$17m Series B funding secured and Anthony Segal-Knowles named as CFO at Ledgebrook

Ledgebrook, an insurtech company, is pleased to announce the successful completion of a $17 million Series B funding round.

This strategic raise brings two distinguished Family Offices onto Ledgebrook’s cap table: Duquesne (which led the round) and The Stephens Group, alongside continued support from long-time partners Brand Foundry Ventures and American Family Ventures.

The new capital will help Ledgebrook scale its current operations and pursue new, innovative initiatives.

Ryan Morrow, Managing Director at Stephens Group, said: “We have been fortunate to get to know Gage over the last year, and it’s clear he has the chance to build the next great insurance platform.

The Excess and Surplus market and its brokers are long overdue for better technology to place their most difficult risks, and Ledgebrook is building that exact platform.”

Morrow continued: “This investment not only supports Gage and the Ledgebrook team but also reinforces our commitment to fostering innovation in the insurance industry. We are excited to partner with Gage and the Ledgebrook team as they transform the way brokers place E&S policies.”

This Series B follows closely behind Ledgebrook’s $24 million Series A in March 2024, highlighting strong investor confidence in the company’s mission to transform the insurance industry through advanced technology and top-tier customer service.

“We are thrilled to welcome Duquesne Family Office & The Stephens Group into the Ledgebrook family,” added Gage Caligaris, Founder & CEO.

“Their commitment to long-term thinking aligns well with our vision for what Ledgebrook can be in the coming decades. It’s a rare opportunity to be able to bring on partners of this caliber and I couldn’t be more excited.”

Alongside this funding round, Ledgebrook is pleased to announce the appointment of Anthony Segal-Knowles as its new Chief Financial Officer.

Formerly with Lazard, Anthony brings extensive expertise in financial and strategic planning, having held senior roles at the British Treasury and the International Monetary Fund. His experience makes him a key addition to Ledgebrook’s executive team as the company enters this dynamic phase of growth.

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