Federato just flexed ๐ช $100M from Goldman ๐ฐ to sauce up insurance with AI! ๐ Total funding: $180M+ ๐ค๐ฅ #InsurTech #BigBucks
๐จ๐ Hold onto your wallets, fam! Federato just bagged a cool ๐ฅ$100M Series D investment ๐ฅ led by none other than Goldman Sachs Alternatives. You heard that right โ thatโs over $180M, which is like a whole squad of stonks ๐ฐ๐ฐ๐ฐ! "Just keep saying AI, and theyโll hand you money!" one developer allegedly said as they polished their โBoring? Never heard of itโ shirt. ๐คก๐ What does Federato do, you ask? Well, they're throwing some fancy AI magic into insurance lifecycle software โ whatever that means, right? ๐ค Like, canโt we just stick to promising to pay our premiums and calling it a day? ๐ Meanwhile, we got their competitors trying to cope: โIs it too late to add AI to our toaster?!โ ๐ฉ๐ฅด And let's be real, Federato is officially the Spotify of insurance. They might as well drop an album of "greatest hits" of complex policies and underwriting processes while they're at it. So get ready, because I predict that by 2025, an insurance policy will come with its own TikTok dance challenge. You heard it here first! ๐บ๐ฅ #InsuranceTok #WeAreNotOkay
