Pibit.AI Raises $7 Million To Solve An Insurance Talent Crisis With AI

Insurtech startup Pibit.AI raises $7 million from Stellaris, others

The San Francisco-based startup plans to deploy the funds in research and development to strengthen its product, and expand its team, said founder Akash Agarwal.

Pibit.AI Raises $7 Million To Solve An Insurance Talent Crisis With AI

The insurance industry is running out of people. AI may fill the gap, but only if carriers rethink roles, training, and the future of underwriting.

InsurTech Pibit AI bags $7m to scale underwriting tech

InsurTech startup Pibit AI, which builds AI-powered underwriting technology for insurers, has secured $7m in fresh funding as it looks to accelerate development of its platform and expand its team. The funding round was led by Stellaris Venture Partners, with returning investors Y Combinator and Arali Ventures also participating, according to beinsure. The latest injection brings Pibit AI’s total capital raised to $7.5m across two rounds, accord…

Insurtech Startup Pibit.AI Raises $7 Million from Stellaris, YC & Arali

Pibit.AI, an insurtech company building AI systems for underwriting, has raised $7 million in a Series A round led by Stellaris Venture Partners, with participation from existing investors Y Combinator and Arali Ventures.  The funding will be used to strengthen product development and accelerate industry-wide adoption of the company’s flagship Centralised Underwriting Risk Environment (CURE).“Pibit.AI was built around one idea: that AI should em…

Pibit.AI raises USD $7 million to expand AI underwriting platform

Pibit.AI has raised USD $7 million to expand its AI-driven underwriting platform, boosting automation and speeding up insurance risk assessments.

Pibit.AI raises USD $7 million to expand AI underwriting platform

Pibit.AI has raised USD $7 million to expand its AI-driven underwriting platform, boosting automation and speeding up insurance risk assessments.