We change the way insurance work gets done

To drive more efficient, equitable outcomes, the insurance industry needs a new technology approach. That’s why we built the first serious, transformative alternative to outdated core systems.

Our story

Will Ross and William Steenbergen met at Stanford in 2020 while both were working on AI. Together, they discovered an important insurance coverage gap they knew technology could solve: a widening share of economic losses that no policy covers, concentrated among those least able to absorb them.

They saw that legacy policy administration systems couldn’t help, so they founded Federato. The company started in underwriting because it’s the foundation for driving better business outcomes. Today, Federato is the only AI-native core system for the full policy lifecycle.

Who we are

Our mission is to change the way insurance work gets done in order to drive more efficient, equitable outcomes. We understand what's at stake: faster recovery, stronger businesses and more resilient communities.

We start from first principles. Stay curious enough to solve what hasn't been solved yet. And measure ourselves by the outcomes we create, not the claims we make.

At Federato, we believe

Businesses don’t have problems, people do

We solve for the needs of the individuals who work for our customers by developing empathy for what they think, feel, say, and do.

Being human means recognizing the humanity in ourselves & others

We create a positive impact on the world beginning with taking good care of ourselves, our families, our teammates, our customers and our communities.

Starting from first principles gives us the courage to think differently

We always rely on a first principles approach to understand and solve problems. Once we build conviction in what is true, we build a solution from that foundation.

In learning and the power of yet

We believe that through curiosity and dedication to learning we can overcome challenges, build skills and create solutions that are not possible... yet.

In the importance of getting sh!t done

When it comes to proving the value we provide for our customers, we choose to show, not tell.

Meet our leadership team

Our leadership team has deep experience in SaaS and insurance across the full policy lifecycle.

Will Ross

CEO & Co-Founder

William Steenbergen

CTO & Co-Founder

Yogesh Sapre

Chief Revenue Officer

Lisa Khoury

Chief Marketing Officer

Tim Mossing

Chief Customer Officer

Will Ross

CEO & Co-Founder

Will raised $180M from leading VC to change how insurance work gets done. Before co-founding Federato, he was a key executive at IBM's Watson Group. He earned an MBA at Stanford while serving as a Graduate Research Fellow at Stanford's Data Science Institute.

William Steenbergen

CTO & Co-Founder

William builds and scales Federato's AI-native platform, leading technology, engineering, and technical strategy. Before co-founding the company, he researched reinforcement learning and dynamic optimization at Stanford's Human Computer Interaction Group and Institute for Computational Mathematics.

Yogesh Sapre

Chief Revenue Officer

Yogesh has spent his career scaling insurance technology companies. He held sales leadership roles at FRISS and Duck Creek Technologies, guiding Duck Creek through its 2020 IPO and 2023 acquisition, plus leadership positions at Oracle and Agencyport.

Lisa Khoury

Chief Marketing Officer

Lisa leads brand, product marketing, corporate communications, demand generation, design, and events. Before Federato, she held marketing leadership roles at Boost, Attentive, and Compass, and started her career in private equity at PSP Investments and investment banking at HSBC Securities.

Tim Mossing

Chief Customer Officer

Tim brings deep experience leading complex, multi-billion dollar programs with stakeholders including xAI, OpenAI, Microsoft, and NVIDIA, including infrastructure powering, sovereign AI, hyperscale computing, national security, and model-building initiatives worldwide.

Funded to transform the industry

Federato is backed by leading investors in finance and technology, most recently with Goldman Sachs leading a $100M Series D investment.

Join the team

We think there’s nothing more exciting than working at an AI-native company that’s growing fast and transforming a vital, global industry. If your idea of fun is taking a first principles approach to solving problems, and if you value learning and the ability to change our minds, we are the company for you.