Federato has raised $100 million in Series D funding led by Growth Equity at Goldman Sachs (GS) Alternatives, with participation from returning investors Emergence Capital, Caffeinated Capital, StepStone Group, and Pear VC. This latest capital infusion reinforces a major shift in insurer sentiment away from an old core of legacy systems and towards a generation of software in tune with the AI transformation surrounding all of us.
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