Liberate bags $50M at $300M valuation to bring AI deeper into insurance back offices.
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Liberate Raises $50M To Boost AI In Insurance
Liberate Bags $50M At $300M Valuation To Bring AI Deeper Into Insurance Back Offices Liberate bags $50M at $300M valuation to bring AI deeper into insurance back offices , marking a major step in the industry’s AI transformation. The San Francisco-based startup is automating insurance operations, helping carriers and agencies worldwide modernize legacy systems and improve efficiency. Image Credits:Liberate Battery Ventures Leads The $50M Round The $50 million all-equity funding round was led by Battery Ventures , with participation from Canapi Ventures , Redpoint Ventures , Eclipse , and Commerce Ventures . This brings Liberate’s post-money valuation to $300 million , just three years after its founding. The fresh capital will help the company scale its agentic AI deployments across global insurance carriers and agencies. Why The Insurance Industry Needs AI More Than Ever The insurance sector is facing mounting challenges — from rising operational costs to outdated legacy systems and elevated cust…