Harper

Emerging

Raised $47M combined seed + Series A (Feb 2026) led by Emergence Capital. YC W25. 5,000+ customers. Largest publicly disclosed Series A by a Black founder. Mostly autonomous licensed commercial insurance agency.

AI Commercial Insurance Brokerage
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Updated April 2026

Company Overview

About Harper

Harper is an AI-native commercial insurance brokerage that is nearly fully autonomous — matching SMBs to coverage across 160+ carriers, routing quotes, processing documents, and following up with underwriters without requiring human broker involvement for most transactions. The company raised $47 million across seed and Series A financing in February 2026 led by Emergence Capital, following its Y Combinator W25 graduation. Harper serves 5,000+ customers and represents the largest publicly disclosed Series A by a Black founder.

Business Model & Competitive Advantage

Traditional commercial insurance brokerage is one of the highest-friction purchase experiences in B2B financial services: small businesses receive inconsistent quotes, face weeks of back-and-forth with underwriters, and often end up underinsured due to the time cost of the process. Harper's AI agents replace this entire workflow — gathering business information, selecting appropriate carriers for the risk profile, submitting applications, and following up on approval timelines automatically.

Competitive Landscape 2025–2026

The commercial insurance market represents $1+ trillion in annual premium globally, with small business coverage representing the most underserved segment. Harper's Emergence Capital backing signals go-to-market credibility — Emergence specializes in enterprise and vertical SaaS and brings distribution relationships that accelerate SMB insurance platform adoption.

Revenue
$47M
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Key Differentiators

Emerging Innovator

Harper is an emerging player bringing innovative solutions to the InsurTech market.

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