Funding Round attributes
Federato Secures $40 Million Series C Funding
Who is Funding
Federato has raised $40 million in its Series C funding round, led by Stepstone Group. Returning investors Emergence Capital, Caffeinated Capital, and Pear VC also participated. This brings Federato’s total funding to $80 million.
What is the Funding For
The funding will support Federato’s efforts to expand its AI-powered RiskOps platform and accelerate adoption among insurers worldwide. The platform is designed to improve underwriting efficiency, optimize risk selection, and drive sustainable portfolio growth.
About the Company
Federato’s RiskOps platform integrates AI to help underwriters triage submissions, manage portfolios in real-time, and streamline workflows. Customers report significant improvements, including faster quote speeds, better business outcomes, and reduced reliance on multiple systems.
Quotes
William Ross, co-founder of Federato commented: “We had a shared thesis that AI could better be applied to optimizing what no human could do or had time to do, versus automating away low-value tasks. The analogy here is Uber, DoorDash. These are consumer companies, but they solve a problem no human had the time to effectively solve. And those tend to look like these optimization problems.”
Carlotta "Lotti" Siniscalco , a partner at at Emergence Capital, stated: “We are in the land of Facebook, and moving fast and breaking things. But in insurance you cannot do that.”
Conclusion
With fresh funding, Federato aims to strengthen its position as a leader in AI-driven underwriting solutions, delivering measurable value to insurers globally.
