FFulcrum provides an AI-powered platform that automates back-office tasks for insurance brokers. It uses tailored large language models with retrieval, reasoning, and validation pipelines to handle proposal generation, policy checks, coverage and claims analysis, and certificate issuance. It integrates directly with brokers' existing tools like Applied Epic and email to extract documents, reconcile data across records in real time, and update client information without forcing users to change their workflows. The goal is to cut manual labor, speed up processing times, and improve accuracy while reducing dependence on offshore BPOs, with a focus on accelerating adoption among large U.S. brokerage firms.
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Industries
Company Size
51-200
Company Stage
Series A
Total Funding
$25M
Headquarters
San Francisco, CA
Founded
2023
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Total Funding
$25M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Fulcrum has launched an automated certificate workflow that generates endorsement-ready certificates from emailed requests in under a minute. The system reads policies directly rather than relying on form-filling, comparing requested coverage against actual client policies and flagging discrepancies before account managers commit. The workflow automatically locates and attaches relevant endorsement forms from policies and incorporates pre-approved description language. Account managers review each certificate before issuance. The automation builds on Fulcrum's existing policy checking and proposal generation capabilities. At renewals, entire accounts can be reissued in batches, work that typically takes agencies days or weeks annually. The company states this represents the largest time-saving feature it has delivered, doubling the hours returned to account managers. Fulcrum is used by nearly half of the top 50 US insurance brokerages and processes over 2,500 hours of servicing work daily.
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SAN FRANCISCO, January 27, 2026--Fulcrum, the leading AI platform for insurance brokerages, today announced $25 million in combined Seed and Series A funding led by CRV, with participation from South Park Commons, Foundation Capital, and a group of prominent insurance and technology angel investors. The company is helping insurance brokerages modernize their day-to-day workflows with AI agents that handle coverage and claim analysis, proposal generation, client and carrier sales prep, policy che
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Industries
Company Size
51-200
Company Stage
Series A
Total Funding
$25M
Headquarters
San Francisco, CA
Founded
2023
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs