Shepherd secures $42M in Series B funding led by Intact Private Capital to enhance operations and development efforts.
Amount Raised
$42 Million
Round Type
Series B
San FranciscoInsuranceInvestors
Description
Shepherd, an AI-native insurance technology platform provider based in San Francisco, raised $42M in Series B funding. This round was led by Intact Private Capital and included participation from Spark Capital and Costanoa Ventures. With this funding, Shepherd aims to expand its operations and bolster its development initiatives. The raise increases the total funding amount to $67M.
Quick answer
Shepherd raised $42 Million in a Series B round, dated March 24, 2026. Investors: Intact Private Capital, Spark Capital and Costanoa Ventures. Shepherd is based in San Francisco, California, United States.
- How much did Shepherd raise?
- Shepherd raised $42 Million in a Series B round on March 24, 2026.
- Who invested in Shepherd?
- Intact Private Capital, Spark Capital and Costanoa Ventures are named as investors in this round.
- What does Shepherd do?
- Shepherd is a provider of an insurance tech platform for commercial construction, solving pain points in commercial insurance through its risk management platform that helps contractors reduce losses and save on..
- Where is Shepherd based and how big is it?
- Shepherd is based in San Francisco, California, United States. Fundz records about 84 employees.
- Who are the decision-makers at Shepherd?
- Fundz holds 2 contacts at Shepherd, including the Head of Growth & Finance. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Insurance around the same time
Companies in the same sectors as Shepherd that raised within 45 days of this round, from Fundz verified event records.
- Lockton raised $600M (Debt Financing) on May 7, 2026.
- Corgi raised $160M (Series B) on May 6, 2026.
- OnRe raised $5M (Series A) on May 6, 2026.
- Corgi Insurance raised $160M (Series B) on May 6, 2026.
- Wopta Assicurazioni raised $5.9M (Funding Round) on May 6, 2026.
- Reserv raised $125M (Series C) on May 4, 2026.
Who to call at Shepherd, and when
A new round usually means Shepherd is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Shepherd raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Shepherd, from your own LinkedIn network
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Funding Insights
What this usually meansShepherd raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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