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Pibit.AI logo — The fastest path from submissions to better decisions.

Pibit.AI

The fastest path from submissions to better decisions.

Founded 2020 United States San Francisco, United States 136 employees Seed Total: $625.00K AI, Insurance +1

General Information

Company Name Pibit.AI
Founded Year 2020
Location United States San Francisco, United States
Employees 136
Industries AI, Insurance, Insurtech
Funding Stage Seed
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Usage Based, Service Fee
Social

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About Pibit.AI

Pibit.AI is an innovative San Francisco-based insurtech company established in 2020, dedicated to transforming commercial underwriting for carriers and MGAs. At its core is the CURE™ platform, the industry's only centralized underwriting risk environment. This proprietary technology, supported by Y-Combinator, enhances decision-making by automating submission processing, enriching data, and highlighting risk insights.

The platform claims to streamline the underwriting process by up to 85%, boost gross written premiums (GWP) per underwriter by 32%, and improve loss ratios by up to 700 basis points. Pibit.AI's significant traction is demonstrated by its successful service to numerous clients across the U.S.

In its latest funding milestone, the company secured a $500,000 Seed Round investment on March 10, 2023, led by Arali Ventures. This investment supports the company’s mission and unique value proposition in revolutionizing the underwriting landscape through AI-driven insights.

Business keywords: Insurtech, Commercial Underwriting, Underwriting Automation, Risk Assessment, Data Enrichment, Decision-making Solutions, Operational Efficiency, Loss Ratio Improvement, CURE Platform, MGAs and Carriers, Submission Management, Risk Insights, Agentic Underwriting Services, Y-Combinator Backed, Loss Run Analysis

Services & Products

ClearCURE™
DocumentCURE™
ResearchCURE™
RiskCURE™
WorkflowCURE™

Target Customers

Carriers Managing General Agents (MGAs) MGA Aggregators Mutual Insurance Companies

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $500.00K 1
Arali Ventures
Arali Ventures
10 Mar 2023
Pre Seed Round $125.00K 1
Y Combinator
Y Combinator
23 Mar 2021

Pibit.AI Alternatives & Competitors

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Pibit.AI vs
Federato
Federato United States

Better decisioning built-in, not bolted on.

Series C
215 employees
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Pibit.AI vs
Convr
Convr United States

Convr AI is a modularized AI underwriting, data, and intelligent document automation workbench.

Series B
62 employees
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Compare Pibit.AI vs Convr
Pibit.AI vs
PolicyFly
PolicyFly United States

All-in-one platform for insurers to distribute, quote, communicate and bind insurance.

Seed
23 employees
API, Insurance
Also compare with: Pibit.AI vs Planck Planck View all alternatives

FAQ About Pibit.AI

The fastest path from submissions to better decisions.
Pibit.AI was founded in 2020.
Pibit.AI is headquartered in San Francisco, United States.
Pibit.AI operates in AI, Insurance and Insurtech. Its work centres on Insurtech, Commercial Underwriting, Underwriting Automation and Risk Assessment. Its customers include Carriers, Managing General Agents (MGAs) and MGA Aggregators.
Pibit.AI has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Usage Based and Service Fee.
Pibit.AI has approximately 136 employees.
Pibit.AI has completed 2 funding rounds, raising a total of $625.00K. The latest funding stage is Seed.
Pibit.AI offers: ClearCURE™, DocumentCURE™, ResearchCURE™, RiskCURE™, WorkflowCURE™.
Top alternatives and competitors to Pibit.AI include Federato, Convr, PolicyFly, Broker Insights, Planck. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Pibit.AI and Federato are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Pibit.AI, https://bouncewatch.com/company/pibitai, updated 14 March 2026. When citing, please name BounceWatch and link this page.

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