Slingshot Insurance
Slingshot Insurance is an AI-native insurance company providing integrated infrastructure for the embedded insurance market. Its platform combines automated workflows, actuarial pricing, reinsurance placement, and API connectivity to help MGAs, vertical software platforms, and distributors launch and scale small-premium insurance products profitably. The system maintains a single auditable ledger where every decision is versioned, reconcilable, and explainable.
- Insurance Technology
- Artificial Intelligence
- Financial Technology
- Software Only
Funding
Raised to date
$27MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
across 1 round
JHSG$27M · Seed
Announced Oct 2026
Disclosed cumulative: $27M
Founders
Founder details are not available yet.
Product
Problem
Embedded insurance products are typically high-frequency, low-severity risks with small premiums, but legacy carrier infrastructure and operating models carry fixed costs designed for a much different market. This mismatch makes it difficult for vertical software platforms, MGAs, and distributors to launch and scale small-premium insurance products profitably, leaving a fast-growing segment underserved.
Solution
Slingshot Insurance is an AI-native insurance company built specifically for the embedded economy. It replaces the patchwork of spreadsheets, email, and disconnected legacy systems with a single integrated platform that automates complex workflows using AI and connects seamlessly with MGAs, distribution platforms, and capital providers via APIs. The platform provides access to capital, actuarial pricing and risk selection, reinsurance placement, real-time program performance tracking, and automated workflow management. By dramatically lowering the cost of administering policies and accessing capital, Slingshot enables insurance products that historically were not economically viable, operating them profitably and at scale with every decision auditable, reconcilable, and explainable.
Target Audience
Primary customers are vertical software platforms, managing general agents (MGAs), insurance distributors, and capital providers serving the embedded insurance market, particularly those launching products for niches such as amateur sports, travel, and the gig- and independent-work economy.
Features
- AI-automated workflows that handle data-heavy administrative tasks and assign ownership to every open item
- Access to capacity from capital providers, sized specifically for small, high-volume insurance products
- Actuarial pricing and risk selection tailored to each individual program
- Reinsurance placed behind each program with transparent, readable terms
- Real-time program performance dashboards showing how each program performs while running
- API-based integration layer connecting MGAs, distribution platforms, and capital providers in one unified stack
- Versioned data ledger where every figure carries its origin and change history, with named approvers and superseded versions kept on file
- No minimum fees, enabling programs of any size to launch