The Series A, led by Ribbit Capital, brings the AI-underwriting startup's total funding to $55M.
Artificial Intelligence Underwriting Company (AIUC) raised $40 million in Series A funding led by Ribbit Capital, with First Harmonic and Terrain participating, bringing total funding to $55 million. The company says it is building audits, standards and insurance infrastructure for enterprises deploying AI systems.
The source's own statement, as linked above. Nothing beyond it has been independently checked by us.
This is a funding announcement, not a live product. AIUC's audit and coverage terms are not detailed here.
A specialty market for AI-system coverage and certification is forming outside the standard cyber and tech E&O books. Watch for AIUC or similar entrants to appear as a market option on AI-heavy accounts, not yet as a replacement for existing coverage.
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