AMBA found a durable business in the spaces ordinary benefits leave behind. Now the Austin company is buying the plumbing of affinity insurance - one association, call center and administration platform at a time.
Ledgebrook is a tech-enabled excess and surplus (E&S) lines managing general agent (MGA) that aims to give wholesale insurance brokers the fastest, easiest quoting experience. Founded in 2021 by former actuary Gage Caligaris, the company pairs a next-generation tech stack - which enriches and prefills broker submissions and speeds rating - with experienced human underwriters to write specialty commercial coverages such as general liability, excess liability, professional liability, allied healthcare, and architects & engineers. Having written its first policy in May 2023, Ledgebrook passed a $100M premium run rate and closed an oversubscribed $65M Series C in June 2025, bringing total funding to roughly $119M.
Harper is an AI-native commercial insurance brokerage based in San Francisco that matches small and mid-sized businesses with more than 160 insurance carriers for workers' compensation, general liability, and professional liability coverage. Founded in 2024 by second-time founders Dakotah Rice and Tushar Nair and backed by Y Combinator (W25), Harper uses internally built AI to automate submission routing, form completion, underwriter follow-ups, and document collection - work that often takes traditional brokers five to seven days and that Harper aims to do in one to two. The company has served more than 5,000 businesses across 35 states and raised $47M in combined seed and Series A funding.