Federato Technologies has filed a notice of an exempt offering of securities to raise $39,999,965.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Federato Technologies is raising up to $39,999,965.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Federato Technologies
Federatos RiskOps underwriting platform for insurance carriers, MGAs and MGUs provides real-time risk selection and portfolio insights to empower underwriters to balance their book of business and make better underwriting decisions. Founded in 2020, Federato is on a mission to transform the $1T+ Property & Casualty and Specialty insurance industry. Through the use of bleeding-edge deep reinforcement learning and AI, we enable insurers to provide efficient and affordable coverage to underserved communities, people, and organizations in the face of societal issues and risks like the climate crisis, cyber attacks, and social inflation. Federato is well-funded by venture capital, with investors who collectively have more than $50B under management and over $500B in exits.
To learn more about Federato Technologies, visit http://www.federato.ai/
Federato Technologies Linkedin Page: https://www.linkedin.com/company/federato/
Contact:
William Ross, Chief Executive Officer
626-710-2394
https://www.linkedin.com/in/williamross826/
SOURCE: http://www.intelligence360.io
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