Every round on record, with the sources behind each and the investors on them.
An AI-native specialty insurance platform
ledgebrook.comLinkedInBostonInsurtechFounded 2022Around 300 people
6 sources
Source 4 reports “over £150m,” but the company’s release specifically states USD 200 million, which takes precedence. Fortune separately reports the post-investment valuation.
1 source
Developing: it holds up against its sources so far, and firms up as more reporting lands.
Sources agree. The dateline names Needham, MA and Little Rock, AR but does not state Ledgebrook's headquarters.
3 sources
Source 2 gives the PRNewswire date as September 13, 2024; the company's own release gives September 12, 2024, which is preferred.
1 source
The release identifies both Markd and Parker Beauchamp at Markd as leading the round; Brand Foundry Ventures participated after leading Ledgebrook's earlier Seed round.
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Series D | $200M | 2026-10-07 | Allianz X, Rockefeller Capital Management | 4 outlets. #42 in Trending |
6 sources [ VERIFIED ] read against 4 of 6 sources Source 4 reports “over £150m,” but the company’s release specifically states USD 200 million, which takes precedence. Fortune separately reports the post-investment valuation. | ||||
Ledgebrook builds AI-native underwriting technology and provides specialty insurance for mid-sized businesses with custom, hard-to-place risks through wholesale brokers.
Ledgebrook targets the slow, outdated quoting process for complex Excess and Surplus risks by using its Blackbird platform to read submissions, classify risk, and calculate a technical price while experienced underwriters make the final decision, often quoting in hours rather than weeks. The $200 million equity financing is intended to scale that technology and talent as Ledgebrook moves toward more than $1 billion in cumulative premium written, alongside a new multi-year Allianz Re reinsurance agreement.
Checked against 10 sources today
| Series C [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $65M | 2025-06-20 | The Stephens Group | No recent discussion |
1 source [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 1 source
Sources agree. The dateline names Needham, MA and Little Rock, AR but does not state Ledgebrook's headquarters. [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: ledgebrook.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 source·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
| Series B [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $17M | 2024-09-12 | Duquesne | No recent discussion |
3 sources [ VERIFIED · CORRECTED ] read against 2 of 3 sources
Source 2 gives the PRNewswire date as September 13, 2024; the company's own release gives September 12, 2024, which is preferred. [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]3 pages read: finsmes.com, ledgebrook.com, prnewswire.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 2 of 3 sources·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
| Convertible SAFE [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $4.6M $8.8M to date | 2023-04-25 | Markd, Parker Beauchamp | No recent discussion |
1 source [ VERIFIED · CORRECTED ] read against 1 source
The release identifies both Markd and Parker Beauchamp at Markd as leading the round; Brand Foundry Ventures participated after leading Ledgebrook's earlier Seed round. [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: prnewswire.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 source·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
Also named as backers in company research: Duquesne Family Office