When was Fortitude Re founded?

Fortitude Re was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Fortitude Re located?

Fortitude Re is headquartered in Bermuda. It is registered at Brentwood, Tennessee.

How many employees does Fortitude Re have?

As of Jun 30, 2026, the latest employee count at Fortitude Re is 588.

Is Fortitude Re a funded company?

Fortitude Re is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Nov 14, 2018.

When was the latest funding round of Fortitude Re?

Fortitude Re's latest funding was a $***** Seed round on Nov 14, 2018, with participation from 2 investors. Its primary sector is Insurance Carriers. In Bermuda, the Insurance Carriers sector has seen $1.9B in funding in 2026 to date.

Where does Fortitude Re rank among its competitors?

Fortitude Re ranks 3rd amongst 15 active competitors, only 1 of which is funded. Prismic Life, which secured $1.9B in May, 2026.

Who are the top competitors of Fortitude Re?

Fortitude Re's top competitors include Sirius, Prismic Life and Hiscox. Among them, Prismic Life secured the most recent funding round in May, 2026.

Fortitude Re - 2026 Company Profile, Funding & Competitors

Company Details

Website: fortitude-re.com
Registered Address: Brentwood, Tennessee

Key Metrics

Founded Year

2016

Location

Bermuda

Stage

Acquired

Latest Funding Round

Seed, Nov 14, 2018, $*****

Investors

The Carlyle Group & 1 more

Ranked

3^rd among 15 active competitors

Employee Count

588 as on Jun 30, 2026

Similar Companies

RenaissanceRe & 219 more

Exit Details

Acquired by The Carlyle Group (Nov 25, 2019)

View Fortitude Re's full profile

Fortitude Re is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FORTITUDE GROUP HOLDINGS, LLC CIN: 5368532 , United States, Active	Jun 29, 2018	-	-	-
FORTITUDE RE CIN: 831064140 , United States, Active	Dec 31, 1999	-	486 (As on Dec 31, 2024)	-
FORTITUDE LIFE & ANNUITY SOLUTIONS, INC. CIN: 5419129 , United States, Active	Oct 02, 2018	-	-	-

Fortitude Re got acquired by The Carlyle Group and T&D Holdings on Nov 25, 2019 at an acquisition amount of $*****.

Click here to take a look at Fortitude Re's acquisition in detail

Fortitude Re has raised funding over 1 round. Its latest funding round was a Seed round on Nov 14, 2018 for $*****. 2 investors participated in its latest round. Fortitude Re has 2 institutional investors.

Here is the list of recent funding rounds of Fortitude Re:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 14, 2018	7635261	Seed	1808597	5485611	6536061	5600990

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View details of Fortitude Re's funding rounds and investors

Fortitude Re's employee count trend

Fortitude Re has 588 employees as of Jun 26. Here is Fortitude Re's employee count trend over the years:

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Top competitors of Fortitude Re include Sirius, Prismic Life and Hiscox. Here is the list of Top 10 competitors of Fortitude Re, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sirius 1945, Stockholm (Sweden), Public	Insurance company	$226M	Third Point Reinsurance, Centerbridge Partners ... & 3 others	56/100
2nd	Prismic Life 1966, Bermuda, Late Stage	Reinsurance platform providing risk and balance sheet management solutions to life and annuity insurers	$2.93B	Nomura, Warburg Pincus & 1 others	46/100
3rd	Fortitude Re 2016, Bermuda, Acquired	Provider of reinsurance services	-	AIG, The Carlyle Group	44/100
4th	Hiscox 1901, Bermuda, Unfunded	Reinsurance carrier	-	-	39/100
5th	Oceanview Reinsurance 2018, Bermuda, Unfunded	Provider of reinsurance services	-	-	36/100
6th	Monument Re 2017, Bermuda, Unfunded	Provider of reinsurance services	-	-	29/100
7th	Martello Re 2022, Bermuda, Unfunded	Provider of reinsurance services	-	-	25/100
8th	Harrington RE 2016, Bermuda, Series D	Provider of reinsurance services	$552M	OceanIQ Capital	25/100
9th	Legal & General Reinsurance 1836, Bermuda, Unfunded	Provider of legal & general reinsurance services	-	-	24/100
10th	Bernina Re 2017, Bermuda, Unfunded	Reinsurance firm	-	-	22/100