Pibit.AI, a growing insurtech startup focused on transforming underwriting, has raised seven million dollars in its Series A funding round. The fresh capital comes at an important moment for the company as it works to simplify and speed up one of the most time-consuming processes in the insurance industry. Underwriting often demands long hours of reading documents, checking data, and making sense of complex information. Pibit.AI believes this work can be done faster and more accurately with trusted artificial intelligence, and this investment brings the company closer to that mission.
Pibit.AI’s Vision for Smarter Underwriting
At its core, Pibit.AI wants to make underwriting intelligent and predictable. Many insurance companies still handle submissions manually, causing delays and errors. Pibit.AI reduces this workload by helping teams sort applications, read documents, understand key details, and calculate risk signals quickly. The company’s platform, called CURE, is built to support underwriters rather than replace them. Its tools act like a smart digital assistant that understands documents, collects useful insights, and brings important details forward. This means underwriters spend less time searching for information and more time making decisions.
Customers who already use Pibit.AI have reported big improvements. Their submission processing has become significantly faster, and underwriters are able to take on more cases without feeling overwhelmed. Companies have also seen better clarity in risk assessment because the platform highlights patterns that may not be obvious at first glance. Pibit.AI’s goal is simple: make underwriting quicker, cleaner, and more reliable through trusted AI.
A Platform Designed for Real Insurance Challenges
What makes Pibit.AI stand out is the way it handles the biggest challenges in underwriting. Insurance data is often scattered across emails, PDFs, spreadsheets, and websites. Manually organising this information is one of the slowest parts of the workflow. CURE solves this by pulling everything into one place and giving underwriters a clear view of the submission. The platform reads documents automatically, checks important fields, gathers external information, and generates a clear picture of the risk involved. It also helps teams stay in sync so that nothing gets missed during the process.
The company focuses strongly on explainable AI. This means every output from the system shows how it was generated, which helps insurance teams trust the results. Instead of giving hidden or unclear answers, the system breaks down the reasoning behind each step. This is extremely important for an industry where transparency and accountability matter.
Why the Funding Round Is a Major Milestone
The seven-million-dollar investment will help Pibit.AI scale its technology at a time when the insurance industry is demanding faster digital transformation. The company plans to expand its engineering and product teams so it can build more accurate risk models and strengthen the core CURE platform. It is also working on new integrations so that insurance companies can connect their existing systems more easily. Another priority for Pibit.AI is building stronger data partnerships, which will help the platform understand more cases across different industries.
This funding round also validates the company’s mission. Investors see underwriting as an area that is ready for disruption, and Pibit.AI is positioned well to lead that change. With more submissions coming in every year and fewer underwriters joining the industry, automation is becoming essential rather than optional.
A Future Powered by Trusted AI for Insurance
Pibit.AI now plans to push its technology further and bring more precision to risk checking. The company aims to support underwriters around the world by giving them tools that remove repetitive tasks and allow them to focus on judgement and expertise. As insurance companies face increasing pressure to speed up decision-making, systems like CURE could become a standard part of the workflow.
By strengthening transparency, improving speed, and unlocking deeper insights, Pibit.AI hopes to shape the future of underwriting. The new funding gives the company the momentum it needs to scale this vision and help insurance teams work with confidence, clarity, and smarter technology.