India, April 3 -- TurboHire cofounder Aman Gour's latest artificial intelligence (AI) venture FurtherAI has raised $5 Mn as part of a seed funding round led by Nexus Venture Partners.

The round also saw participation from Pioneer AI Fund, South Park Commons, Y Combinator, Converge VC, Xceedance, and other angel investors.

FurtherAI plans to use the fresh proceeds to expand its operations in the UK, grow its tech team, drive "strategic" industry engagement and enhance its product capabilities.

Founded in 2023 by Gour and Sashank Gondala, FurtherAI's AI autonomous agents help insurance companies automate their workflows. The platform helps its clients enhance risk assessment and automating critical tasks such as submission intake, policy...