# AI Insurance funding: rounds and investors

> AI Insurance has raised $3.8M across 1 round since 2022. Investors include Y Combinator and Magic Fund. Every round with its source.

Source: https://millionrounds.com/company/ai-insurance (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *AI Insurance*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Y Combinator: W19

Funding summary Updated 26 Oct 2026

**$3.8M** raised across 1 round since 2022, from 1 source

- **Latest round:** Seed, $3.8M Mar 2022
- **Investors:** 2

See who backed them

## The rounds

- **Mar 2022** Seed **$3.8M** [Y Combinator](https://millionrounds.com/fund/y-combinator) [Magic Fund](https://millionrounds.com/fund/magic-fund) Source recorded

## Founders and team

From AI Insurance's own website: 3 on the team.

- **Julie Bordo** CEO of PCH Mutual RRG
- **Michael Richards** President, Westwood Insurance Group
- **Robert Bates** President of Magnolia LTC

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Magic Fund](https://millionrounds.com/fund/magic-fund) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ai-insurance).

## Also claim to have backed them

These 2 firms list AI Insurance as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Haymaker Ventures](https://millionrounds.com/fund/haymaker-ventures) VC firm Per its own site

[Haymaker Growth](https://millionrounds.com/fund/haymaker-growth) Investment firm Per its own site

## Quick answers about AI Insurance

### Who invested in AI Insurance?

AI Insurance's investors include Y Combinator and Magic Fund.

### How much has AI Insurance raised?

AI Insurance has raised $3.8M across 1 round since 2022.

### When did AI Insurance last raise?

AI Insurance's most recent round was a Seed of $3.8M in Mar 2022.

### What was AI Insurance's biggest round?

Its most recent round, $3.8M in Mar 2022, is also its largest on record.

### Who backed AI Insurance first?

AI Insurance's first round on record, in Mar 2022, was backed by Y Combinator and Magic Fund.

### What stage is AI Insurance at?

AI Insurance's latest named round is a Seed, in Mar 2022.

### Where is AI Insurance based?

AI Insurance is based in the United States.

## Companies like AI Insurance

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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