Primary equity financing · Fintech
Ledgebrook raises $200 million in primary equity financing
Allianz X and Rockefeller Capital Management co-led the investment in the specialty insurance company.
The capital will support Ledgebrook’s technology and its Blackbird underwriting platform. Allianz Re separately agreed to provide capacity through a multi-year reinsurance arrangement.
Ledgebrook serves businesses with complex insurance needs through wholesale brokers. Blackbird helps process submissions, classify risks and price coverage, with experienced underwriters making final decisions.
Use of funds
Scale underwriting technology
Expand Blackbird platform
Funding history
Primary equity financing · This round$200M