Liberate, an AI startup specializing in automating insurance operations, has successfully raised $50 million in a funding round led by Battery Ventures, bringing its valuation to $300 million. The company aims to scale its AI deployments across the insurance sector, which is currently grappling with rising operational costs and evolving customer expectations. Founded in 2022, Liberate has developed AI systems that enhance sales, service, and claims processes for property and casualty insurers. Its voice AI assistant, Nicole, manages customer interactions, while backend AI agents automate various tasks, significantly improving efficiency. The startup has reported a 15% increase in sales and a 23% reduction in costs for its clients. With plans to expand its capabilities and client base, Liberate is positioned to play a pivotal role in the ongoing transformation of the insurance industry.