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Federato raised $40M in Series C funding led by StepStone Group to expand operations and its development efforts.

PRIVATENov 20, 2024

Amount Raised

$40 Million

Round Type

Series C

Artificial IntelligenceMachine LearningInsurance

Investors

Stepstone GroupCaffeinated CapitalEmergence CapitalPear VC

Description

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.

Who else raised in Insurance and Artificial Intelligence around the same time

Companies in the same sectors as Federato that raised within 45 days of this round, from Fundz verified event records.

  • Jentic raised $4.1M (Pre-Seed) on January 3, 2025.
  • Apheris raised $21M (Series A) on January 2, 2025.
  • KoBold Metals raised $537M (Funding Round) on January 2, 2025.
  • CargoFL raised $787K (Seed) on January 2, 2025.
  • Imagoworks raised $16M (Series C) on December 31, 2024.
  • TrueFoundry raised $19M on December 31, 2024.

Who to call at Federato, and when

A new round usually means Federato is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Federato raises, hires an executive or expands, scored against what you sell
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  • Who you already know at Federato, from your own LinkedIn network

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Company Information

Company

Federato

About

Federato is the only AI-native platform that spans the full policy lifecycle, changing the way insurance work gets done. Its proven agentic AI conducts complex analyses with depth and rigor, freeing up insurer’s human capital to focus on nuanced decisions and relationships. Federato is the independent alternative to legacy systems and provides better business outcomes with capabilities that are built-in to insurers’ workflows, not bolted on.

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Fundz sees it the moment Federato raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsWilliam R., CEO hiddenSee plans and pricing
Predictive Intelligence
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ML-powered predictions for Federato's next move

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Federato raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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