Slingshot raises $27M seed to build an insurer for small checkout policies
Exclusive: Slingshot Raises $27M In Seed Funding To Build An Insurer For Those Small Policies Sold At Checkout
AI Overview
Slingshot Insurance, an AI-native embedded insurance startup, has raised $27 million in seed funding co-led by Rally Ventures and Skyward Group. The Minneapolis company.
Why it matters
The round shows how AI-native software is being applied to the administrative cost of tiny embedded insurance policies, with a first customer and a carrier acquisition already in view.