Team StartupCity

• Pibit.AI raises $7 Million Series A led by Stellaris Venture Partners
• Funding to boost its CURE underwriting system
• Startup to expand product and engineering teams

Pibit.AI has secured $7 million in its Series A funding round, led by Stellaris Venture Partners, with participation from Y Combinator and Arali Ventures. The company plans to use the fresh capital to strengthen its Centralized Underwriting Risk Environment (CURE) platform and drive wider adoption among insurance carriers. It will also scale its product and engineering teams to support rapid growth over the next year.

Founded in 2020 by Akash Agarwal, Pibit.AI develops trusted AI systems aimed at transforming the underwriting process. The company focuses on reducing the time underwriters spend on manual tasks like data collection, document review, and risk analysis. Its goal is to help teams work faster and make more accurate decisions using reliable, transparent AI-driven outputs.

CURE acts as a single, integrated system that manages the complete underwriting workflow, including submissions, document parsing, research, risk signals, and task coordination. Its suite of components like ClearCURE, DocumentCURE, ResearchCURE, RiskCURE, and WorkflowCURE. It works together to streamline processes, improve consistency, and support underwriting teams that face rising submission volumes and limited specialist capacity.

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Pibit.AI serves customers across markets and is focused on building scalable, trustworthy solutions for insurance companies navigating complex workloads. With this new investment, the startup aims to enhance its platform capabilities and strengthen its presence in the growing insurtech ecosystem.