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San Francisco based insurance underwriting platform raised $40m in Series C funding led by StepStone Group.
“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,” said CEO Will Ross.
https://techcrunch.com/2024/11/20/federato-fixes-insurance-risk-analysis-with-ai-raises-40m/
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