Federato (Series A)
Funding Details
- Awarder
- Inbox
- Date Award
- November 20, 2024
- Vertical
- Insurance Technology
- Funding URL
- View Funding Page
- Funding Amount:
- $40,000,000
Company Info
- Traction
- Federato has raised a total of $80 million and claims customers see a 90% improvement in time to quote.
- Organizations Involved
- Kettle, Nationwide
- Founders
- Will Ross, William Steenbergen
- Company Description
- Federato is a startup that provides an AI-powered underwriting platform to help insurers better understand and respond to risk, leveraging large datasets for risk assessment and predictive analytics.
- Market
- Insurance
- Coinvestors
- Emergence Capital, Caffeinated Capital, Pear VC