Bregal Sagemount and FTV Capital completed an investment in Neptune Flood.

Private equity firms Bregal Sagemount and FTV Capital completed an investment in Neptune Flood, a digital insurtech platform and private flood insurance provider. Financial terms were not disclosed. "We are thrilled to be partnering with Sagemount and FTV as we continue to build our business and achieve our mission of making flood insurance more accessible, helping customers better protect their homes and businesses from the devastating effects of flooding. Both Sagemount and FTV have established track records of insurtech growth investments and expertise in scaling technology-enabled businesses, something that set them apart from other investors we saw in the market and made them the ideal partners for our next phase of growth," Trevor Burgess, Neptune President & CEO.