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Development Insurtech Shepherd in California Raises $13.5M in Sequence A Funding

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San Francisco, California-based insurtech Shepherd introduced it raised a $13.5 million Sequence A funding spherical led by Costanoa Ventures with participation from Intact Ventures, Period Ventures, Greenlight Re and Spark Capital.

The corporate says it’s going to make the most of the funds to develop its underwriting and software program workforce, speed up product growth and scale its software program choices.

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Shepherd is an insurance coverage tech platform for industrial development.

Shepherd can be rolling out a brand new software program service, Shepherd Compliance, designed to streamline and automate vendor compliance opinions.

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Subjects
California
Mergers & Acquisitions
InsurTech
Tech
Construction
Funding

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