Slingshot Insurance reportedly emerges from stealth with $27 million seed round

The SaaS News reports that Minneapolis-based Slingshot Insurance emerged from stealth with $27 million in seed financing co-led by Rally Ventures and Skyward Group. The outlet describes its platform as AI-native infrastructure intended for embedded insurance products in markets including travel, amateur sports and gig work. Slingshot plans to use the capital for further platform development; investor Jim Hays will join its board, the report says.