Pibit AI, a company rethinking underwriting from the ground up, today announced a $7 million funding round to accelerate development of its Centralized Underwriting Risk Environment (CURETM) and expedite industry-wide adoption. The round will help the company double down on its mission to make underwriting faster, more accurate, and above all, trusted. The series A funding round was led by Stellaris Venture Partners with participation from Y Combinator and Arali Ventures.

Pibit.AI is an insurtech company reconstructing the art (and science) of commercial underwriting for carriers and MGAs. At the heart is the CURE™ platform, the industry's only centralized underwriting risk environment fueled by agentic underwriting services that delivers decision-ready outcomes. It converts submissions into decisions by automating intake, triage, and data enrichment from documents and external sources while surfacing risk insights so you can win the right accounts faster, scale throughput, and reduce loss ratios. Backed by Y-Combinator, the proprietary platform serves dozens of clients across the US, enabling 85% faster underwriting, 32% increase in GWP per underwriter, and up to 700 basis points improvement in loss ratios.