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Hedge

AI-Native specialty insurance company

Y CombinatorSpring 2026ActiveFintechInsuranceFintechB2BInsuranceAI

What they do

Problem

Insurance brokers struggle to quickly find affordable, high-quality specialty coverage options for their customers.

Solution

Hedge provides an AI-native specialty insurance platform that helps brokers find faster, cheaper, and better coverage.

Who it's for

Insurance brokers seeking specialty insurance coverage for their clients.

Founders

Luke Button
Founder

Building Hedge. Prev. founded Fernstone (AI-powered retail insurance brokerage), led a growth team at Traba (Series A, backed by Founders Fund), Head of Growth at Antimetal, cofounder at Contrast (acquired).

Luke Rosa
Founder

Building Hedge. Prev. Head of Scaled Systems at Traba (Series A, backed by Founders Fund, Khosla), replaced humans with AI agents to manage $20 MM+ in revenue. Econ at UChicago.

Open roles 1

Founding Underwriter
San Francisco, CA, US · Full-time · $125K - $200K · 0.25% - 1.50%
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