Insurers find it hard to understand the true exposures of businesses and to profitably provide them with policies that reflect that true risk. SMBs struggle to find the coverage they need and are often left underinsured, uninsured, or paying higher rates than needed.
Our Copilot technology platform and Copilot-powered MGA combine Human and Artificial Intelligence to address this foundational issue head on, bringing commercial insurance to the Efficient Frontier where businesses and insurers work with a single version of the truth and collaborate to mitigate risk. It’s the way insurance should work.
Kalepa is backed by IA Ventures, Inspired Capital, and leaders in technology and financial services.
Overview
Funding Rounds 2
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Sep 3, 2021 | Series A round | $14M |
Mentions in press and media 15
| Date | Title | Description |
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| Nov 6, 2026 | Kalepa Secures $75 Million Series B, Propelling Insurance AI Valuation to $470 Million | Kalepa, a leading insurance AI provider, closed a $75 million Series B funding round. This elevates its valuation to $470 million. Updata Partners spearheaded the investment. Existing backers IA Ventures and Inspired Capital also participat... |
| Nov 6, 2026 | Startup Funding News Today, November 6, 2026: Zipline, Harbinger, Humble Robotics, Kalepa, Ocient & More | One drone-delivery startup just raised more capital than most companies will see in a lifetime. Zipline secured $1.5 billion at a $21.5 billion valuation, leading a new wave of venture investment in companies building the infrastructure, ma... |
| Nov 6, 2026 | Kalepa Inks $75 Million Series B | NEW YORK, NY, Kalepa, the leader in Professional Grade AI for insurance, today announced $75 million in Series B funding at a $470 million valuation. >> Click here for more funding data on Kalepa >> To export Kalepa funding dat... |
| Nov 5, 2026 | Kalepa Raises $75 Million Series B At $470 Million Valuation To Expand AI Platform For Insurance | Kalepa, an artificial intelligence technology company focused on the insurance industry, has raised $75 million in Series B funding at a $470 million valuation. The round was led by Updata Partners, with participation from existing investor... |
| Nov 5, 2026 | Kalepa raises $75 million | Kalepa, a provider of underwriting intelligence, announced $75 million in Series B funding at a $470 million valuation. The Series B was led by Updata Partners, with participation from IA Ventures and Inspired Capital, bringing funding to d... |
| Jan 18, 2024 | North Star Mutual Insurance Company Selects Kalepa's Copilot Underwriting Platform | Insurtech leader Kalepa announced today that North Star Mutual Insurance Company has deployed Kalepa's award-winning Copilot underwriting platform. NEW YORK, Jan. 18, 2024 /PRNewswire-PRWeb/ -- Insurtech leader Kalepa announced today t... |
| Dec 30, 2023 | Kalepa, a leading Insurtech company, appoints Naohiko Oikawa as advisor for its Japan business | |
| Dec 30, 2023 | Kalepa, a leading Insurtech company, appoints Naohiko Oikawa as advisor for its Japan business | Kalepa, a leading Insurtech company, appoints Naohiko Oikawa as advisor for its Japan business *View in browser* *Kalepa* Press release: December 30, 2023 ** Kalepa, a leading Insurtech company, appoints Naohiko Oikawa as advisor for its Ja... |
| Dec 21, 2023 | Insurtech leader Kalepa appoints Japan industry leader Naohiko Oikawa to Advisory Board | Kalepa appoints Japan Advisor Naohiko Oikawa Kalepa announced today that Naohiko Oikawa has joined its Advisory Board, bringing decades of experience as CEO, corporate leader, and strategic advisor of leading Japanese and international firm... |
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FAQ about Kalepa
When was Kalepa founded?
Kalepa was founded in 2018.
How much funding has Kalepa raised?
Kalepa has raised $89M in total across 2 funding rounds.
What funding rounds has Kalepa raised?
Parsers VC lists 2 funding rounds of Kalepa, among them a Series A round of $14M on Sep 3, 2021.
What has the press written about Kalepa?
Parsers VC has collected 15 articles mentioning Kalepa, among them “Kalepa Secures $75 Million Series B, Propelling Insurance AI Valuation to $470 Million” (Nov 6, 2026) and “Startup Funding News Today, November 6, 2026: Zipline, Harbinger, Humble Robotics, Kalepa, Ocient & More” (Nov 6, 2026).
Is Kalepa still active?
Yes, Kalepa is active; its latest activity on Parsers VC dates from Nov 7, 2026.