United States · Insurance startup

Kalepa

Kalepa is an insurtech company founded in 2018, based in New York City.

Funding reportedLast round: Series A

InsuranceNew York, United States

About Kalepa

Kalepa is an insurtech company founded in 2018, based in New York City.

It specializes in AI-powered decision support software for commercial and specialty insurance underwriters. The company aims to enhance the underwriting process by providing data-driven insights and active learning, helping insurers accurately price risk and identify profitable opportunities. Kalepa's flagship product, Copilot, serves as a decision-support engine for underwriters. It analyzes vast amounts of data to automate tasks such as loss run processing, risk sorting, and hazard analysis. The platform continuously improves its AI models based on user feedback, offering actionable insights and recommendations to optimize underwriting performance. Kalepa operates on a Software-as-a-Service (SaaS) model, providing subscription access to its platform. The company serves various sectors within the commercial and specialty insurance market, including property and casualty insurers, specialty carriers, and reinsurers. Kalepa has been recognized as an InsurTech100 company for four consecutive years and has secured significant funding from notable investors.

What company datasets say Kalepa raised

Funding, as reported

Reported in all$14Min dollars
Rounds2
Last roundSeries A
Last round size$14M
Last round dateSept 2021
Investors listed5

Founders and team

From Kalepa's own website: 2 on the team.

  • Henry WardCEO at Carta
  • Jacqueline ResesCEO at Lead Bank

The company, in detail

What they build

Known for

guideline adherencerisk exposure identificationenterprisesinformation technology & servicesinsurancerisk data sourcesai model transparencyfinancial servicesfinanceai underwritingunderwriting platformriskunderwriting guidelinesenterprise softwarerisk exposure detectionrisk decision support

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Sector
Insurance
Industry code
NAICS 52421, 513210, 524298, SIC 7375
Region
New York
Revenue
$6.5M a year, as listed
Full record
Every detail in the company directory

Insurance in United States

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