The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 11/5/2026 featuring funding details for Kalepa and much more. This page will be updated throughout the day to reflect any new fundings.
Kalepa – $75M
Insurtech
Kalepa, an AI platform that automates underwriting, pricing, and portfolio management for insurance companies, has raised $75M in Series B funding led by Updata Partners with participation from IA Ventures and Inspired Capital Partners. Founded by Paul Monasterio and Daniel Hillman in 2018, Kalepa has now raised a total of $91M in reported equity funding.
AlleyWatch broke the news in an exclusive covering the round and much more – Kalepa Raises $75M to Put AI Agents to Work Across Underwriting, Pricing, and Portfolio Management in the Insurance Industry



