AIUC raises a $40M Series A to insure AI agents, arguing risk not capability is the adoption bottleneck
Rune Kvist (former Anthropic product hire) and Rajiv Dattani (ex-METR COO) announced a $40 million Series A led by Ribbit Capital and First Harmonic on September 16, 2026, with 20 staff and customers including Cursor, Harvey, Lovable and ElevenLabs. Their AIUC-1 standard certifies agents on security, safety and reliability via quarterly jailbreak, hallucination and data-leak testing, updated every quarter rather than every decade, so that insurers like Lloyd's can underwrite deployments. Kvist's thesis is Waymo-shaped: superhuman capability does not unblock deployment when liability is unresolved. He also notes copyright is effectively uninsurable because the companies most eager for coverage are the likeliest to infringe.
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