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New Deal


Announced

Completed

A consortium of investors led a $125m Series E round in Policygenius.

Financials

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Transaction Value£95m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Insurance Brokers

insurance services

insurance agents

United States

Private

Single Bidder

Private Equity

Friendly

Minority

Cross Border

Completed

Synopsis

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A consortium of investors including Switch Ventures, KKR, Norwest Venture Partners, Revolution Ventures, Brighthouse Financial, Global Atlantic Financial Group, iA Financial Group, Lincoln Financial, AXA Venture Partners, MassMutual Ventures, and Pacific Life, led a $125m Series E round in Policygenius, an insurance distribution platform. "Over the past eight years, we've invested in the critical areas of technology, operations, and product development to deliver the best outcomes for our customers, carriers, and distribution partners. With the support of our new and existing investors, we're excited to expand our already-large reach across the trillion dollar insurance market," Jennifer Fitzgerald, Policygenius Co-Founder and CEO.

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