New capital will drive continued global expansion to bring more insurers into the AI eraSAN FRANCISCO, Nov. 20, 2024 /PRNewswire/ -- Federato, the AI-native underwriting platform for insurance, announced today that it has raised a total of $80 million, including its latest Series C funding round. The $40 million round was led by global private markets investor StepStone Group (NASDAQ: STEP), with participation from existing investors, including Emergence Capital, Caffeinated Capital and Pear VC, who togethe ...