Goldman Sachs Alternatives led a $100m Series D round in Federat

Goldman Sachs Alternatives, the alternative investments division of Goldman Sachs, led a $100m Series D round in Federato, an insurance technology company, with participation from Emergence Capital, Caffeinated Capital, StepStone Group, and Pear VC. “Our diligence in P&C insurance revealed that Federato’s AI-native platform delivers a step change in ROI and efficiency compared to prior generations of core systems. Federato has built the full policy lifecycle solution the market has been waiting for, and we’re excited to invest in a company whose domain and AI expertise are already delivering measurable results for insurers,” Jade Mandel, Goldman Sachs Alternatives Managing Director.