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Federato

Federato develops an AI-native RiskOps platform for the insurance industry, giving underwriters tools for risk analysis and workflow management.

$1.22

Secondary Market Price

Updated: 
Oct 2025
Current Preferred Price
Date:
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Prospect Projected Preferred
Current FMV
Date:
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Prospect Projected FMV
~$400M
Company Valuation
Updated: 
Oct 2025
Insurance
Industry
Palo Alto, CA
Headquarters
2020
Year Founded
140+
Employee Count
$1.22

Secondary Market Price

Updated: 
Oct 2025
Current Preferred Price
Date:
Sign in to view
Prospect Projected Preferred
Current FMV
Date:
Sign in to view
Prospect Projected FMV
~$400M
Company Valuation
Updated: 
Oct 2025
Insurance
Industry
Palo Alto, CA
Headquarters
2020
Year Founded
140+
Employee Count

How Federato Measures Up

To help you manage your Federato equity, Prospect has run the company through our machine learning model.

Prospect Rating

3X

Our 3X rating for Federato indicates our projection that the company will be worth at least three times its current value in four years. For an employee with equity, this suggests the potential for a 3X return on your stock options should the company have a successful exit.

Exit Risk

High Risk

Our High Risk rating for Federato is based on the company scaling quickly, a factor that increases the risk of it not reaching a liquidity event for employees compared to other startups.

Funding Stage

Series C

Reaching the Series C funding stage means Federato has a proven product and is now focused on scaling its operations. For a potential employee, this offers a great balance of stability and the opportunity to make a significant impact during a period of major growth.

$1.22
Est val ~$400M
+$13.13 (▲50%)
Jan, 2024 - Jan, 2025

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Prospect Projected Future Federato Prices

Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Federato's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.

Powerful tools to earn more from your equity

Company Description

Federato develops an AI-powered RiskOps platform for the insurance industry. The company’s software provides underwriters with workflow tools that enable actuaries and portfolio analysts to deliver high-level risk analysis to the front lines, assisting in risk management and decision-making. Founded in 2020 by CEO Will Ross and CTO William Steenbergen, the company is headquartered in Palo Alto, California. Since its founding, Federato has grown to more than 100 employees and has completed several rounds of venture capital financing, including Series A, B, and C rounds.

 

In November 2024, Federato raised $40 million in a Series C funding round, bringing its total capital raised to approximately $80.6 million. The company also recently launched a new feature named 'Control Tower,' a governance layer designed to give underwriting teams real-time visibility and control as they adopt AI. In addition to its product developments and financing, Federato was named one of LinkedIn’s Top Startups in the US for 2025, signaling a period of significant activity and growth for the company within the insurtech space.

Federato Notable Investors

  • StepStone Group
  • Emergence Capital
  • Caffeinated Capital
  • Pear VC
  • Clocktower Ventures
  • Waybury Capital

Federato Founders

  • Co-Founder, CEO Will Ross
  • Co-Founder, CTO William Steenbergen

Peer Group Comparison

Vs Peer Group of >$4B Startups

Peer Group Comparison

Frequently Asked Questions

Is Anduril worth joining?

Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.

Is Federato worth joining?

Federato is a quickly scaling Series C startup with significant recent funding, which can be positive indicators for a prospective employee. To make an informed decision, you can use a platform like Prospect to independently analyze the company's growth potential and what your equity could be worth.

What should I do with my Federato stock?

Managing stock in a private company like Federato involves complex tax and financial planning that depends on your personal situation. Platforms such as Prospect offer tools for tax optimization, option exercise strategies, and scenario modeling to help you maximize the value of your equity.

Can you sell Federato stock?

Selling stock in a private company like Federato is generally restricted and not as simple as selling public shares. Liquidity opportunities may arise through company-approved tender offers or secondary market sales, though these are not guaranteed.

How can I find the value of my Federato stock?

The value of stock in a private company is determined by its 409A valuation, which isn't public, but you can get an idea from its latest funding round. You can use a platform like Prospect, which uses data models similar to those of venture capitalists to provide independent projections of what your equity is likely to be worth.

What is Federato's equity worth?

Federato's most recent valuation is estimated to be between $0 and $100 million, following a significant funding round. The specific worth of your equity depends on your grant details, and you can use tools like the Prospect Equity Calculator to model its potential value based on the company's trajectory.

What is Federato's stock ticker symbol?

As a private company, Federato does not have a stock ticker symbol and is not traded on public stock exchanges. Ticker symbols are assigned to companies only when they undergo an Initial Public Offering (IPO).

Can I buy or sell Federato stock?

Buying shares in a private company like Federato is typically restricted to accredited investors during specific funding rounds. Selling shares is also limited, but may be possible during company-sanctioned events like a tender offer or on a secondary marketplace.

What is the criteria to buy or invest in Federato stock?

Investing in a private startup like Federato is typically reserved for venture capital firms and accredited investors participating in formal funding rounds. There are currently no publicly available criteria or processes for the general public to buy or invest in Federato stock.

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