Founder Shield - About the company
Founder Shield is an acquired company based in New York City (United States), founded in 2012 by Carl Niedbala. It operates as a Risk management and insurance solutions for high-growth, venture-backed companies. The company has 25 active competitors, including 3 funded and 9 that have exited. Its top competitors include companies like Jones, Thimble and Coterie.
Company Details
Risk management and insurance solutions for high-growth, venture-backed companies. They provide a full suite of insurance and risk advisory services, offering comprehensive coverage to protect management, investors, and high-growth businesses. They specialize in creating seamless, intuitive, and responsive experiences, utilizing technology to streamline the insurance process. They offer various core and specialized coverages, including cyber liability, directors & officers, employment practices liability, and intellectual property protection. They cater to emerging industries like blockchain, AI, and life sciences, providing tailored risk management guides and solutions. They act as an extension of your team, offering continuous guidance and support to ensure you purchase coverage that makes sense for your business. They provide a one-stop shop for all insurance needs, engineered to scale with your company's growth.
- Website
- foundershield.com
- Registered Address
- New York, New York
Key Metrics
Founded Year
2012
Location
New York City, United States
Stage
Acquired
Investors
Ranked
9th among 25 active competitors
Employee Count
78 as on Mar 31, 2026
Exit Details
Acquired by Millennial Specialty Insurance (Jul 23, 2021)
Legal entities associated with Founder Shield
Founder Shield is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FOUNDERSHIELD LLC CIN: 461359272 , United States, Active | Nov 06, 2012 | - | 50 (As on Dec 31, 2021) | - |
Founder Shield's acquisition details
Founder Shield got acquired by Millennial Specialty Insurance on Jul 23, 2021. It was facilitated by Oppenheimer.
Click here to take a look at Founder Shield's acquisition in detail
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Founder Shield's funding and investors
Founder Shield is a funded company. Founder Shield has 1 institutional investor.
View details of Founder Shield's funding rounds and investors
Founder Shield's founders and board of directors
Founder? Claim ProfileThe founders of Founder Shield is Carl Niedbala.
Here are the details of Founder Shield's key team members:
- Carl Niedbala: Co-Founder & COO of Founder Shield and founder of 1 other company.
View details of Founder Shield's Founder profiles and Board Members
Founder Shield's employee count trend
Founder Shield has 78 employees as of Mar 26. Here is Founder Shield's employee count trend over the years:
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Founder Shield's Competitors and alternates
Top competitors of Founder Shield include Jones, Thimble and Coterie. Here is the list of Top 10 competitors of Founder Shield, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Jones 2017, New York City (United States), Series B | Provider of AI-powered software for insurance compliance and risk management | $38.3M | 63/100 | |
2nd | Thimble 2015, New York City (United States), Acquired | Internet first liability insurer | $29M | 61/100 | |
3rd | Coterie 2018, Cincinnati (United States), Series B | Online insurance platform for small businesses | $99.2M | 59/100 | |
4th | Huckleberry 2017, San Francisco (United States), Series A | Business insurance platform | $26.1M | 49/100 | |
5th | instaCOVER 2005, Kirkland (United States), Acquired | Instant online equipment insurance solutions for businesses and financial institutions | $1.49M | 46/100 | |
6th | Y-Risk 2016, Farmington (United States), Acquired | Insuring innovative tech companies and business models with usage-based solutions | - | - | 45/100 |
7th | EmPRO 2019, Roslyn (United States), Unfunded | Professional liability insurance platform for healthcare professionals | - | - | 44/100 |
8th | AP Intego Insurance Group 2003, Waltham (United States), Acquired | Digital Insurance provider for small business | - | 38/100 | |
9th | Founder Shield 2012, New York City (United States), Acquired | Risk management and insurance solutions for high-growth, venture-backed companies | - | 36/100 | |
10th | InsuraGuest 2010, Salt Lake City (United States), Public | On-demand liability insurance for businesses | - | - | 35/100 |
Looking for more details on Founder Shield's competitors? Click here to see the top ones
Founder Shield's Investments and acquisitions
Founder Shield has made no investments or acquisitions yet.
News related to Founder Shield
•
Sourcepass and Founder Shield announce strategic alliancePR Newswire•Jan 11, 2023•Founder Shield, Sourcepass
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BRP Group, Inc. Completes Acquisitions of Founder Shield and The Capital GroupGlobeNewswire•Aug 03, 2021•Millennial Specialty Insurance, Founder Shield, AlphaRoot, ReShield and 2 others
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BRP Group subsidiary buys insurance distribution platform Founder ShieldReinsurance News•Jul 27, 2021•Millennial Specialty Insurance, Founder Shield, Capital Group
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BRP Group to buy The Capital Group and Founder ShieldLife Insurance International•Jul 26, 2021•Capital Group, Founder Shield
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BRP Group, Inc. Enters Into Agreement to Acquire The Capital GroupGlobeNewswire•Jul 23, 2021•The Baldwin Group, Capgroup Financial, MarshBerry, AlphaRoot and 6 others
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