1Fort, a NYC-based cyber insurance automation platform provider, closed a $2m pre-seed round of financing.
Backers included Village Global, 8-Bit Capital, Operator Partners, Character, Company Ventures, BrokerTech Ventures, along with other venture firms and angel investors.
The company intends to use the funds to further product development, make key hires and strengthen relationships with brokers.
Led by Anthony Marshi, Co-Founder and CEO, 1Fort is a cyber insurance automation company that simplifies the acquisition and management of cyber insurance for middle to large businesses. The company integrates with a business’ existing tools, empowering them to automatically detect and immediately resolve security issues. By connecting via API to the tools used by businesses, 1Fort provides teams real-time visibility into their inside-out security posture and helps them remediate the gaps to become insurable and secure coverage terms and pricing.
1Fort is offered to businesses through its partnerships with retail brokers, enabling them to support their clients through the security control requirements and place cyber deals more efficiently.
FinSMEs
27/06/2023