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

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