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Federato, a startup focused on enhancing insurance risk analysis through artificial intelligence, has successfully raised $40 million in a Series C funding round. The investment was led by StepStoneVC, which expressed enthusiasm about partnering with Federato to advance its RiskOps platform. This platform is designed to assist underwriters in making more informed decisions and securing deals more efficiently. The funding aims to expand Federato's capabilities and bring additional insurers into the AI-driven insurance landscape.
OneCell Diagnostics bags $16M to help limit cancer reoccurrence using AI: https://t.co/sDDuIBOlXv by TechCrunch #infosec #cybersecurity #technology #news
📣 We're excited to partner with @Federato_AI having led their recent $40M Series C round. Thousands of underwriters are using Federato’s RiskOps platform to win the right deals, faster. Looking forward to bringing more insurers into the AI era https://t.co/iQLzjRg91A https://t.co/KcEEoLNz1G
Federato fixes insurance risk analysis with AI, raises $40M: https://t.co/m9Vvgfgi18 by TechCrunch #infosec #cybersecurity #technology #news