What is Slide?
Founded in 2021 by insurance veterans Bruce and Shannon Lucas, Slide is revolutionizing the property insurance sector through advanced technology. The company leverages deep underwriting expertise and innovative technological applications to achieve superior outcomes. Launching operations in February 2022, Slide has quickly established itself as a major player, particularly within the coastal insurance market, demonstrating a robust growth trajectory and a commitment to redefining industry standards.
How much funding has Slide raised?
Slide has raised a total of $718M across 4 funding rounds:
Series A
$100M
Debt
$35M
Debt
$175M
IPO
$408M
Series A (2021): $100M with participation from Gries Investment Funds and Tampa Bay Ventures
Debt (2023): $35M led by Regions Bank
Debt (2024): $175M supported by Regions
IPO (2025): $408M, investors not publicly disclosed
Key Investors in Slide
Gries Investment Funds
Gries Investment Funds is an investment firm specializing in mezzanine loans and equity capital, focusing on building strong partnerships with experienced business owners and investors across various sectors.
Regions Bank
Regions Bank is a financial institution providing a comprehensive range of banking services, including commercial lending and deposit products, to individuals and businesses.
Regions
Regions Financial Corporation offers diverse financial services, including corporate banking, consumer banking, and wealth management, serving a broad spectrum of clients.
What's next for Slide?
The recent major strategic investment and the overall enterprise-level funding indicate a strong confidence in Slide's business model and future potential. This capital infusion is expected to fuel further expansion, enhance technological capabilities, and solidify its market position. As Slide continues to scale, its focus will likely remain on optimizing underwriting processes and expanding its service offerings, positioning it for sustained growth and innovation in the competitive insurance landscape.
See full Slide company page
