Pibit.AI Raises $7M Series A to Accelerate AI-Driven Insurance Underwriting Platform CURE

Pibit.AI, an insurtech startup, raised $7M in Series A funding led by Stellaris Venture Partners, joined by Y Combinator and Arali Ventures. Founded in 2020, it uses its AI-powered CURE platform to speed up underwriting by 85% and improve accuracy. The funds will enhance development, expand its reach, and strengthen AI-driven insurance operations.