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Insurance AI firm Kalepa raises $75 million in Series B funding

Insurance AI firm Kalepa raises $75 million in Series B funding. $75M Series B at a $470 million valuation

Insurance AI firm Kalepa has raised $75 million in Series B funding at a $470 million valuation, Finextra reports. It looks to expand its AI platform across the insurance value chain and into new markets.

NoteUnderwriting is one of the insurance functions where AI vendors are now raising growth capital, so carriers may see more platforms pitching across the value chain.

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