Bold Penguin is a commercial insurance exchange that connects customers, agents, and carriers to match the right quote in record time.
Bold Penguin is a commercial insurance exchange that connects customers, agents, and carriers to match the right quote in record time. With a heavy focus on the agents, Bold Penguin pushes the boundaries of user experience for businesses, an easy tool for agents, and a streamlined process of underwriting for carriers.The company operates an Exchange which utilizes a set of solutions to identify, triage, quote, and bind commercial insurance in a highly efficient and tech-enabled way. It plans to deliver on the platform enhancements which include more flexibility in how the core technology is leveraged by enterprise customers, expanding in excess and surplus lines. The Company offers a streamlined process of underwriting for carriers in commercial property and casualty insurance services.Bold Penguin was founded in 2016 and is headquartered in Columbus, Ohio, USA.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jun 30, 2020 | Series B | — | 1 | — | — | Detail |
Sep 23, 2019 | Series B | $32M | 5 | — | — | Detail |
Mar 11, 2019 | Series A | $17M | 1 | MTech Capital | — | Detail |
Sep 10, 2018 | Series Unknown | — | 1 | Pivot Investment Partners | — | Detail |
Aug 31, 2017 | Seed | $1.50M | — | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
MTech Capital | Yes | Series A |
Pivot Investment Partners | Yes | Series Unknown |
American Family Ventures | — | Series B |
Guggenheim Partners | — | Series B |
Hudson Structured Capital Management | — | Series B |
Lightstone Ventures | — | Series B |
Lockton | — | Series B |
Stone Point Capital | — | Series B |
Bold Penguin has acquired 2 organizations. Their most recent acquisition was Xagent on Jan 2, 2020. They acquired Xagent for 0.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Jan 2, 2020
Xagent
|
Finance | acquisition | — | Detail |
Oct 6, 2020
RiskGenius
|
Artificial Intelligence | acquisition | — | Detail |