The round was led by CRV, with participation from South Park Commons, Foundation Capital, and a group of prominent insurance and technology angel investors. The company is helping insurance brokerages modernize 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 is the leading AI platform for insurance brokerages, helping teams modernize workflows like policy checking, proposal generation, and certificate issuance. Trusted by top U.S. brokerages, Fulcrum's AI agents integrate directly with existing systems to deliver faster, more accurate service without adding headcount or relying on offshore BPOs.