Y Combinator Grad And AI Insurance Brokerage Harper Raises $47M

AI insurance brokerage Harper raises $47M to automate commercial coverage for small businesses.
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Y Combinator Grad And AI Insurance Brokerage Harper Raises $47M
AI Insurance Brokerage Harper Secures $47M What if getting business insurance didn't mean endless forms, confusing quotes, and weeks of back-and-forth? An AI insurance brokerage called Harper is changing that equation. The startup, founded by serial entrepreneur Dakotah Rice, just closed a $47 million funding round to scale its autonomous platform. Harper matches small and mid-sized businesses with tailored commercial coverage in minutes, not months. Here's how this venture is reimagining insurance for the digital age—and why investors are betting big on its AI-native approach. From Startup Setback to AI Insurance Innovation Dakotah Rice knows the weight of a founder's setback. His previous venture, an investment platform, closed in 2023 after he couldn't crack a profitable model. He's been open about that chapter, noting that ego sometimes delays hard decisions. But that experience became fuel. Rice returned to his roots: his family once ran a traditional insurance b…