The problem
Contractors and data-center or energy developers wait weeks for quotes and pay prices blind to their jobsite safety data
What they do
AI-native commercial insurance (casualty, builder's risk, workers' comp) for construction and energy
Traction Revenue 7x in 24 mo, 23x 2022-25 (company-stated); 630+ customers, 1,600+ policies
Hiring trend
- Open roles
- 25
- Ops roles
- 1
- Headcount
- ~75-100
Headcount ~47 (mid-2025) → ~75 (Mar 2026) → ~103 on LinkedIn (est.); 23 open roles, 5 posted Oct 19
Hiring in
- San Francisco
- New York
- Chicago
Latest news
Sep 2026
Launched admitted Workers' Comp in 36 states via expanded Core Specialty program ↗Funding
- Last round
- $42M
- Stage
- Series B
- Date
- Mar 2026
Led by Intact Private Capital
- Hiring+1.525 open roles on the live job board (10–29 roles = +1.5)
- Funding recency+1Series B · $42M, Mar 2026 (7 months ago): 6–12 months = +1
- Traction+0.75Some growth: Revenue 7x in 24 mo, 23x 2022-25 (company-stated); 630+ customers, 1,600+ policies
- Red flags0None found in the last 24 months
- Total3.251.5 + 1 + 0.75 − 0 = 3.25 → Steady (1.5–3.49)
Distance (10K) is a separate read on how long the lead can last. It doesn't change the score.
Distance
10K · edge: learns from use
Fast-growing niche MGU with a real data angle (jobsite telemetry, every submission structured), but small next to Chubb, Travelers and other construction-casualty incumbents, and it writes on carriers' paper (Intact, Core Specialty), so capacity is borrowed.
Sources: Shepherd: doubled GWP run rate H1 2026, Intact capacity deal, 630+ customers (Aug 2026) ↗ · SiliconANGLE: $42M Series B, revenue 7x off an undisclosed base (Mar 2026) ↗ · Shepherd: Behind our Series B, ~75 people across five offices (Mar 2026) ↗
Open ops roles · 1
Last checked Oct 25, 2026