What is Shepherd?
Shepherd operates within the insurtech industry, specifically targeting the commercial construction market. By leveraging technology, the company aims to streamline and enhance the insurance process for construction projects, addressing a critical need for efficient and reliable coverage in this sector. The company is headquartered in San Francisco, California.
How much funding has Shepherd raised?
Shepherd has raised a total of $6.2M across 1 funding round:
Angel/Seed
$6.2M
Angel/Seed (2021): $6.2M with participation from Spark Capital
Key Investors in Shepherd
Spark Capital
Spark Capital is a venture capital firm that invests in products by creators they admire, across all sectors and stages. They have a notable portfolio including companies like Affirm, Coinbase, and Slack, and operate out of San Francisco, Boston, and New York City.
What's next for Shepherd?
The recent major strategic investment signals a pivotal moment for Shepherd, likely enabling the company to scale its operations, expand its product offerings, and further penetrate the commercial construction insurance market. This infusion of capital is expected to fuel innovation and solidify its position as a key player in the insurtech landscape, potentially leading to broader market adoption and strategic partnerships.
See full Shepherd company page