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Harbor raises $10 million in seed funding to insure AI agent risks

By Ashish Tiwari Oct 13 (The Insurer) — Harbor, a startup developing risk assessment and insurance for AI agents, has emerged from stealth and raised $10 million in seed funding from Base10 Partners, Abstract and 8VC, the company said on Tuesday. The San Francisco-based company helps businesses identify, measure and mitigate operational, security and regulatory risks associated with AI agents, while insuring the remaining risk if an agent fails or causes a loss. As companies increasingly delegate tasks and decisions to AI agents, questions over liability remain unresolved. Traditional professional liability, cyber and technology E&O policies have historically covered employee mistakes and traditional software failures, but some insurers are excluding AI-related risk from existing policies. Insurers also have limited claims data to assess and price potential losses. Harbor combines a risk management platform with insurance coverage. Its platform inventories a company's AI agents, assesses their risks against internal policies and blocks decisions that breach company rules. It also reassesses risks when an agent's models, tools or data change. Harbor says its risk framework was built

HARBOR