Ledger Investing Raises $75 Million In Series B Funding To Democratize Insurance Risk Capital

Ledger Investing, an InsurTech startup, today announced that it has raised $75 million in Series B funding led by WestCap, with participation from Teachers' Venture Growth and Intact Ventures, and previous investors: SignalFire, MassMutual Ventures, Allegis Capital, and Accel. Ledger Investing will use the funds to accelerate revenue growth across its insurance-linked security (ILS) brokerage and asset management businesses, launch data infrastructure service products, and hire more than 200 employees.