Industry
Insurance - Agents, Carriers & Brokers companies
VCMC tracks 25,936 companies in Insurance - Agents, Carriers & Brokers. 469 of them have raised a venture or growth round, $51.35B in total, with a median round of $15M; 179 raised since 2024. 456 of the 469 have a VCMC valuation; the median is $94.3M.
25,936
companies tracked
469
venture-backed
2% of those tracked
$51.35B
raised in total
by 445 companies
$15M
median round
of 769 rounds with an amount
$94.3M
median valuation
of 456 companies valued
Values cover private companies only; public companies are not included.
By their latest round, most are at Series C or later (144 of 469).
- Pre-seed 25
- Seed 104
- Series A 120
- Series B 74
- Series C and later 144
- Stage not stated 2
The companies
Insurance - Agents, Carriers & Brokers companies
The 50 venture-backed companies below are this page's list; The Ardonagh Group has raised the most ($2.50B).
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | The Ardonagh Group London, United Kingdom | Growth Equity Jun 2025 $2.50B | $11.1B | $9.3B – $14.0B | $5.6B (-49%) | $1.2B | 97% | 401 | shrinking | A | |
| 2 | Devoted Health Eagan, United States | Series F Nov 2025 $48M | $18.0B | $11.5B – $20.8B | $18.1B (+1%) | $2.0B | 0% | 2,371 | up | A | |
| 3 | Martello Re Hamilton, Bermuda | Growth Equity Jan 2022 $1.65B | $31.2B | $3.5B – $47.5B | $30.6B (-2%) | $3.5B | 0% | 97 | up | D | |
| 4 | McLarens Norcross, United States | Growth Equity Oct 2025 $1.60B | $19.7B | $11.6B – $30.0B | $19.7B (0%) | $1.8B | 0% | 2,018 | flat | B | |
| 5 | wefox Zurich, Switzerland | Growth Equity Jul 2025 $178M | $4.0B | $3.2B – $5.2B | $2.6B (-35%) | $461M | 97% | 298 | down | A | |
| 6 | Alan Paris, France | Series G Jun 2026 $550M | $6.9B | $5.5B – $9.6B | $8.3B (+20%) | $997M | 0% | 1,609 | up | A | |
| 7 | Integrity Dallas, United States | Growth Equity Dec 2021 $1.20B | $14.1B | $1.5B – $21.4B | $13.8B (-2%) | $1.3B | 0% | – | up | D | |
| 8 | Coalition San Francisco, United States | Series F Jul 2022 $250M | $2.8B | $573M – $8.3B | $2.4B (-13%) | $845M | 47% | 706 | flat | D | |
| 9 | Kin Insurance Chicago, United States | Debt Sep 2025 $200M | $1.5B | $416M – $2.3B | $1.5B (0%) | $92.0M | 0% | 743 | up | C | |
| 10 | Judi Health Jersey City, United States | Series F Sep 2025 $400M | $4.2B | $2.7B – $4.9B | $4.2B (0%) | $465M | 0% | 56 | unknown | A | |
| 11 | Collective Health San Francisco, United States | Series F May 2021 $280M | $1.8B | $277M – $2.2B | $1.7B (-5%) | $244M | 0% | 791 | up | D | |
| 12 | Ki Insurance London, United Kingdom | Growth Equity Sep 2020 $500M | $10.2B | $2.4B – $19.9B | $10.2B (0%) | $1.3B | 0% | 837 | growing | D | |
| 13 | Hamilton, Bermuda | Acquisition Oct 2025 $7.00B | $5.5B acquired 2025 | $400M – $9.2B | – | – | 6% | 684 | flat | D | |
| 14 | Armour Group Hamilton, Bermuda | Growth Equity Jan 2018 $500M | $1.9B | $485M – $6.9B | $1.9B (0%) | $550M | 20% | 18 | growing | D | |
| 15 | Pie Insurance Draper, United States | Series D Sep 2022 $315M | $2.0B | $253M – $5.0B | $1.7B (-12%) | $425M | 24% | 376 | flat | D | |
| 16 | ManyPets London, United Kingdom | Series D Jun 2021 $350M | $1.0B | $166M – $2.6B | $941M (-9%) | $312M | 41% | 361 | flat | D | |
| 17 | SageSure Jersey City, United States | Growth Equity May 2023 $250M | $3.0B | $545M – $5.4B | $2.9B (-5%) | $328M | 0% | 984 | up | D | |
| 18 | Singapore, Singapore | Seed Oct 2022 $350M | $80.5M | $1.23M – $279M | $75.7M (-6%) | $6.18M | 8% | 81 | flat | D | |
| 19 | Sweden | Growth Equity Jun 2021 $302M | $1.7B | $230M – $5.2B | $1.6B (-9%) | $377M | 42% | 2,323 | flat | D | |
| 20 | Pembroke, Bermuda | Growth Equity Mar 2023 $270M | $2.6B | $357M – $4.2B | $2.4B (-6%) | $301M | 6% | 127 | flat | D | |
| 21 | Winnipeg, Canada | Growth Equity Oct 2021 $200M | $2.0B | $238M – $3.4B | $1.9B (-2%) | $220M | 8% | 367 | up | D | |
| 22 | Hamilton, Bermuda | Growth Equity Oct 2026 $38M | $351M | $304M – $443M | $385M (+10%) | $39.8M | 0% | 27 | growing | A | |
| 23 | Singapore | Growth Equity Nov 2023 $134M | $1.8B | $462M – $2.1B | $1.6B (-10%) | $193M | 4% | 986 | flat | C | |
| 24 | Jerry Palo Alto, United States | Series C Aug 2021 $75M | $475M | $188M – $1.1B | $438M (-8%) | $105M | 39% | 401 | growing | C | |
| 25 | Vaughan, Canada | Growth Equity Jul 2022 $100M | $522M | $96.2M – $1.6B | $462M (-12%) | $103M | 49% | 156 | flat | D | |
| 26 | Wilmington, United States | Series A Jul 2023 $100M | $1.5B | $185M – $2.2B | $1.5B (0%) | $203M | 0% | 87 | up | D | |
| 27 | St Peter Port, Guernsey | Growth Equity Jan 2013 $79M | $244M | $43.7M – $792M | $244M (0%) | $87.1M | 53% | 78 | flat | D | |
| 28 | Berlin, Germany | Series C Mar 2024 $54M | $3.09M | $0 – $3.09M | $3.09M (0%) | – | 100% | 25 | shrinking | dead | |
| 29 | Barueri, Brazil | Growth Equity Jun 2025 $17M | $157M | $80.5M – $247M | $144M (-8%) | $18.1M | 21% | 145 | flat | B | |
| 30 | Wilmington, United States | Series E May 2024 $15M | $145M | $47.9M – $327M | $104M (-28%) | $24.8M | 64% | 91 | flat | C | |
| 31 | Singapore, Singapore | Other Jan 2026 $5.0M | $428M | $142M – $651M | $371M (-13%) | $54.1M | 0% | 406 | up | C | |
| 32 | Berlin, Germany | Acquisition Sep 2022 | $83.2M acquired 2022 | $17.2M – $396M | – | – | 71% | 100 | unknown | D | |
| 33 | Moscow, Russia | Series B Jul 2021 $26M | $89.4M | $8.10M – $210M | $82.4M (-8%) | $25.4M | 23% | 194 | flat | D | |
| 34 | Glarus Nord, Switzerland | Series B Apr 2024 $20M | $566M | $36.0M – $1.7B | $541M (-5%) | $24.6M | 11% | 524 | flat | D | |
| 35 | Monte Patria, Chile | Growth Equity Jan 2024 $25M | $268M | $56.5M – $407M | $225M (-16%) | $29.4M | 0% | 690 | flat | C | |
| 36 | Wilmington, United States | Series A Dec 2022 $14M | $23.7M | $9.22M – $128M | $15.9M (-33%) | $18.4M | 97% | 13 | down | D | |
| 37 | Rostock, Germany | Series B Jul 2023 $11M | $136M | $13.7M – $255M | $125M (-8%) | $13.8M | 23% | 98 | flat | D | |
| 38 | Berlin, Germany | Series A Jun 2025 $14M | $118M | $44.7M – $185M | $110M (-6%) | $20.1M | 17% | 56 | up | C | |
| 39 | Berlin, Germany | Series A Aug 2021 $13M | $30.7M | $4.38M – $139M | $27.4M (-11%) | $18.8M | 59% | 35 | flat | D | |
| 40 | San Juan, Puerto Rico | Seed Jun 2023 $6.5M | $34.6M | $6.19M – $75.7M | $28.1M (-19%) | $14.7M | 41% | 28 | flat | D | |
| 41 | Wilmington, United States | Series A Jul 2024 $8.5M | $69.6M | $18.7M – $125M | $62.3M (-10%) | $12.1M | 21% | 25 | up | C | |
| 42 | City of Hamilton, Bermuda | Series A May 2026 $5.0M | $27.9M | $15.9M – $50.1M | $31.3M (+12%) | $7.00M | 47% | 19 | flat | B | |
| 43 | Berlin, Germany | Series A Jun 2024 $6.4M | $62.9M | $10.4M – $95.8M | $54.8M (-13%) | $9.61M | 0% | 59 | flat | D | |
| 44 | Islamabad, Pakistan | Series A May 2025 $6.0M | $53.5M | $18.7M – $81.9M | $53.1M (-1%) | $8.74M | 2% | 97 | up | C | |
| 45 | Wilmington, United States | Seed Sep 2025 $5.9M | $80.4M | $25.3M – $122M | $80.4M (0%) | $14.5M | 0% | 21 | up | C | |
| 46 | Berlin, Germany | Seed Aug 2023 $4.4M | $19.5M | $4.21M – $54.1M | $15.8M (-19%) | $10.3M | 50% | 13 | down | D | |
| 47 | Berlin, Germany | Seed Feb 2024 $4.3M | $20.1M | $5.51M – $49.2M | $13.2M (-34%) | $8.99M | 59% | 8 | unknown | D | |
| 48 | Australia | Seed Sep 2022 $2.3M | $17.5M | $1.45M – $29.5M | $17.0M (-3%) | $4.47M | 0% | 11 | up | D | |
| 49 | Berlin, Germany | Seed Jan 2021 $3.8M | $8.31M | $1.26M – $27.5M | $8.67M (+4%) | $7.51M | 97% | 14 | shrinking | D | |
| 50 | Berlin, Germany | Seed Jul 2017 $3.5M | $42.6M | $0.84M – $117M | $40.9M (-4%) | $5.04M | 0% | 163 | flat | D |
Showing 50 of 25,936. Load more lists every other company here, 50 at a time.
Valuations
How these companies are valued
456 of the 469 venture-backed companies here have a VCMC valuation; the median is $94.3M. A company acquired after its last round keeps its last value as a private company and is left out of the median. 57 companies have disclosed a valuation; for the rest VCMC's valuation is the only number. Each valuation comes with a range, from a low to a high scenario, and a prediction for a year from now. Values cover private companies only; public companies are not included. How VCMC values companies.
Investors
Who backs them
Firms that backed two or more of these companies. Anthemis backed 14, Mundi Ventures 14.
- 14 companies, led 8
- 14 companies, led 3
- 13 companies, led 5
- 12 companies, led 4
- Y Combinator 12 companies, led 1
- 10 companies, led 6
- General Catalyst 9 companies, led 4
- Munich Re Ventures 9 companies, led 3
- Founders Fund 9 companies, led 2
- 9 companies
- 9 companies
- IA Capital Group 8 companies, led 4
Recent rounds
Latest funding
63 rounds from Oct 2025 to Sep 2026, $4.35B with a disclosed amount.
- Series B, led by Insight Partners $45M 17 Sep 2026
- Growth $41M 4 Sep 2026
- Series C, led by Madrona $50M 5 Aug 2026
- Bridge amount not disclosed 24 Jul 2026
- Growth, led by Vista Equity Partners $100M 14 Jul 2026
- Series C, with BlueOrchard $5.0M 14 Jul 2026
- Seed, with Firemark Ventures and Sunna Ventures $5.0M 7 Jul 2026
- Series A, with Village Global and Grand Ventures $8.7M 2 Jul 2026
- Alan Series G, led by Prosus $550M 25 Jun 2026
- Series B, led by Bessemer Venture Partners $15M 23 Jun 2026
- Seed, led by ResilienceVC $3.0M 22 Jun 2026
- Growth, led by Zeev Ventures $40M 4 Jun 2026
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Related groups
Insurance - Agents, Carriers & Brokers by city
Insurance - Agents, Carriers & Brokers by country
Other industries
Questions
Frequently asked
How many insurance - Agents, Carriers & Brokers companies does VCMC track?
25,936. 469 of them have raised a venture or growth round.
How much have insurance - Agents, Carriers & Brokers companies raised?
$51.35B in total across the 445 with a known amount; the median round is $15M. 179 raised a round since 2024.
Which insurance - Agents, Carriers & Brokers companies have raised the most?
The Ardonagh Group ($2.50B), Devoted Health ($2.17B), Martello Re ($1.65B).
Which investors back insurance - Agents, Carriers & Brokers companies most often?
Anthemis (14 companies), Mundi Ventures (14 companies), Portage Ventures (13 companies).
What are insurance - Agents, Carriers & Brokers companies worth?
The median VCMC valuation is $94.3M across 456 companies; companies acquired after their last round are left out. Values cover private companies only; public companies are not included.
What was the latest funding round?
Luzern Risk raised a Series B round of $45M (Sep 2026), led by Insight Partners.