Ledgebrook, a Boston, MA-based InsurTech company, raised $17M in Series B funding.
The round was led by Duquesne and The Stephens Group with participation from Brand Foundry Ventures and American Family Ventures.
The company intends to use the funds to accelerate expansion of current operations and embark on new projects.
Led by Gage Caligaris, Founder and CEO, Ledgebrook is an InsurTech MGA that delivers a fast and easy quoting experience for wholesale brokers. Its offering consists of the following products:
- General Liability: Protection and legal support in case of accidents or incidents occurring on business premises or as a direct result of routine business operations.
- Professional Liability: Protection for professionals and businesses against financial losses arising from errors in their professional services in the event of mistakes, omissions, or inadequate services.
- Excess Casualty (coming soon): Protection once a specified threshold of losses is exceeded, offering additional coverage beyond what would typically be covered by primary policies.
In conjunction with this funding round, Ledgebrook also announced the appointment of Anthony Segal-Knowles as its CFO.
FinSMEs
16/09/2024