In an article by Daniel David Reitberg on Medium, the author discusses how cobots are breaking down barriers to automation for small businesses. Cobots are collaborative robots that are designed to be scalable and affordable for small enterprises. They can be used to perform tasks without the need for extensive technical expertise and can be integrated into operations without compromising financial health. Cobots are allowing small businesses to reap the benefits of automation that were once exclusive to large corporations.

Layr, a leading insurtech company, recently closed a $10 million round of financing led by Cota Capital. The K Fund, HSCM Ventures, Sandbox Industries, and Flyover Capital also participated in the round. The company will use the funds to expand its go-to-market operations and bolster Layr's platform functionality for brokers. Layr's cloud-based tools and services are designed to increase broker profitability and customer satisfaction in small business insurance operations. According to the source, GlobeNewswire, Layr is revolutionizing the insurance market by providing brokers with a digital platform to streamline operations from quote to claim.

Curinos has launched a new tool, the LendersBenchmark Analyzer for Small Business Lending Portfolio, to help lenders proactively manage their portfolios and reduce risk. This new tool will give lenders the ability to compare their performance to that of their peers. According to Curinos, the tool will provide a complete view of the lending product lifecycle.