Ledgebrook Secures $17M Funding and Welcomes New CFO

Ledgebrook Secures $17M Funding Round

Ledgebrook, a fast-growing player in the insurtech sector, has successfully completed a remarkable $17 million Series B funding round. This significant financial boost introduces two distinguished family offices to its investor roster: Duquesne, which spearheaded the funding initiative, and The Stephens Group, alongside existing partners like Brand Foundry Ventures and American Family Ventures. This infusion of capital positions Ledgebrook to expand its existing operations and launch groundbreaking projects in the insurance landscape.

Investor Confidence and Expansion Plans

Coming closely on the heels of the $24 million Series A funding that was announced earlier, this new Series B round underscores the confidence that investors have in Ledgebrook's mission. The company aims to revolutionize the insurance experience by leveraging innovative technology combined with exceptional customer service. With this new funding, Ledgebrook is set to enhance its service offerings, providing cutting-edge solutions to its clients.

Leadership Insights from the CEO

Expressing his enthusiasm about the new partnerships, Gage Caligaris, the Founder and CEO of Ledgebrook, stated, "We are thrilled to welcome the Duquesne Family Office and The Stephens Group into the Ledgebrook family. Their long-term vision aligns perfectly with our aspirations and growth plans for Ledgebrook. This partnership is an extraordinary opportunity, and I am incredibly excited about the future ahead for our company."

Strategic Vision for the Insurance Industry

Ryan Morrow, Managing Director at The Stephens Group, highlighted the significance of this investment, remarking, "Having spent time with Gage, it's evident that he is on the brink of building the next premier insurance platform. The Excess and Surplus market has been in need of technological advancement to effectively manage challenging risks, and Ledgebrook is precisely developing solutions for that. Our support reinforces our dedication to fostering innovation within the insurance sector, and we are eager to collaborate with the Ledgebrook team as they redefine how brokers engage with E&S policies."

Appointment of a New CFO

Along with securing new investments, Ledgebrook is pleased to announce the appointment of Anthony Segal-Knowles as its new Chief Financial Officer. Anthony joins from Lazard and brings extensive expertise in financial and strategic planning from his previous roles within the British Treasury and the International Monetary Fund. His experience will be pivotal in guiding Ledgebrook through this exciting stage of growth and development.

Positioning for Future Growth

With the backing of noteworthy investors and the addition of a highly experienced CFO, Ledgebrook is poised for impressive growth. The company looks forward to achieving its ambitious goals while continuing to innovate and enhance the insurance experience for its customers.

Frequently Asked Questions

What is Ledgebrook's recent funding achievement?

Ledgebrook has successfully completed a $17 million Series B funding round.

Who are the key investors in this funding round?

The funding round includes investment from Duquesne, The Stephens Group, Brand Foundry Ventures, and American Family Ventures.

What impact will the funding have on Ledgebrook?

This funding will enable Ledgebrook to expand its operations and begin new, innovative projects to enhance the insurance experience.

Who has been appointed as CFO of Ledgebrook?

Anthony Segal-Knowles has been appointed as the Chief Financial Officer, bringing significant experience from his previous roles.

What is Ledgebrook's vision for the insurance industry?

Ledgebrook aims to redefine the insurance experience using advanced technology and a focus on exceptional customer service.

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