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Federato
Federato is an AI-native underwriting platform designed for the property and casualty (P&C) insurance industry. Founded in 2020, the company is headquartered in Palo Alto, California, and operates with a mission to enhance insurance underwriting through smarter risk selection and portfolio optimization. The platform, known as RiskOps, empowers underwriters with real-time insights and automates complex risk analyses, allowing for efficient decision-making. The RiskOps platform features capabilities such as submission triage, real-time risk selection, and continuous portfolio analytics. It integrates unused data assets and is built directly into existing workflows, ensuring speed and precision in underwriting processes. Federato primarily serves P&C insurance carriers, managing general agents, and mutual insurance companies in the U.S. The company has raised over $180 million in funding, with a focus on product innovation and global expansion.
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$37M