NEEDHAM, MA, Ledgebrook, an Excess and Surplus Lines Insurtech, announced today that it has completed the close of an oversubscribed $65 million Series C funding round.
The round was led by existing investor The Stephens Group, LLC, a leading private investment firm. Existing investors Duquesne, Brand Foundry, Floating Point, and American Family Ventures will also participate in the round, alongside new investors, including Hummingbird Nomads.
Ledgebrook is a tech-enabled E&S MGA looking to provide the fastest, easiest quoting experience to wholesale brokers while delivering best-in-class pricing and risk selection via their innovative next-gen tech stack. Led by insurance industry veterans, the ultimate vision for Ledgebrook is to become a globally diversified re/insurer built from the ground up with modern technology.
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