builders · traced · first seen Nov 6, 10:33 UTC

Kalepa raises $75M Series B at $470M valuation

Kalepa raised funding, but no change to its insurance platform was announced.

L2 · reported1 source3 claims checked

What we checked

Every claim below was walked down the source ladder. The rung is how close the source is to the thing itself; the tense is the source's own.

1. announced L2 · reported

   Kalepa raised a $75M Series B.

   per Techmeme (L2)
2. announced L2 · reported

   Updata led Kalepa’s Series B.

   per Techmeme (L2)
3. announced L2 · reported

   Kalepa’s valuation was $470M.

   per Techmeme (L2)

Sources

• NY-based Kalepa, whose AI platform supports insurance underwriting, pricing, and portfolio management, raised a $75M Series B led by Updata at a $470M valuation (Manya Saini/Reuters) — Techmeme L2 · reported