Bind AI launches insurance automation service after raising $10 million

Oct 14, 2026
Bind AI has launched an automation service for insurance brokers after raising $10 million from Bonfire Ventures and other investors.

Bind AI announced in a press release the public launch of its automation service for insurance brokers. The company has raised $10 million to date from investors including Bonfire Ventures, Draper Associates and Ramp cofounder Karim Atiyeh.

The service handles submission intake, quoting, proposals and binding. It connects with agency email systems to process incoming messages and documents, then sends completed work to agents for review.

Bind AI also works inside carrier quoting portals. The company says hundreds of agencies use the service and that it has processed quotes covering hundreds of millions of dollars in commercial insurance premiums.

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