# Kalepa: Insurance, New York, United States

> Kalepa: Kalepa is an insurtech company founded in 2018, based in New York City. Based in New York, United States. Founded 2018.

Source: https://millionrounds.com/startup/kalepa (Millionrounds; every figure on the page links to its filing or article)

United States · [Insurance startup](https://millionrounds.com/companies)

# Kalepa

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

Funding reported Last round: Series A

Insurance New York, United States

Company summary

- **Founded:** 2018 8 years old
- **Team:** 67 51 to 200 people
- **Funding reported:** $14M in dollars
- **Last round:** Series A Sept 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Kalepa has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 **$14M** in dollars

Rounds **2**

Last round **Series A**

Last round size **$14M**

Last round date **Sept 2021**

Investors listed **5**

## Founders and team

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

- **Henry Ward** CEO at Carta
- **Jacqueline Reses** CEO at Lead Bank

## The company, in detail

What they build

Known for

guideline adherence risk exposure identification enterprises information technology & services insurance risk data sources ai model transparency financial services finance ai underwriting underwriting platform risk underwriting guidelines enterprise software risk exposure detection risk decision support

Built with from their website

SailPoint Azure Data Lake Analytics Weaviate Microsoft Azure Monitor ServiceNow Configuration Management Database GitHub Actions accessiBe Azure Devops Planview LeanKit ServiceNow

+8 more

Azure DDoS Protection Jira Service Management IBM SMP/E IoT Parallels Mac Management for Microsoft SCCM Azure VPN Gateway Docker Adobe

- **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](https://millionrounds.com/directory/kalepa)

## Insurance in United States

Startups like it

- [**Reserv** New York · founded 2022 *Raised*](https://millionrounds.com/company/reserv)
- [**Decisely** Alpharetta · founded 2015 *Raised*](https://millionrounds.com/company/decisely)
- [**Luzern Risk** New York · founded 2023 *Raised*](https://millionrounds.com/company/luzern-risk)
- [**Health IQ** Mountain View · founded 2014 *Raised*](https://millionrounds.com/company/health-iq)
- [**Clearcover** Chicago · founded 2016 *Raised*](https://millionrounds.com/company/clearcover)
- [**Vouch Insurance** San Francisco · founded 2018 *Raised*](https://millionrounds.com/company/vouch-insurance)
- [**Pie Insurance** Washington · founded 2017 *Raised*](https://millionrounds.com/company/pie-insurance)
- [**Federato** San Francisco · founded 2020 *Raised*](https://millionrounds.com/company/federato)

## Is this your company?

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