Tech Company Financing Transactions
Accelerant Funding Round
Eldridge Industries, Altamont Capital Partners and Deer Park Road participated in a $190 million venture round for Accelerant. This VC investment round was recorded on 1/20/2022.
Transaction Overview
Company Name
Announced On
1/20/2022
Transaction Type
Venture Equity
Amount
$190,000,000
Round
Undisclosed
Investors
Eldridge Industries (Lead Investor) (Todd Boehly)
Proceeds Purpose
Accelerant will deploy the capital to continue to rebuild the way that underwriters share and exchange risk to improve outcomes for program managers, primary issuing carriers, and ultimate risk-bearers.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
400 Northridge Dr. 800
Sandy Springs, GA 30350
USA
Sandy Springs, GA 30350
USA
Phone
Undisclosed
Website
Email Address
Overview
Accelerant was founded and is led by a team of insurance industry veterans who understand the challenges of MGAs and PAs. And especially the challenges of dealing with conventional carriers. It's why we're so fundamentally different from other carriers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeffery Radke
Chief Financial Officer
Simon Jukes
Co-Founder
Chris Lee-Smith
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