Harper, a San Francisco, CA–based AI-powered insurance brokerage for small- to mid-sized businesses, has raised $46.8 million in a combined Series A and Seed round. 

Investors 

The round was led by Emergence Capital, with participation from Y Combinator, Lobster Capital, and Peak XV Partners. 

Emergence Capital is a venture capital firm specializing in early- and growth-stage investments in enterprise cloud companies. It invests in the people reshaping how the world works—from the rise of cloud computing to the new wave of AI-powered work. 

Harper Use of Funds 

The company will use the funding to expand its engineering team, enhance its AI-driven insurance platform, and grow the brand to serve more small- and mid-sized businesses. 

About Harper 

Founded in 2024 by Dakotah Rice and Tushar Nair, Harper is an AI-native insurance brokerage company that leverages AI to automate insurance operations, including submission routing, underwriter follow-ups, document collection, and pipeline management. The company connects small- to mid-sized businesses with over 160 insurance carriers and handles more than 1,000 customers per month. Harper has served over 5,000 businesses across sectors, including manufacturing, healthcare, hospitality, transportation, and construction. 

Funding Details 

Company: Harper 

Amount Raised: $46.8M 

Round: Series A + Seed 

Funding Date: February 2026 

Lead Investor: Emergence Capital 

Additional Investors: Y Combinator, Lobster Capital, Peak XV Partners 

Company Website: https://www.harperinsure.com/  

Software Category: AI Insurance Brokerage / Fintech 

Source: https://techcrunch.com/2026/02/25/ai-insurance-brokerage-harper-raises-45m-series-a-and-seed/