
Work Here?
Shepherd provides insurance for high-hazard commercial risks by pairing capacity with risk-management software and a curated app marketplace. Its platform enables underwriters to make decisions in hours, not weeks, and integrates with popular tools to streamline workflows. The product lineup includes General Liability, Commercial Auto, and Workers’ Compensation, supported by major capacity and reinsurance partners. The company pursues premium savings—up to 25%—through data partnerships and AI-powered risk reduction, plus free risk-management software for proactive clients, setting it apart from traditional MGUs with faster, data-driven risk management at scale.
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Financial Services
Company Size
51-200
Company Stage
Series B
Total Funding
$61.8M
Headquarters
San Francisco, California
Founded
2020
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$61.8M
Meets
Industry Average
Funded Over
4 Rounds
Industry standards
Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
401(k) Retirement Plan
Professional Development Budget
Shepherd, an AI-native commercial insurance platform, has ranked No. 139 on the 2026 Inc. 5000 list with 2,234% three-year revenue growth. The company placed in the top 3% of America's fastest-growing private companies. Shepherd underwrites risk in commercial construction and renewable energy, serving clients building AI infrastructure, data centres, and power plants. The platform prices commercial risk up to 15 times faster than traditional carriers by integrating real-time data from construction technology systems. The company insures 10 of the top 10 US contractors and 21 of the top 25, covering over $500 billion in total project value. Shepherd has raised $67 million in total funding, including a $42 million Series B led by Intact Private Capital earlier in 2026.
Shepherd, an AI-native commercial insurance platform, has partnered with Brickeye, an IoT-enabled construction risk intelligence platform, to integrate real-time jobsite data into Builder's Risk underwriting. The partnership allows builders using Brickeye's loss-prevention technology to receive better insurance terms, premium credits or lower deductibles. Brickeye monitors construction sites across 4,500 projects in over 20 countries, preventing water damage and concrete quality issues through IoT sensors. The company has grown revenue 150% year-over-year and helped clients reduce water loss deductibles by up to 50%. Brickeye's verified protection data feeds directly into Shepherd's AI underwriting model, which has issued 1,500 policies covering over $400 billion in insured project value and grown revenue sevenfold in 24 months. The partnership initially covers US Builder's Risk for vertical construction.
/PRNewswire/ -- Shepherd, the AI-native commercial insurance platform, today announced a $42 million Series B round led by Intact Private Capital, with...
Shepherd, a startup that underwrites construction insurance using data from project management software, has raised $42 million in Series B funding, CEO Justin Levine told Axios exclusively. The company is capitalising on increased infrastructure spending linked to AI development, which is creating new demand for faster underwriting as builders rush to bring new capacity online.
Loading. Loading...SAN FRANCISCO, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Shepherd , an insurance tech platform for commercial construction, announced today it raised a $13.5 million Series A funding round led by Costanoa Ventures with participation from Intact Ventures, Era Ventures, Greenlight Re and Spark Capital. Shepherd combines insurance together with software to help contractors save on premiums. The company will utilize the funds to expand its underwriting and software team, accelerate product development and scale its software offerings."There is an urgent need for innovation in the commercial construction insurance industry," said Justin Levine, CEO of Shepherd. "Our mission at Shepherd is ambitious but simple: to create the first comprehensive platform that combines top-tier insurance offerings with world-class software to help commercial businesses manage risk and prevent losses."Shepherd combines insurance capacity with fast underwriting, risk management software and a construction software marketplace to streamline tedious processes and workflows
Find jobs on Simplify and start your career today
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Financial Services
Company Size
51-200
Company Stage
Series B
Total Funding
$61.8M
Headquarters
San Francisco, California
Founded
2020
Find jobs on Simplify and start your career today