Kalepa Insurance

Helping Insurers Bind with Confidence

[AlleyWatch @AlleyWatch]

NYC startup @KalepaInsurance just raised $75M in Series B funding, led by Updata Partners with continued backing from IA Ventures and Inspired Capital.

We spoke with CEO and Founder Paul Monasterio about the AI platform insurers use to underwrite, price, and manage risk.

Read the story:

https://t.co/vDFUCaTedL

[Inspired Capital @InspiredCap]

Congrats to @KalepaInsurance on their $75M Series B! We first backed Kalepa in 2021 when we led their Series A. Since then, they’ve built Professional Grade AI that takes insurance work from start to finish, with people stepping in where their judgment matters most.

In the past year, revenue and customers tripled while the company stayed cash flow positive. Insurers using Kalepa are seeing up to 60% more premium per underwriter and quote times cut by more than half.

We are excited to continue backing @pmonast, Daniel Hillman, and the Kalepa team.

[Kalepa Insurance @KalepaInsurance]

We’ve raised $75M in Series B at a $470M valuation, led by @UpdataPartners, with @iaventures and @InspiredCap. We tripled revenue and customers this year while staying cash flow positive. Next: expanding Professional Grade AI across insurance.

Hear more from our CEO @pmonast.

[Inspired Capital @InspiredCap]

@KalepaInsurance | Senior Platform Engineer (Remote)
Reinventing commercial insurance with an AI powered underwriting Copilot.

[FINTECH GLOBAL @Fintech_Global]

Well done to @KalepaInsurance for being chosen as part of the #InsurTech100 list!

Read the full list here: https://t.co/GJuFHxWQtF

#InsurTech #FinTech

[Reinsurance News @NewsReinsurance]

Kalepa expands technology partnership with W. R. Berkley Corporation affiliate
https://t.co/0VtsRmfq7l

[FINTECH GLOBAL @Fintech_Global]

A huge congratulations to @KalepaInsurance for making it onto the #AIFinTech100 list!

Read the list here: https://t.co/d1pQKtk6MG

#AIFinTech #FinTech

[FF News | Fintech Finance @fintechf]

Bishop Street Underwriters Partners With Kalepa to Power the Next Generation
of Top Performing MGAs
https://t.co/bf3RWZ1QUF

[Minh Q. Tran @Minh_Q_Tran]

Bowhead Specialty and Kalepa team up to boost underwriting using AI technology. #Insurtech #Innovation
https://t.co/23qcyfjvfq

[Reinsurance News @NewsReinsurance]

Bowhead Specialty adopts Kalepa’s AI-driven Copilot for enhanced underwriting.
https://t.co/N1FXuLZHGy

[InsurTech Digital @InsurTechD]

Looking for a cutting-edge technology solution to enhance underwriting? @MunichRe Specialty – North America has partnered with @KalepaInsurance to deploy their award-winning Copilot platform

Read more: https://t.co/ZJ4zTaJkXQ

#InsurTech #Underwriting #RiskManagement

[Paul Monasterio 🇺🇦 @pmonast]

2023 was a year of exceptional growth at @KalepaInsurance , and I'm thankful to our clients, partners, and the incredible Kalepa team for the opportunity to work with them. Here's to an excellent 2024!
https://t.co/MkipJCQs1C

[PIN @getpinxyz]

Mastercard was founded in 1966 by a group of banks, including Wells Fargo and Bank of America.

Today Mastercard is worth $343 billion.

This week we're revealing the top 3 companies created by former employees of Mastercard.

📌#1: Meet @KalepaInsurance, a New York-based insurance underwriting platform tackling the global commercial insurance industry which is worth $1 trillion.

📌 Co-founded by: @pmonast & @dannyapt

📌 They’ve raised $14 million from investors like Inspired Capital Partners & IA Ventures.

_________________________________________

Next reveal of the top 3 coming up tomorrow!

PS: Can you guess how many companies have been founded by the Mastercard Mafia so far?

[Kalepa Insurance @KalepaInsurance]

When it comes to underwriting software, what does it mean to be a Category Visionary?

On this episode of Category Visionaries, CEO Paul Monasterio discussed founding a successful startup, transforming commercial insurance, why he values hustle, and more

https://t.co/4ry8zKQcZM

[Center for Data Innovation @DataInnovation]

.@morganstevens spoke with @pmonast, co-founder and CEO of @KalepaInsurance. He explains how underwriters can use #data to better assess prospective insurance applicants & discusses the impact of #AI on the insurance industry. https://t.co/5XTEbAcUPx

[Center for Data Innovation @DataInnovation]

How can the insurtech industry use #AI to prepare for potential losses stemming from #climatechange or related events? Check out our latest 5 Q's with @pmonast, co-founder and CEO of @KalepaInsurance, for the answer to this question and more. https://t.co/5XTEbAcUPx

[Center for Data Innovation @DataInnovation]

@morganstevens' latest 5 Q's features @pmonast, co-founder and CEO of @KalepaInsurance. He explains how underwriters can use #data to better assess prospective insurance applicants & discusses the impact of #AI on the insurance industry. https://t.co/5XTEbAcUPx

[Center for Data Innovation @DataInnovation]

.@morganstevens spoke with @pmonast, co-founder and CEO of @KalepaInsurance. He explains how underwriters can use #data to better assess prospective insurance applicants & discusses the impact of #AI on the insurance industry. https://t.co/5XTEbAcUPx

[Kalepa Insurance @KalepaInsurance]

Arch Insurance deploys Kalepa's AI-powered Copilot underwriting workbench

https://t.co/MdH7hED8gW

Thanks @ArchInsInt!

[Paragon @paragon74873150]

"Paragon is a trailblazer among MGAs, and we are proud to help power their long-term growth aspirations and deliver exceptional underwriting experiences" ... thanks, @KalepaInsurance! We're looking forward to our continued collaboration! https://t.co/GkycVkAyot