AI Startup Liberate Secures $50M to Transform Insurance Operations with Automated Agents
Insurance AI startup Liberate has raised $50 million in Series B funding led by Battery Ventures, reaching a $300 million valuation. The company’s automated agents handle end-to-end insurance tasks from claims processing to policy sales, reportedly cutting costs by 23% while increasing sales by 15% for clients.
Major Funding Round for Insurance AI Specialist
Liberate, an artificial intelligence startup focused on automating insurance operations, has secured $50 million in Series B funding according to recent reports. The all-equity round values the three-year-old company at $300 million post-money and was led by Battery Ventures with participation from Canapi Ventures and returning investors Redpoint Ventures, Eclipse, and Commerce Ventures.