Pibit AI helps commercial property and casualty insurers and MGAs automate the data-heavy front end of underwriting. Its core platform, CURE, ingests loss runs, ACORD forms, broker emails and other fragmented, inconsistent documents, then structures the data, runs research and risk assessment, and surfaces underwriting insights so underwriters can price and decide faster. By replacing manual data entry and document chasing, Pibit aims to compress submission-to-quote timelines and improve straight-through processing. Founded in 2020 with teams in Bengaluru and the US, Pibit is a Y Combinator alum and raised a $7M round in November 2025 led by Stellaris Venture Partners, with returning investors Y Combinator and Arali Ventures, bringing total funding to roughly $7.5M. The capital funds R&D, deeper product capabilities and US expansion.
Pibit AI
ActiveAI underwriting automation for commercial P&C insurers
Total raised
$7M
1 round
Stage
Venture
Team
11-50
since 2020
Pricing
Freemium
free plan
Founded
2020
Bengaluru, India
Agent-ready
API
Score 40/100
CURE underwriting automation platform
Loss run and ACORD document extraction
Automated data structuring and enrichment
Risk assessment and research workflows
Submission-to-quote acceleration
Broker email and attachment ingestion
Underwriter dashboards and insights
Commercial P&C focus
40/100
Developing
MCP server
Public API
Webhooks
OAuth 2.0
SDKs
— Venture $7M incl. Arali Ventures +2
Capital network
$7.5M raised ·3 backers·10 network links
- Backers3
- Shared portfoliocompanies these backers also fund
- Extended networkfunds that co-invest alongside them
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Transparent machine-learning insurance pricing and reserving
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Liberate
Reasoning AI agents that automate insurance sales, service and claims
AI AgentsAI Insurance
Kognitos
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Gradient AI
AI risk analytics for underwriting and claims in insurance
AI AnalyticsAI Insurance
- What does Pibit AI do?
- It automates commercial underwriting data work, extracting and structuring documents through its CURE platform.
- Who is it for?
- Commercial P&C insurers and MGAs handling high submission volumes.
- How much has Pibit raised?
- About $7.5M, including a $7M round in November 2025 led by Stellaris Venture Partners.
- Is Pibit a YC company?
- Yes, it is a Y Combinator alum.
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