Position in SVTRnew
Snapshot 2026-10-23- Startup SignalsTop 50%
- FintechTop 50%
- InsurTechRankedof 29
About
Slingshot Insurance is a Minneapolis-based AI-native insurance infrastructure company for the embedded insurance economy, serving vertical software platforms, MGAs, distributors and reinsurance capital providers to launch and operate small, high-frequency, lower-severity insurance products sold at the point of another transaction.
Full tier & rationale — an SVTR Intelligence benefit
Capital graph
Investor· 2
Founders / team· 4
Funding history
- 2026-10-22Seed$27M
Investors · Rally Ventures, Skyward GroupSource · prnewswire.com ↗
Comparable companies· by market
This company
BusinessLatest roundTotal raisedDate- Slingshot Insurance
Slingshot Insurance is a Minneapolis-based AI-native insurance infrastructure company for the embedded insurance economy, serving vertical software platforms, MGAs, distributors and reinsurance capital providers to launch and operate small, high-frequency, lower-severity insurance products sold at the point of another transaction.
Seed · $27M · 2026-10
$27M
United States
BusinessLatest roundTotal raisedDate- Shepherd
Automates commercial insurance underwriting for construction and infrastructure projects using real-time operational data
Series B · $67M · 2026-03
$67M - Novella
AI agents automating underwriting analysis, policy processing, renewals, inspections and wholesale brokerage for complex commercial risks
Undisclosed · $21M · 2026-05
$21M - Ageospatial
Satellite imagery + AI property/infrastructure risk intelligence platform for insurance underwriting and government asset management.
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Europe
BusinessLatest roundTotal raisedDate- Continuity
Tools for insurers to use AI-driven insights and external data sources for better risk assessment and decision-making
Undisclosed · $11M · 2024-06
$11M - Qantev
AI helping health and life insurers automate claims processing and detect fraud
Undisclosed · $33M · 2024-10
$33M - Baobab Risk Solutions
Cyber insurance plus cyber risk monitoring and incident response for companies with revenue under EUR 1 billion
Series A · $14M · 2025-06
$14M
Other / unspecified
BusinessLatest roundTotal raisedDate- Kayna
Infrastructure and AI tools helping vertical SaaS platforms embed and distribute insurance products
Seed · $3M · 2026-03
$3M - General Magic
Text-message (SMS/iMessage/RCS) AI agents that automate insurance customer engagement and workflows
$14M · 2026-03
$14M - Terminal
Unified API normalizing fragmented vehicle data from 325+ telematics providers, with AI quality checks and consent management, for insurers, fleet management and logistics operations; addresses scattered vehicle data sources and incompatible formats in fleet and insurance; described as the Plaid of telematics
Series A · $26M · 2026-07
$26M
Confirmed rounds only. Matched on subsector, sector, stage and funding scale — each verifiable on the company profiles.
Investors that may fit
Y Combinator
47 Fintech deals in the last 24 months · 33 at a nearby stage · 44 in US Midwest
Request intro →Andreessen Horowitz
31 Fintech deals in the last 24 months · 13 at a nearby stage · 28 in US Midwest
Request intro →General Catalyst
26 Fintech deals in the last 24 months · 11 at a nearby stage · 20 in US Midwest
Request intro →Lightspeed
18 Fintech deals in the last 24 months · 7 at a nearby stage · 15 in US Midwest
Request intro →Sequoia Capital
16 Fintech deals in the last 24 months · 5 at a nearby stage · 15 in US Midwest
Request intro →Index Ventures
15 Fintech deals in the last 24 months · 5 at a nearby stage · 12 in US Midwest
Request intro →Ranked by each firm’s deals in this sector over the last 24 months, weighted by nearby stage and shared geography. Indicative only — no rating judgment.