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Kalepa Raises $75m to Scale AI Across Insurance

Summary by fintech.global
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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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.

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Tech Funding News broke the news on Thursday, November 5, 2026.
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