Federato raised $40M in Series C funding led by StepStone Group to expand operations and its development efforts.
Federato raised $40M in Series C funding led by StepStone Group to expand operations and its development efforts.
11/20/24, 5:37 PM
Location
san franciscoMoney raised
$40 million
Industry
machine learning
artificial intelligence
Round Type
series c
Investors
Pear Vc, Caffeinated Capital, Emergence Capital, Step Stone Group
Federato, a San Francisco-based provider of an AI-native underwriting platform, raised $40M in Series C funding. The funds will be used to expand operations and further develop their platform for insurers.
Company Info
Location
san francisco, california, united states
Additional Info
Federato's RiskOps underwriting platform for insurance carriers, MGAs and MGUs provides real-time risk selection and portfolio insights to empower underwriters to balance their book of business and make better underwriting decisions.