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Pibit.AI Raises $7 Million to Scale GenAI Underwriting Platform

The company will use the capital to expand CURE, deepening risk models for insurers facing a shrinking underwriter pipeline.

Overview

  • The Series A totals $7 million led by Stellaris Venture Partners with participation from Y Combinator and Arali Ventures.
  • Pibit.AI’s CURE platform automates submission ingestion, data extraction and enrichment, and risk flagging in a single workspace.
  • Modular tools include DocumentCURE, CleanCURE, WorkflowCURE, ResearchCURE, and RiskCURE designed to move submissions from intake to decision-ready output.
  • The company plans to invest in R&D, advanced risk models, deeper data partnerships, go-to-market expansion, and hiring across product, engineering, and customer success.
  • Early users named by the company include Kinetic, Shepherd, Method Insurance Company, HDVI, and RMS, with company-reported results citing faster cycles, higher GWP per underwriter, improved loss ratios, and billions of dollars in submissions processed without adding headcount.