Kalepa, the leader in Professional Grade AI for insurance, announced $75 million in Series B funding at a $470 million valuation. Over the past year, the company has tripled revenue and its customer count. Kalepa has sustained this growth while remaining cash flow positive for more than two years, and will use the new funding to expand its AI product suite, move into new markets, and double the team’s headcount in 2027. Its customers include major insurers and MGAs such as W.R. Berkley, Bowhead Specialty, and AmRisc.
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Kalepa Raises $75 Million at a $470 Million Valuation to Bring Professional Grade AI to Every Task in the Insurance Value Chain
Insurers are under pressure from every direction. Losses keep climbing, a generation of experienced professionals is retiring and taking decades of judgment with it, and AI-native competitors are entering the market built for speed from day one. Softening prices leave less room for error on every decision. Yet much of the AI conversation in insurance remains focused on isolated administrative tasks. What insurers need is AI that carries connected workflows through to completion and strengthens every decision along the way, so they can move at the pace of the market while raising the bar on discipline.
Kalepa makes that possible by performing and orchestrating work across operations, underwriting, pricing, and portfolio management. The platform’s insurance-specific AI harness coordinates the agents behind those workflows, adapting as conditions change and matching the level of autonomy to each task and its risk.
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