Anthony R. O’Donnell // June 22, 2022
(Image credit: Kit Suman/Unsplash.)
Ledger Investing, a New York-based InsurTech startup, announced that it has raised $75 million in Series B funding led by WestCap (New York), with participation from Teachers’ Venture Growth (TVG, Toronto) and Intact Ventures(Toronto), and previous investors: SignalFire, MassMutual Ventures, Allegis Capital, and Accel. Ledger Investing says it 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. As part of the round, Jeff Mullen, Partner, WestCap, who