Velocity Risk Underwriters - About the company
Velocity Risk Underwriters is an acquired company based in Nashville (United States), founded in 2015. It operates as an E&S specialty property insurance underwriting, blending expertise with data and technology. Velocity Risk Underwriters has raised $131M in funding. The company has 5 active competitors, including 4 that have exited. Its top competitors include companies like ShoreOne Insurance, Flood Risk Solutions and TriCoast Insurance.
Company Details
E&S specialty property insurance underwriting, blending expertise with data and technology. The company specializes in providing solutions for the US specialty commercial property market, addressing challenges with innovation. They connect risk with capital, offering specialty property insurance for businesses at risk and aiming to reduce costs for insureds while increasing returns for investors. They utilize real-time modeling, a data-driven underwriting system, superior claims management, and catastrophe research for risk quantification. The company collaborates with brokers, agents, and capital providers to deliver underwriting services and claims management. They focus on innovative thinking, promoting transparency, collaboration, and consistent action. They offer diverse product offerings and pricing, responding to changing risks. The company is committed to building an exceptional culture, embracing a diverse network of talented individuals and promoting opportunities for growth.
- Website
- www.velocityrisk.com/
- Email ID
- *****@velocityrisk.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2015
Location
Nashville, United States
Stage
Acquired
Total Funding
$131M in 2 rounds
Latest Funding Round
Ranked
1st among 5 active competitors
Employee Count
162 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by FM (May 06, 2025)
Velocity Risk Underwriters's acquisition details
Velocity Risk Underwriters got acquired by FM on May 06, 2025.
Click here to take a look at Velocity Risk Underwriters's acquisition in detail
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Velocity Risk Underwriters's funding and investors
Velocity Risk Underwriters has raised a total funding of $131M over 2 rounds. Its first funding round was on Feb 16, 2020.
Here is the list of recent funding rounds of Velocity Risk Underwriters:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 27, 2023 | 9131085 | Series C | 2609429 | 8216792 | 8548694 | 4555019 |
Feb 16, 2020 | 2773813 | Series B | 4191384 | 4839637 | 5137723 | 6348080 |
View details of Velocity Risk Underwriters's funding rounds and investors
Velocity Risk Underwriters' founders and board of directors
Founder? Claim ProfileVelocity Risk Underwriters' employee count trend
Velocity Risk Underwriters has 162 employees as of Sep 26. Here is Velocity Risk Underwriters's employee count trend over the years:
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Velocity Risk Underwriters's Competitors and alternates
Top competitors of Velocity Risk Underwriters include ShoreOne Insurance, Flood Risk Solutions and TriCoast Insurance. Here is the list of Top 10 competitors of Velocity Risk Underwriters, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Velocity Risk Underwriters 2015, Nashville (United States), Acquired | E&S specialty property insurance underwriting, blending expertise with data and technology | $131M | - | 46/100 |
2nd | ShoreOne Insurance 2019, Sunrise (United States), Acquired | Internet first provider of homeowners and natural calamity insurance services | - | - | 39/100 |
3rd | Flood Risk Solutions 2017, St Petersburg (United States), Acquired | Internet first provider of flood insurance services | - | - | 24/100 |
4th | ![]() TriCoast Insurance 2013, Camarillo (United States), Acquired | Provider of earthquake, hurricane, and flood insurance services | - | - | 21/100 |
5th | Dryco Restoration 2014, Henderson (United States), Funding Raised | Provider of flood damage insurance services | - | - | 16/100 |
Looking for more details on Velocity Risk Underwriters's competitors? Click here to see the top ones
Velocity Risk Underwriters's Investments and acquisitions
Velocity Risk Underwriters has acquired Insight Risk. Velocity Risk Underwriters has not made any investments as of now.Reports related to Velocity Risk Underwriters
Here is the latest report on Velocity Risk Underwriters's sector:
News related to Velocity Risk Underwriters
•
Lynch Carpenter Investigates Velocity Risk Data Breach Impacting Tens of ThousandsBenzinga•Jul 29, 2025•Lynch Carpenter, Velocity Risk Underwriters
•
FM Completes Acquisition of Velocity Specialty Insurance CompanyReinsurance News•May 06, 2025•Last.fm, Velocity Risk Underwriters
•
Velocity Announces Strategic Sale of Velocity Specialty Insurance Company; Oaktree to Fully ExitGlobeNewswire•May 05, 2025•Velocity Risk Underwriters, Oaktree Capital Management
•
Ryan Specialty Completes Acquisition of Velocity Risk UnderwritersInsuranceNewsNet•Feb 04, 2025•Ryan Specialty, Velocity Risk Underwriters, Oaktree Capital Management
•
FM confirms acquisition of Velocity Specialty Insurance CompanyReinsurance News•Jan 08, 2025•FM, Velocity Risk Underwriters, FM Global
•
Ryan Specialty to expand property cat portfolio with $525m Velocity Risk acquisitionReinsurance News•Jan 07, 2025•Ryan Specialty, Velocity Risk Underwriters, FM
•
Velocity Risk and Louisiana State develop Gulf hurricane model, forecast 12 stormsArtemis•Jun 27, 2024•Velocity Risk Underwriters, Louisiana State University
•
Velocity acquires majority stake in MGA Insight Risk TechnologiesReinsurance News•Oct 02, 2023•Insight Risk, Velocity Risk Underwriters
•
Velocity Risk has filed a notice of an exempt offering of securities to raise $119,392,560.00 in New Equity Investmentintelligence360•Jul 28, 2023•Velocity Risk Underwriters
•
Velocity Risk to acquire a Nephila program insurer from State NationalArtemis•May 30, 2023•Velocity Risk Underwriters, State National Companies, ISIC
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