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AI insurtech firm 1Fort raises $7.5m in oversubscribed funding round

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AI platform 1Fort has secured $ 7.5 m in latest funding round, bringing total funding to $ 10 m.

The investment will be used to enhance the AI capabilities of 1Fort 's platform, which automates insurance brokerage workflows.

The platform also offers risk management software to help businesses manage policies and mitigate potential claims or losses.