Funding round
Integrity Growth
Reported as "Growth Equity"
Integrity, which works in lead generation and distribution in Dallas, raised $1.20B in a Growth round announced on 9 Dec 2021, led by Silver Lake. 2 firms took part.
$1.20B
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
Integrity did not disclose a valuation in this round. It is Integrity's first venture round on record, 15 years after it was founded in 2006. No later venture round is on record for Integrity.
Integrity's funding rounds
This is the only venture round on record for Integrity.
- Growth this round 9 Dec 2021, led by Silver Lake $1.20B
Investors
Who put money in
Silver Lake led the round with 1 other firm.
Lead investor
- Silver Lake backs 44 venture-backed companies new investor
Also in the round
- GIC backs 98 venture-backed companies new investor
Joined the board: Egon Durban (Silver Lake).
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
22 Growth rounds in Insurance - Agents, Carriers & Brokers within a year either side disclosed an amount; the median was $98M, and this round was 12 times the median. The closest in time, other companies' Growth rounds in Insurance - Agents, Carriers & Brokers:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Insurance - Agents, Carriers & Brokers | 16 Dec 2021 | $25M | not disclosed | Town Hall Ventures and Leavitt Equity Partners |
| Martello Re Insurance - Agents, Carriers & Brokers | 12 Jan 2022 | $1.65B | not disclosed | not named |
| Insurance - Agents, Carriers & Brokers | 1 Oct 2021 | $200M | not disclosed | BMO Capital Markets |
| Insurance - Agents, Carriers & Brokers | 20 Oct 2021 | $100M | not disclosed | not named |
| Insurance - Agents, Carriers & Brokers | 16 Sep 2021 | $75M | not disclosed | Sequentis Financial |
| Insurance - Agents, Carriers & Brokers | 22 Sep 2021 | $51M | not disclosed | B Capital and Maverick Capital |
| Insurance - Agents, Carriers & Brokers | 10 Sep 2021 | $3.5M | not disclosed | not named |
| Insurance - Agents, Carriers & Brokers | 26 Aug 2021 | $170M | not disclosed | The Pritzker Organization and Denali Growth Partners |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Integrity raise in its Growth round?
Integrity raised $1.20B in its Growth round, announced in Dec 2021.
Who led Integrity's Growth round?
Silver Lake led it, with GIC.
What was Integrity's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Insurance - Agents, Carriers & Brokers?
22 Growth rounds in Insurance - Agents, Carriers & Brokers within a year either side disclosed an amount; the median was $98M, and this round was 12 times the median.