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Federato lands $100 million to advance AI-powered insurance underwriting
Insurtech firm Federato raised $100 million in its latest funding round, lifting total backing to $180 million supported by Goldman Sachs Alternatives and other investors. The company focuses on AI-driven underwriting engines that help insurers price risk more precisely across complex product lines. Executives said the new capital will accelerate engineering hires and strengthen product expansion into global insurance markets.
Companies:
- Federato
- Goldman Sachs Alternatives
Tags:
- startup
- AI
Explore:Mutual Fund Tools
positive
Federato lands $100 million to advance AI-powered insurance underwriting
Insurtech firm Federato raised $100 million in its latest funding round, lifting total backing to $180 million supported by Goldman Sachs Alternatives and other investors. The company focuses on AI-driven underwriting engines that help insurers price risk more precisely across complex product lines. Executives said the new capital will accelerate engineering hires and strengthen product expansion into global insurance markets.
Companies:
- Federato
- Goldman Sachs Alternatives
Tags:
- startup
- AI
Explore:Mutual Fund Tools
1 min read
60 words
Federato raises $100 million, increasing total funding to $180 million to scale AI underwriting systems.
Insurtech firm Federato raised $100 million in its latest funding round, lifting total backing to $180 million supported by Goldman Sachs Alternatives and other investors. The company focuses on AI-driven underwriting engines that help insurers price risk more precisely across complex product lines. Executives said the new capital will accelerate engineering hires and strengthen product expansion into global insurance markets.
Insurtech firm Federato raised $100 million in its latest funding round, lifting total backing to $180 million supported by Goldman Sachs Alternatives and other investors. The company focuses on AI-driven underwriting engines that help insurers price risk more precisely across complex product lines. Executives said the new capital will accelerate engineering hires and strengthen product expansion into global insurance markets.
Companies:
- Federato
- Goldman Sachs Alternatives
Tags:
- startup
- AI
- startup
- AI
- insurance
- funding