"Pibit.AI has secured $7 million in Series A funding to accelerate development of its CURE underwriting platform, an AI-driven system designed to turn complex insurance submissions into fast, trusted decisions. The round, led by Stellaris Venture Partners with participation from Y Combinator and Arali Ventures, marks a significant step forward in the company's ambition to modernise underwriting workflows across the industry."
"Pibit's solution is the CURE (Centralized Underwriting Risk Environment) platform, which unifies every stage of underwriting-from submission intake and document parsing to research, risk scoring and workflow management-into one intelligent system. Modules such as ClearCURE for triage, DocumentCURE for document intelligence, ResearchCURE for data enrichment, RiskCURE for evaluation and WorkflowCURE for execution allow underwriters to move rapidly from raw submissions to decision-ready output."
Pibit.AI raised $7 million in Series A funding to accelerate development of CURE, an AI-driven underwriting platform that converts complex insurance submissions into fast, trusted decisions. CURE centralizes submission intake, document parsing, research, risk scoring and workflow management into one system. Modules include ClearCURE for triage, DocumentCURE for document intelligence, ResearchCURE for data enrichment, RiskCURE for evaluation and WorkflowCURE for execution. The platform emphasizes transparency and explainability to assist underwriters rather than replace them. Rising submission volumes and limited underwriting talent are creating demand for automation that reduces manual work and speeds decision-making.
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