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Pibit.AI Bags $7 Mn To Scale Its GenAI Underwriting Platform

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SUMMARY

The Series A funding round was led by Stellaris Venture Partners and saw participation from existing investors Y Combinator and Arali Ventures

The funding will support the startup’s expansion plans, R&D and data partnerships

Founded in 2020, Pibit.AI offers a GenAI-powered underwriting platform called CURE (Centralised Underwriting Risk Environment) that automates data ingestion, analysis and risk assessment

Insurtech startup Pibit.AI has bagged $7 Mn (about INR 62…

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