Insurance AI startup Kalepa raises $75M Series B at $470M valuation
emmanuelvivier · x · 2026-11-09
Kalepa, which builds "professional grade AI" for insurance, raised a $75 million Series B at a $470 million valuation.
- Revenue and customer count both tripled over the past year, and the company has been cash-flow positive for more than two years.
- The funding will expand its AI product suite, enter new markets, and double headcount in 2027.
- Customers include major insurers and MGAs such as W.R. Berkley, Bowhead Specialty and AmRisc.
- Its insurance-specific AI orchestrates agents across underwriting, pricing and portfolio management, matching autonomy to task risk with auditable results.
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