Kalepa Raises $75m to Scale AI Across Insurance
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5 Articles
Kalepa Secures $75m in Series B Funding Round
The latest news from Kalepa for you; Kalepa, the leader in Professional Grade AI for insurance, has announced $75 million in Series B funding at a $470 million valuation. Over the past year, the company [...] The post Kalepa Secures $75m in Series B Funding Round appeared first on .
In the Series B round led by Updata Partners, the company reached a valuation of $470 million. There is no direct investment or office description in Turkey.
Kalepa raises $75m to scale AI across insurance
Kalepa, the New York-based InsurTech developing artificial intelligence for insurance professionals, has raised $75m in a Series B funding round at a $470m valuation, following a year in which its revenue and client base each tripled. The round was led by Updata Partners, with existing investors IA Ventures and Inspired Capital also participating. The investment brings Kalepa’s total funding to $91m, following a $14m Series A in 2021 led by Insp…
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