Poetic Raises $50M Series A at $500M to Automate Underwriting With AI Agents — Mira Murati's OpenAI Among Backers

Tech Startups·low signal

San Francisco's Poetic raised a $50M Series A on June 11 at a $500M valuation, led by Founders Fund and Kleiner Perkins, with OpenAI (Mira Murati) listed among backers. The company uses AI agents to automate insurance underwriting and lending decisions. The notable signal is a frontier-lab-affiliated investor stake in a vertical agent application rather than another foundation model.