Piston

We’re building the first autonomous insurance group, starting with Morrow, our AI-native commercial insurance brokerage. We help businesses find, compare, and buy insurance across 100+ carriers. Every placement deepens our understanding of businesses, risk, and underwriting. We’re turning that knowledge into an insurance ontology that gives our AI agents the context to reason, apply judgment, and execute insurance workflows autonomously across calls, emails, and carrier portals. Our ambition is to build the most comprehensive intelligence layer in the industry. Over time, we’ll use this foundation to develop and underwrite our own insurance products. Insurance spending represents 12% of U.S. GDP, and we want to go after all of it. We’re backed by C-suite executives at some of the world’s largest insurers, first-check investors in Rippling and Twilio, and a Cloudflare board member.

Alder is an AI-native property management company that operates directly in the property management industry. By leveraging artificial intelligence as a core part of its operations, Alder manages properties with a technology-forward approach designed to streamline and enhance traditional property management practices.

The company is a B2B SaaS platform operating in the proptech industry, established in the German real estate market. It serves housing companies, developers, and asset managers through a multi-tenant web and mobile platform built on established codebases. With real customers, real data, and real revenue, the company has demonstrated market traction and provides essential software solutions to key players in the real estate sector.