Insurance technology company Ledgebrook announced the completion of a $17 million Series B funding round. This funding also introduces two esteemed Family Offices to the Ledgebrook cap table: Duquesne (who led the round) and The Stephens Group, and it includes participation from long-term partners Brand Foundry Ventures & American Family Ventures. The funding will also enable Ledgebrook to accelerate the expansion of current operations & embark on new, innovative projects.
In connection with this funding round, Ledgebrook is also proud to announce the appointment of Anthony Segal-Knowles as its Chief Financial Officer. Most recently of Lazard, Anthony has decades of experience in financial and strategic planning, having held senior-level roles in the British Treasury and International Monetary Fund.
Ledgebrook’s Series B funding round shortly follows its $24 million Series A, which was announced in March 2024.
KEY QUOTES:
“We are thrilled to welcome Duquesne Family Office & The Stephens Group into the Ledgebrook family. Their commitment to long-term thinking aligns well with our vision for what Ledgebrook can be in the coming decades. It’s a rare opportunity to be able to bring on partners of this caliber and I couldn’t be more excited.”
-Gage Caligaris, Founder & CEO
“We have been fortunate to get to know Gage over the last year, and it’s clear he has the chance to build the next great insurance platform. The Excess and Surplus market and its brokers are long overdue for better technology to place their most difficult risks, and Ledgebrook is building that exact platform. This investment not only supports Gage and the Ledgebrook team but also reinforces our commitment to fostering innovation in the insurance industry. We are excited to partner with Gage and the Ledgebrook team as they transform the way brokers place E&S policies.”
-Ryan Morrow, Managing Director at Stephens Group
