# Federato Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/federato-technologies

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.federato.ai/
- Total disclosed funding: $175M
- Latest round: Series D (Nov 3, 2025)
- Investors on record: 5

## About

Based in California, US, and co-founded in 2020 by Will Ross (CEO), and William Steenbergen (CTO), Federato Technologies, Inc. is a software-providing firm specializing in the domain of the insurance sector. In November 2025, Federato Technologies, Inc. raised USD 100 million in series D funding led by Goldman Sachs Asset Management, with participation from Emergence Capital, Caffeinated Capital, StepStone, and Pear VC.

The company offers a riskOps platform that processes enormous quantities of data using machine learning and artificial intelligence to display continuous input of data on demand, framework, and priorities for accurate and informed underwriting. The platform uses unused data assets like catastrophe models and cyber security scans to help the insurance business in managing issues or concerns including social inflation, cyber risk, and climate change. Federato generates revenue by licensing its AI-native underwriting platform to insurers, offering subscription-based access, implementation services, and premium analytics for policy lifecycle optimization.

The company plans to use the December 2025 funding to enhance product innovation and expand operations globally.

## Funding rounds

- Series D, Nov 3, 2025, $100M — Emergence Capital, StepStone, Goldman Sachs Asset Management, Caffeinated Capital, Pear VC
- Series C, Nov 20, 2024, $35M — Emergence Capital, StepStone, Caffeinated Capital, Pear VC
- Series B, May 26, 2023, $25M — Emergence Capital, Caffeinated Capital, Pear VC
- Series A, Apr 22, 2022, $15M — Emergence Capital, Caffeinated Capital, Pear VC
- Seed, Jun 1, 2021 — Caffeinated Capital

## Investors

- Caffeinated Capital (https://capitalatlas.ai/funds/caffeinated-capital) — Seed, Series A, Series B, Series C, Series D
- Emergence Capital (https://capitalatlas.ai/funds/emergence-capital) — Series A, Series B, Series C, Series D
- Pear VC (https://capitalatlas.ai/funds/pear-vc) — Series A, Series B, Series C, Series D
- StepStone (https://capitalatlas.ai/funds/stepstone) — Series C, Series D
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series D