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Ledgebrook Funding & Investors

Needham, MA

Ledgebrook is an InsurTech MGA on a mission is to bring Specialty insurance into the modern era. Burdened with legacy technology and processes, the industry has not kept pace with the speed of innovation seen in other sectors. Positioned at the cutting edge of the next generation of InsurTech, Ledgebrook offers the best of both worlds: innovative world-class technology deployed by a leadership team armed with decades of insurance expertise. Our long-term vision is to become a diversified full stack Specialty re/insurer competing with legacy carriers in product lines & markets across the globe. To get there Ledgebrook will build our premium base by rolling out a new Specialty product every ~6 months until we prove enough traction to raise a balance sheet, become a full stack carrier and eventually compete in the reinsurance markets as well. Our initial product will be domestic primary and excess GL E&S policies sourced via wholesale brokers. At Ledgebrook everything we do is driven by our culture: Care, Strive, Thrive Together. To succeed in modernizing the industry, we must first succeed in changing the way we do business. Talent density is our north star—fewer, better people working together as one. To that end we’ve replaced all individual incentives with generous equity packages—we play as a team, we win as a team. Everyone benefits handsomely from Ledgebrook’s success. Ledgebrook is a fully-remote US based company backed by top venture investors including Brand Foundry & American Family Ventures.

ledgebrook.com

Total Amount Raised: $49,800,000

Ledgebrook Funding Rounds

  • Series B

    $17,000,000

    Series B Investors

    Duquesne
    Stephens Group
    Brand Foundry Ventures
    American Family Ventures
  • Series A

    $24,000,000

    Series A Investors

    American Family Ventures
    Brand Foundry Ventures
    Floating Point
  • Seed

    $4,600,000

    Seed Investors

    Markd
    Brand Foundry Ventures
  • Seed

    $4,200,000

    Seed Investors

    Brand Foundry Ventures
    American Family Ventures
Funding info provided by Diffbot.