Broker Buddha raises $5 million

Broker Buddha announced a $5 million investment round led by SiriusPoint with participation from Vertex Ventures US, and insurance professional Bob Sargent.

Founded in 2017, Broker Buddha is a technology company offering different features around the application and renewal process for commercial insurance agents. The company currently has over 100 agencies as clients.

In September 2019, Broker Buddha closed a $4.5 million Seed round.

“Having a key player in the industry like SiriusPoint invest in Broker Buddha is amazing for us. Its partnership and investment experience in insurtechs is unrivaled and provides an exceptional opportunity for us to progress and grow.” – Jason Keck, Chief Executive Officer of Broker Buddha.