San Francisco, California-based insurtech Shepherd announced it raised a $13.5 million Series A funding round led by Costanoa Ventures with participation from Intact Ventures, Era Ventures, Greenlight Re and Spark Capital.
The company says it will utilize the funds to expand its underwriting and software team, accelerate product development and scale its software offerings.
Shepherd is an insurance tech platform for commercial construction.
Shepherd is also rolling out a new software service, Shepherd Compliance, designed to streamline and automate vendor compliance reviews.
Topics InsurTech Mergers & Acquisitions California Tech Construction
Was this article valuable?
Here are more articles you may enjoy.
Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI 
WTW Sues Former Yacht Team, Howden US Over Defection 
Viewpoint: The AI Boom – When Risk Stops Being Rare, Insurance Must Evolve 
NY Lawmakers Agree to Governor’s Auto Insurance Reforms in New Budget 
