Federato, an AI-driven underwriting platform for the insurance industry, raised $80 million in Series C funding to enhance its RiskOps platform, which improves underwriting efficiency and accuracy. The platform addresses challenges in Property & Casualty insurance, such as climate change and cyber threats, helping insurers achieve faster risk selection, improved profitability, and more sustainable growth. With this funding, Federato aims to expand globally and support insurers in managing complex markets, further driving innovation in the insurance sector.
Federato Announces $80 Million Raised tto Bring RiskOps to Insurance
