Federato Named to CB Insights Insurtech 50 as AI-Native Core System Disruptor

CB Insights today named Federato to its fifth annual Insurtech 50, showcasing the 50 most promising insurtech startups in the world.

“The 2026 Insurtech 50 reveals the top startups shaking up the insurance industry’s status quo,” said Chris Sekerak, Lead Analyst at CB Insights. “The common thread across the cohort is the ability to scale differentiated businesses that are unlikely to be displaced by large AI or insurance companies.”

“Being named to the CB Insights Insurtech 50 is further recognition of Federato as the first serious, transformative alternative to outdated core systems,” said Will Ross, co-founder and CEO of Federato.

The list includes 27 insurers and intermediaries, and 23 tech vendors. CB Insights’ research team selected winning companies based on its proprietary datasets, including deal activity, industry partnerships, team strength, investor strength, executive interviews, and proprietary metrics.

Federato is the only AI-native core system that spans the full policy lifecycle, changing the way insurance work gets done. Where most vendors have added AI as a layer on top of legacy core systems, Federato was built around AI from the ground up, giving carriers and MGAs a single system for underwriting, policy, billing, and claims.

Quick facts on the 2026 Insurtech 50:

• Raised $3.0B in equity funding over time, including more than $0.8B in 2026 so far (16% of YTD insurtech funding).
• Disclosed 70+ partnerships since 2025, including with industry leaders like ADP, Marsh, and Sun Life.
• Includes 31 early-stage startups, 14 of which are at the seed stage.
• Employs 5,400+ people, with a median headcount of 52 across the cohort.
• Ranks among the top 4% of private companies globally for overall health and growth potential.