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FurtherAI raises 25M to bring AI automation to insurance workflows
October 08, 2025
The San Francisco-based startup FurtherAI has secured a $25 million Series A led by Andreessen Horowitz to accelerate its mission of modernizing the $7 trillion insurance industry through AI insurance automation. The funding, announced just six months after a $5 million seed round, marks one of the largest early-stage investments in AI-powered insurance workflows to date.
This announcement highlights a growing vertical for applied AI — automation platforms targeting traditional, document-heavy sectors like insurance — where European insurers and brokers are facing similar challenges of scalability, compliance, and digital transformation.
Scaling AI to automate the “busywork” in insurance
FurtherAI’s technology reduces the repetitive manual work that bogs down insurance professionals — handling tasks like submissions processing, underwriting audits, and policy comparisons. By deploying domain-specific AI models tailored for insurance workflows, the company says it can cut hours of administrative work down to minutes while improving accuracy and compliance.With the new capital, FurtherAI plans to expand its library of insurance-specific workflows, deepen integrations with carrier and broker systems, and grow its go-to-market teams to meet global demand.
“We’re grateful to partner with leaders across the industry as they modernize operations,” said Aman Gour, Co-Founder and CEO of FurtherAI. “Insurance is the backbone of the economy, but the people running it have been stuck with outdated tools. With this funding, we’re doubling down on building AI workflows that give underwriters, brokers, and claims teams superpowers—freeing them to focus on the work that truly matters.”
Industry adoption and measurable impact
The company’s AI currently processes billions in premiums annually for insurers such as Accelerant, MSI, and Leavitt Group. Clients report measurable results, including productivity gains, faster proposal generation, and improved submission-to-quote ratios.“The FurtherAI team has been a fantastic partner in rapidly standing up complex enterprise workflows,” said Venkat Raman, Chief BizOps Officer at Accelerant. Laurie Flanagan of Leavitt Group added, “Implementing FurtherAI has been game-changing — faster turnarounds, higher accuracy, and a platform we can keep expanding.”
FurtherAI’s co-founder and CTO, Sashank Gondala, noted that the company’s approach involves close collaboration with insurers through its “forward-deployed engineering model,” allowing teams to work directly with AI engineers to ensure real-world impact.
“FurtherAI is redefining how insurance gets done,” said Joe Schmidt, Partner at Andreessen Horowitz. “Aman and Sashank are technical founders whose customers see them as true AI partners, not just AI tools. Their early traction signals a generational opportunity to transform insurance.”
With $30 million in total funding and rapid adoption across major carriers, FurtherAI is positioning itself as the AI insurance automation workspace powering the next phase of digital transformation for the global insurance industry.
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