Accelerant joined the Unicorn Club on January 12, 2022. The company has raised a total of $150 million to date, including a $150 million private equity infusion on June 22, 2023, backed by investors such as Eldridge Industries and Barings. Headquartered in Atlanta, Georgia, Accelerant operates an insurance risk exchange platform connecting specialty underwriters with capital, re-platforming the insurance value chain. Founded in 2018, Accelerant reported two employees as of December 31, 2024, and focuses on enhancing underwriting capacity and efficiency.
Keep reading to explore Accelerant’s funding journey, key investors, and what’s next for this insurtech exchange.
What Is Accelerant and What Does It Do?
Founded in 2018, Accelerant offers an insurance risk exchange that connects specialty underwriters with capital partners, facilitating the more efficient placement of risk and modernizing underwriting through platform-based tools and partnerships.
How Much Funding Has Accelerant Raised?
- Private Equity (PE)
- Amount Raised: $150M
- Date: June 22, 2023
- Lead Investors: Eldridge Industries, Barings
- Motivation: To scale the exchange, increase underwriting capacity, and expand product offerings across specialty insurance classes.
Total Funding Raised: $150M
Latest Funding Date: June 22, 2023
Current Valuation: (joined unicorn club January 12, 2022 — unicorn status noted)
Key Investors
- Eldridge Industries
- Details: Investment firm focused on financial services and fintech-enabled marketplaces.
- Investment Focus Areas: Insurance platforms, risk distribution, and capital partnerships.
- Barings
- Details: Global investment management firm supporting financial services innovation.
- Investment Focus Areas: Insurance, reinsurance, and specialty finance.
Where Is Accelerant’s Headquarters?
Accelerant is headquartered in Atlanta, Georgia, United States, giving it strategic access to specialty underwriting markets and insurance capital networks.
What’s Next for Accelerant?
With $150M in funding and unicorn status, Accelerant aims to broaden its underwriting marketplace, onboard additional capital partners, and expand product verticals to modernize specialty insurance distribution.
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