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Venture Capital News: Federato Raises $25M Series B Round

2023-06-27
SAN FRANCISCO, CA, Federato, the insurance industry's first RiskOps underwriting platform, today announced that it has raised $25 million in Series B funding.
The round was led by Caffeinated Capital, with participation from Emergence Capital and Pear VC. This round comes less than a year after the company announced its Series A.

Federato's industry-first RiskOps platform for P&C and Specialty insurance aligns portfolio strategy with underwriting action. Designed by underwriters for underwriters, Federato surfaces real-time risk and portfolio insights, enabling teams to triage business based on key criteria like appetite, underwriting guidelines, and winnability. The platform is being used today by a broad cross-section of the insurance industry from multi-billion-dollar insurance carriers to tech-savvy, high growth MGAs.
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