What it sells
Modernizing commercial insurance
Business model breakdown
Buyer: who owns the budget?
Retail brokers/brokerages placing risk on behalf of contractors and project owners (Aon, McGriff cited).
Trigger: what makes them buy now?
Need fast underwriting for complex, high-hazard projects and annual programs.
Workflow: what inputs become what output?
Broker submits risk; Shepherd uses automation/AI to give indications and underwriting decisions in hours, binding primary casualty, excess casualty or builder's risk.
Economics: what it saves and how it charges
Insurance premium; Shepherd Savings gives upfront credits to builders adopting safety technology. Claims 1,500+ policies issued, 90% faster indication times.
Distribution: how it reaches customers
Through retail brokerages; Contact us.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| — | Y Combinator Winter 2021 | — | Y Combinator | ycombinator.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.