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The Artificial Intelligence Underwriting Company has raised $15M in seed funding led by Nat Friedman to provide insurance and safety standards for AI system deployment.

Jul 23, 202520 days ago

Amount Raised

$15 Million

Round Type

seed

San FranciscoInformation TechnologyMachine LearningArtificial Intelligence

Investors

Ben MannTerrainEmergence CapitalNat Friedman

Description

The Artificial Intelligence Underwriting Company (AIUC) has launched and secured $15 million to tackle challenges in deploying AI safely. The seed funding round was led by Nat Friedman with contributions from Emergence Capital, Terrain, and angel investors. The company aims to combine insurance with stringent safety protocols for enterprises using AI agents. CEO Rune Kvist emphasizes the pressing need for businesses to manage AI risks effectively.

Company Information

Company

Artificial Intelligence Underwriting Company

Location

San Francisco, California, United States

About

The Artificial Intelligence Underwriting Company (AIUC) focuses on providing insurance coverage and rigorous safety standards to help enterprises deploy artificial intelligence systems safely. Founded by a former Anthropic executive, AIUC aims to bridge the trust gap in AI deployment by offering independent audits and creating a comprehensive security framework for AI agents. Their solution, termed 'SOC 2 for AI agents', addresses key concerns around safety, security, and reliability in AI applications.

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