Tech Company Financing Transactions
Acrisure Funding Round
On 6/1/2022, Acrisure raised $725 million in Series B funding from Abu Dhabi Investment Authority, Guggenheim Investments and Oak Hill Advisors.
Transaction Overview
Company Name
Announced On
6/1/2022
Transaction Type
Venture Equity
Amount
$725,000,000
Round
Series B
Investors
Abu Dhabi Investment Authority (Lead Investor) (Hamad Aldhaheri)
Proceeds Purpose
The new funding will allow Acrisure to continue pursuing acquisitions, grow its tech-enabled products and services, increase marketing and brand awareness, and invest in human and technological infrastructure to support continued growth, the company said. The equity raise also immediately reduces Acrisure's debt leverage by 0.6 times.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
100 Ottawa Avenue SW
Grand Rapids, MI 49503
USA
Grand Rapids, MI 49503
USA
Phone
Website
Email Address
Overview
A global fintech leader, Acrisure provides customers with intelligence-driven financial services solutions for insurance, reinsurance, real estate services, cyber services and asset and wealth management.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Greg Williams
Chief Financial Officer
Lowell Singer
Chief Information Officer
Sulabh Srivastava
Chief Operating Officer
Sozon Vatikiotis
VP - Finance
Amanda Pilipovic
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