Federato Raises $25M in Series B Funding to Continue Catalyzing Insurance’s “AI Moment”
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A Different Approach to Insurance Technology

Founded in 2020, Federato is on a mission to transform the $1T+ Property & Casualty and Specialty insurance industry.

Through the use of bleeding-edge deep reinforcement learning and AI, we enable insurers to provide efficient and affordable coverage to underserved communities, people, and organizations in the face of societal issues and risks like the climate crisis, cyber attacks, and social inflation.

At Insurate, we are on a mission to make workers comp insurance pricing fairer by removing subjectivity and bias from the risk selection process. In Federato, we have found a trusted partner that shares our core values and commitment to transform insurance through better data.”

Joe McIlhon
ceo at Insurate
Different by Design

From our design-driven industry consultation approach, IT mentoring, and unprecedented pace of implementation, we truly are a different kind of enterprise software company.

Deep Insurance Subject Matter Expertise

Our team brings deep insurance underwriting and technological expertise to the table. We are leaders in climate modeling, computational mathematics, sustainability, and operations.

Putting the “Service” Back into Enterprise SaaS

We pride ourselves on being a partner to our clients, not a vendor. You can trust us to meet our commitments and think of our team as an extension of your own – and we never charge for services.

Our Investors

Venture-Capital backed and well funded, Federato’s investors collectively have more than $50B under management and over $500B in exits.

We recently raised $25M in Series B financing, led by Caffeinated Capital, with participation from Emergence Capital and Pear.

Other backers include:

Global Founders Capital •  Clocktower Ventures • Sterling Road • The 21 Fund

Our values

Great companies have a set of core values that unite them. These are the values that give us purpose, help us focus on what matters, and determine how we work with our clients, partners, and each other. They are the foundation of who we are and everything we do.

We believe businesses don’t have problems, people do.

We solve for the needs of the individuals who work for our customers by developing empathy for what they think, feel, say and do.

We believe being human means recognizing the humanity in ourselves and others.

We create a positive impact on the world, beginning with taking good care of ourselves, our families, our teammates, our customers and our communities.

We believe starting from first principles gives us the courage to think differently.

We always rely on a first principles approach to understand and solve problems. Once we build conviction in what is true, we build a solution from that foundation.

We believe In learning
and the power of “yet”

We believe that through curiosity and dedication to learning we can overcome challenges, build skills and create solutions that are not possible . . . yet.

We believe in the importance of 'Getting Sh!t Done'

When it comes to proving the value we provide for our customers, we choose to “show, not tell.”