What is Spotted?
Founded in 2016, SpottedRisk operates as a specialty analytics and underwriting firm that bridges the gap between traditional insurance models and the volatile requirements of the modern entertainment industry. The company utilizes a proprietary, defensible analytics framework to evaluate emerging risks, providing underwriters with the precision necessary to address coverage gaps that legacy firms often overlook. Their market position is bolstered by a multidisciplinary team of data scientists and veteran underwriters, whose insights have garnered significant attention from major media outlets, including The New York Times and Variety. By focusing on time-sensitive market dislocations, SpottedRisk has established itself as a critical infrastructure provider for stakeholders managing high-stakes, event-driven exposures.
How much funding has Spotted raised?
Spotted has raised a total of $4.2M across 2 funding rounds:
Series A
$4M
Debt
$150K
Series A (2018): $4M with participation from Schooner Capital
Debt (2020): $150K led by PPP
Key Investors in Spotted
Schooner Capital
An investment firm established in 1971 that focuses on fostering long-term growth and providing strategic guidance to entrepreneurs and companies.
PPP
Public-Private Partnership
What's next for Spotted?
With the recent influx of capital, SpottedRisk is well-positioned to scale its underwriting capabilities and expand its product suite into broader specialty risk categories. The firm's strategic roadmap likely involves deepening its data integration layers to enhance predictive accuracy, thereby allowing for more aggressive expansion into global markets where event-based risk remains underserved. As the company moves beyond its initial growth phase, the focus will shift toward institutionalizing its analytics platform, ensuring that its data-driven insurance products become the industry standard for evaluating non-traditional and specialty risks in an increasingly unpredictable global landscape.
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