Fondo · Feb 2026
Launch write-up summarizing the founders’ background, the AI + broker model, and the company’s initial customer focus.
Full-stack insurance brokerage for businesses.
Company research
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
Overview
Fernstone is an AI-native insurance brokerage for businesses that combines AI with licensed brokers to speed up complex commercial insurance placement, COI issuance, policy management, and claims handling.
Primary product
AI-enabled commercial insurance brokerage platform and brokerage service
Founded
2025
Headquarters
San Francisco, California, United States
Team size
1-10 employees
Industry
Insurance
Sub-industry
Commercial insurance brokerage / insurtech
Offices
New York, NY, United States
Business model
B2B insurance brokerage
software-enabled brokerage platform
Funding
Stage
seed
Total raised
$2.8M
Latest round
Pre-Seed · Jan 2026
Latest amount
$1.5M
Jan 2026
Sep 2025 · Y Combinator
People & investors
Work & culture
Founder-led, customer-obsessed, and speed-oriented; public materials emphasize white-glove broker support, transparent pricing, and rapid turnaround on coverage and COIs. A job posting indicates an in-person NYC operating style for at least some roles.
Visa sponsorship
Limited
Compensation
Public hiring data for a Growth & Operations Lead role listed $100K-$150K base salary plus 0.25%-1.00% equity.
Product & market
Pricing
Quote-based brokerage pricing with transparent, competitive pricing and no hidden fees publicly advertised; exact commission/subscription structure is not disclosed.
Differentiators
- —AI + licensed brokers-in-the-loop
- —automated follow-up on carrier email threads
- —rapid COI issuance
- —dedicated risk advisor / white-glove support
- —one platform for risk, policy, claims, and compliance
- —transparent pricing
- —focus on complex commercial risk
Technology
Ashby
Meta Pixel
Meta/Facebook lead generation forms
Customers
construction businesses
security companies
trades businesses
security guard companies
garage customers
daycare customers
Competitors
Harper
Mulligan
Panta
CoverWallet (Aon)
Embroker
Next Insurance
Scale & contact
Estimated revenue
US$158K–US$596K estimated (midpoint ~US$244K)
Estimated monthly visits
4.9K
Traffic estimate as of Jun 2026
Latest news
Signalbase · Jan 2026
Funding article reporting a $1.5M pre-seed raise and describing the company’s AI-driven commercial insurance workflow and planned expansion.
Neer Venture Partners (LinkedIn) · Dec 2025
Portfolio announcement describing Fernstone as a full-stack commercial insurance brokerage using an AI agent to speed carrier back-and-forth and bind coverage faster.
Singularity Capital Management (LinkedIn) · Dec 2025
Investor post highlighting the company’s AI-driven insurance workflow, COI generation, and speed benefits for complex-risk customers.
Y Combinator · Oct 2025
YC launch post describing Fernstone as an AI-powered brokerage that combines AI with licensed brokers-in-the-loop to review and bind coverage, automate back-and-forth with carriers, and issue COIs quickly.
Jobs and careers at Fernstone
0 jobs at Fernstone
No open positions
Check back later for new openings