Archipelago

Archipelago

Data network for insurance brokers

Overview

Archipelago builds a data network for insurance brokers and their property customers. It provides data enrichment and validated risk data through a subscription-based platform, replacing traditional spreadsheets. The product lets insurers see and verify data easily, improving risk management and accelerating underwriting. By focusing on accurate, transparent data, Archipelago differentiates itself from competitors that rely on less reliable information and manual processes, and aims to make property risk management more efficient and trustworthy. The company's goal is to transform the property risk market by delivering high-quality data that leads to faster, fairer insurance decisions and better outcomes for brokers, property owners, and underwriters.

About Archipelago

Simplify's Rating
Why Archipelago is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Financial Services

Company Size

51-200

Company Stage

Series B

Total Funding

$57.1M

Headquarters

San Francisco, California

Founded

2018

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Simplify's Take

What believers are saying

  • Archipelago reported 330,000 properties and $2.3 trillion insured value on-platform.
  • The platform already reaches 1,000 brokers and underwriters across 100 insurers.
  • New CEO Alex Lyashok can accelerate adoption after broader 2024 loss-history upgrades.

What critics are saying

  • Archipelago depends on property insurance workflows, where broker adoption can stall sales cycles.
  • The 2026 CEO transition signals execution pressure after the July 17 leadership change.
  • If carriers standardize their own data portals, Archipelago becomes a replaceable middle layer.

What makes Archipelago unique

  • Archipelago digitizes commercial property risk data across brokers, owners, and insurers.
  • Its platform combines exposure, loss history, geocoding, and evidentiary documents in one workflow.
  • Hemant Shah and Alex Lyashok bring rare insurance, data science, and software leadership.

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Funding

Total Funding

$57.1M

Above

Industry Average

Funded Over

4 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Meet Average

Industry standards

$35M
$34M
Archipelago
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Company Equity

Professional Development Budget

Health Insurance

Life Insurance

Disability Insurance

Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

0%
FinSMEs
Apr 20th, 2021
Archipelago Raises $34M in Series B Funding

Archipelago, a San Francisco, CA-based AI-driven technology and data analytics company focused on commercial property risks, raised $34M in Series B funding. The round was led by Scale Venture Partners, with participation from earlier investors Canaan Partners, Ignition Partners, and Zigg Capital. Principals from Stone Point Capital, and Prologis Ventures, also participated in the round. […]

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