Tech Company Financing Transactions
1Fort Funding Round
1Fort, operating out of New York, secured $7.5 million from Bonfire Ventures, 8-Bit Capital and Character VC.
Transaction Overview
Company Name
Announced On
4/17/2025
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Undisclosed
Investors
Bonfire Ventures (Lead Investor) (Jim Andelman)
Draper Associates (Tim Draper)
private investors (Karim Atiyeh)
Proceeds Purpose
The funding will allow 1Fort to continue to improve the broker experience through AI innovations and talent acquisition and further expand partnerships with carriers and brokers.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
335 Madison Avenue 3rd Fl
New York, NY 10017
USA
New York, NY 10017
USA
Phone
Website
Email Address
Overview
1Fort is democratizing cyber resilience with the first automation platform that makes it simple for businesses to comply with the security requirements for cyber insurance, ensuring they can get coverage within a matter of weeks and become cyber resilient. Partnering exclusively with independent insurance brokerages, 1Fort enables them to place cyber with top insurance providers more efficiently, grow their book of business with a differentiated offering, and increase client retention through elevated cyber risk advisory capabilities. 1Fort is founded by a team of technology and insurance professionals and backed by top VCs and industry veterans.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Anthony Marshi
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We report on tech company VC transactions. All VC database entries on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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