Lucid Insurance raises $300k

Lucid Insurance , a Nebraska-based MGA and specialty wholesale broker, raised $295,000 in equity as part of a $500,000 offering, per a recent SEC filing.

Founded in 2023, the company has a team of 9 and focuses on middle-market commercial insurance. It recently partnered with Stonetrust to provide workers’ compensation coverage for small and mid-market businesses.

Seven investors participated in the round.