About
Pibit.AI builds CURE (Centralized Underwriting Risk Environment), an agentic AI platform for commercial underwriting. Raised $7M Series A (Nov 2025) led by Stellaris, Y Combinator, Arali. Customers include HDVI, Shepherd Insurance, Method Insurance reporting 85% faster underwriting cycles and 32% higher GWP per underwriter. Founded 2020 in SF by Akash Agarwal and Karan Bedi. Platform handles submissions, document parsing, risk analysis, and workflow orchestration.
Key Facts
- [1]Funding: Total funding: $8M. Last round: Nov 2025. Stage: Seed.
- [2]Employees: Employee count: 11-50.
- [3]Website: Official website: pibit.ai.
- [4]AI Technology: Core AI/ML technologies: Computer Vision.
- [5]Region: Region: Americas (United States).
Founder
Siva Narayanan
Founder & CEO
AI Technology
Computer Vision
Image and video processing, OCR, and document extraction
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Pibit.ai?
Pibit.AI builds CURE (Centralized Underwriting Risk Environment), an agentic AI platform for commercial underwriting. Raised $7M Series A (Nov 2025) led by Stellaris, Y Combinator, Arali. Customers include HDVI, Shepherd Insurance, Method Insurance reporting 85% faster underwriting cycles and 32% higher GWP per underwriter. Founded 2020 in SF by Akash Agarwal and Karan Bedi. Platform handles submissions, document parsing, risk analysis, and workflow orchestration. Pibit.ai is classified in the Insurance segment at the Automation layer of the financial AI stack.
Who founded Pibit.ai?
Pibit.ai was founded by Siva Narayanan (Founder & CEO).
How much funding has Pibit.ai raised?
Pibit.ai has raised $8M in total funding, placing the company at the Seed stage. The most recent round closed in Nov 2025. Among 45 funded Insurance companies, Pibit.ai ranks #44 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Pibit.ai use?
Pibit.ai primarily leverages Computer Vision technology. Image and video processing, OCR, and document extraction. Within the Insurance segment, 7 companies use this technology.
What market segment does Pibit.ai operate in?
Pibit.ai operates in the Insurance market segment. AI insurance companies are modernizing one of the oldest financial sectors, applying machine learning to underwriting, claims processing, actuarial modeling, and risk assessment across property, casualty, health, and life insurance lines.
Where is Pibit.ai headquartered?
Pibit.ai is headquartered in San Francisco, United States. The company operates in the Americas region. The team consists of 11-50 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Pibit.ai's competitors?
Companies similar to Pibit.ai in the Insurance space include Greenlite ($20M raised), Trumid ($722M raised), Lemonade ($480M raised), Shift Technology ($320M raised), Akur8 ($160M raised). These companies operate in related areas of financial AI: Greenlite focuses on ai agents that accelerate aml reviews. Trumid focuses on ai-powered fixed income trading platform. Lemonade focuses on ai-native insurance company. (Based on AIFI Map classification data.)
What products does Pibit.ai offer?
Pibit.ai builds automation-layer solutions for the financial services industry. The company's core offering: Agentic underwriting platform for carriers. The platform is powered by Computer Vision technology.