Shepherd Labs Analysis: $14M Raised
What is Shepherd Labs?
Shepherd Labs is an innovative commercial insurance platform offering fast underwriting and advanced risk management software for significant savings in high-hazard industries.
Employees
12
Founded
2020
Revenue
<$5 Million
Business Model
Subscription-based model with revenue from premium credits and technology partnerships.
Product Features & Capabilities
- General Liability, Commercial Auto, Workers’ Compensation coverage, Umbrella and follow form excess liability offerings, Builder's Risk (expansion coming in 2025 Q1)
How much Shepherd Labs raised
Series A - $13.5 million
February 7, 2024Lead Investor: Costanoa Ventures
Who are the founders of Shepherd Labs
ME
Mohamed El Mahallawy
Founder
JL
Justin Levine
Founder
Investors
- Costanoa Ventures
- Vera Ventures
- Greenlight Re Innovations
- Intact Ventures
- Spark Capital
Competitors Overview
Shepherd Labs operates in the commercial insurance market, specifically targeting high-hazard industries. Its main competitors include:
- Next Insurance: Focuses on providing tailored insurance solutions for small businesses, including commercial insurance. They offer fast quotes and instant c
Market Focus
Shepherd Labs primarily focuses on the commercial insurance market, specifically targeting high-hazard industries. They combine fast underwriting with risk management software to provide savings for their clients.
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