New Delhi, Jan. 28 -- Fulcrum, the leading AI platform for insurance brokerages, on Wednesday, January 28, announced $25 million in combined seed and series A funding.

The company said the funding was led by CRV, with participation from several prominent insurance and tech angel investors, including South Park Commons and Foundation Capital.

The company, in a media release on Wednesday, said that it is helping insurance brokerages "modernise their day-to-day workflows with AI agents that handle coverage and claim analysis, proposal generation, client and carrier sales prep, policy checking, and certificate issuance."

Fulcrum aims to enhance efficiency in the insurance brokerage segment through artificial intelligence (AI).

So far, cri...