About Federato

A Different Kind
 of SaaS Company

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

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Empowering insurers with AI for inclusive and resilient coverage

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.
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Design-Driven Approach
02
Deep Insurance Subject
Matter Expertise
03
Putting the “Service”Back into Enterprise SaaS

“Prior to Federato, we had nine different systems throughout a submission process and we’ve consolidated that down to one.”

“I don't think we've stopped since we started. It's just been like, ‘Okay, what's next?’ It's been relatively easy to get buy-in from senior leadership. The belief in the product is there, which makes it easier to just keep the improvements flowing. What really stands out about Federato is the long-term vision and thequality of their people.”

“Leveraging Federato's AI-powered underwriting and portfolio management technology is a strategic priority for us. We expect to see a significant improvement in how we manage risk and make data-driven decisions. This collaboration will help us remain at the forefront of innovation while honoring our legacy of trusted service.”

Video
Case Study
Video: How Velocity Reinvented Submission Intake with Federato
October 22, 2024
Video
Case Study
QBE Partners with Federato to Achieve Business-Led Underwriting Transformation
June 27, 2024

Leadership Team

World-Class Experience

We’ve assembled a world-class leadership team with deep insurance and SaaS experience across the full policy lifecycle.

William Steenbergen
CTO & Co-Founder
Will Ross
CEO & Co-Founder
Megan Bock
Chief Operating Officer
Dave Frechette
Chief Revenue Officer
Jean-Jacques Simeoni
Head of Data Science
Shabad Sobti
VP of Engineering
Bhooshan Ganu
Head of Product
Lisa Khoury
VP of Marketing
Hannah Higgins
VP of Finance

Our Investors

Supported by the Best VCs in the Business

Federato is well-funded by venture capital, with investors who collectively have more than $200B under management and over $1T in exits.

We recently raised $40M in Series C financing led by StepStone Group, with participation from Emergence Capital, Caffeinated Capital and Pear VC.

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
01

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.

02

Being human means recognizing the humanity in ourselves & 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.

03

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.

04

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.

05

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.”

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