Third Space is a new kind of insurance broker, powered by AI and built to tackle the affordability crisis facing real world businesses, starting with nightlife (bars, music venues, and clubs). We leverage operational data (camera footage, POS, HR, and reports) for proprietary underwriting and to fight the key driver of unsustainable hikes in mandatory liability insurance: lawsuits. Our goal is to become the first AI native carrier for commercial insurance, and the largest. $115B TAM. LOIs from 50+ locations representing ~$3M in premiums. Founded by the former CEO of Elsewhere (one of the largest independent live music companies in the US, and represents 5,000+ businesses through trade association boards) and tech lead from Ramp who has built financial products at scale.