Ledger Investing’s $75 Million Series B Funding Round

Wilson Sonsini Goodrich & Rosati advised Ledger Investing on the deal.

Ledger Investing, an InsurTech start-up connecting insurance risk with capital, announced that it has raised $75 million in its Series B funding round led by WestCap, with participation from Teachers’ Venture Growth and Intact Ventures, and previous investors SignalFire, MassMutual Ventures, Allegis Capital, and Accel.

Ledger Investing’s mission is to transform the financing structure of the entire insurance industry. It has successfully expanded its insurance-linked security (ILS) brokerage and asset management businesses into the U.S. casualty market, bringing critical transparency and automation to risk transfer. The additional capital will finance the expansion of Ledger Investing’s ILS marketplace, data infrastructure service products, and asset management offerings.

The Wilson Sonsini team that advised Ledger Investing on the transaction included Bob O’Connor (Picture), Justin D’Aniello, Virginia Harris, David Wayne, Kristy Strohm, and Michelle Wallin.

Involved fees earner: Justin D’Aniello – Wilson Sonsini Goodrich & Rosati; Virginia Harris – Wilson Sonsini Goodrich & Rosati; Robert O’Connor – Wilson Sonsini Goodrich & Rosati; Michelle Wallin – Wilson Sonsini Goodrich & Rosati; David Wayne – Wilson Sonsini Goodrich & Rosati;

Law Firms: Wilson Sonsini Goodrich & Rosati;

Clients: Ledger Investing;

Martina Bellini

Author: Martina Bellini