Tech Company Financing Transactions

Federato Funding Round

Federato, operating out of Palo Alto, secured $25 million in funding from Caffeinated Capital, Emergence Capital Partners and Pear VC.

Transaction Overview

Company Name
Announced On
6/27/2023
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors
Proceeds Purpose
The company will use the funds to Continue Catalyzing Insurance's "AI Moment"/

Company Information

Company Status
Private & Independent
Industry
InsureTech
Mailing Address
320 High St.
Palo Alto, CA 94301
USA
Email Address
Overview
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.
Profile
Federato LinkedIn Company Profile
Social Media
Federato Company Twitter Account
Company News
Federato News
Facebook
Federato on Facebook
YouTube
Federato on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Will Ross
  Will Ross LinkedIn Profile  Will Ross Twitter Account  Will Ross News  Will Ross on Facebook
Chief Operating Officer
Megan Zarnoch
  Megan Zarnoch LinkedIn Profile  Megan Zarnoch Twitter Account  Megan Zarnoch News  Megan Zarnoch on Facebook
Chief Technical Officer
William Steenbergen
  William Steenbergen LinkedIn Profile  William Steenbergen Twitter Account  William Steenbergen News  William Steenbergen on Facebook
VP - Product Management
Sean Singleton
  Sean Singleton LinkedIn Profile  Sean Singleton Twitter Account  Sean Singleton News  Sean Singleton on Facebook
VP - Sales
Graham Gudmestad
  Graham Gudmestad LinkedIn Profile  Graham Gudmestad Twitter Account  Graham Gudmestad News  Graham Gudmestad on Facebook
VP - Sales
Page Wiggins
  Page Wiggins LinkedIn Profile  Page Wiggins Twitter Account  Page Wiggins News  Page Wiggins on Facebook


 

 

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Prev: 6/27/2023: Lilz venture capital transaction
Next: 6/27/2023: Faros AI venture capital transaction

 

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