Federato raises $100M Series D led by Goldman Sachs Alternatives
Federato closed a $100M Series D led by Growth Equity at Goldman Sachs Alternatives, bringing total funding to roughly $180M and placing the company among the best-capitalised AI-native underwriting workstations.
The round follows a $40M Series C in 2024 (StepStone Group) and a $25M Series B in 2023 (Caffeinated Capital). Federato's RiskOps platform unifies submission intake, underwriting decisioning, and portfolio management — the trio that Guidewire, Duck Creek, and most carriers' home-grown Excel stacks split across several systems. QBE North America is the named customer on the record. The raise drops at a moment when Celent is actively publishing on Federato's Orchestrate product line, a signal that analyst coverage is catching up with the funding pace.
Tools mentioned
Sources
- Federato's $100M Signal: From Underwriting Intelligence to Platform Ambition — Insurance Innovation Reporter
- Federato Launches Tech to Tackle Underwriter Fears of Falling Behind — Carrier Management
- Gen AI in Underwriting and Code Generation — Federato Orchestrate — Celent