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Pibit.AI raises $7 Mn in Series A round led by Stellaris

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Pibit.AI has raised $7 million in a Series A round led by Stellaris Venture Partners, with participation from Y Combinator and Arali Ventures. 

The proceeds will be used to build its Centralized Underwriting Risk Environment (CURE) and drive adoption across insurance carriers. It will also expand its product and engineering teams to support growth over the next year.

Founded in 2020 by Akash Agarwal, Pibit.AI builds trusted AI systems for underwriting. The firm focuses on improving speed, accuracy, and decision-making for underwriters who still spend…

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