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Artificial Intelligence Underwriting Company (AIUC) raised $40 million in a Series A round led by Ribbit Capital, with First Harmonic also participating.

MAIN POINTS
  1. AIUC secured $40 million in Series A funding.
  2. Ribbit Capital led the investment round.
  3. First Harmonic participated in the financing.
  4. The company is named Artificial Intelligence Underwriting Company.
TAKEAWAYS
  1. The startup has attracted significant early-stage investor interest.
  2. Ribbit Capital’s leadership signals strong confidence in AIUC.
  3. First Harmonic’s participation adds additional backing.
  4. The funding round positions AIUC for further growth and development.
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