Acrisure

Acrisure is a Fintech leader that operates the world’s fastest-growing, top-10 insurance brokerage.

Acrisure provides customers with intelligence-driven financial services solutions for insurance and reinsurance, real estate services, cyber services and asset and wealth management.

Acrisure was founded in 2005 by Greg Williams. The company is headquartered in headquartered in Grand Rapids, Michigan.

 

Acrisure augments human intelligence with AI-powered technology. The company's intelligence-driven approach enhances client outcomes and speeds decision-making in areas such as insurance, reinsurance, real estate services, cyber services and asset and wealth management.

 

Acrisure is co-founded Evolution Advisors, a joint venture focused on providing greater access and more effectively distributing insurance products and financial services to minority-owned enterprises.

 

Acrisure has made a number of acquisitions in the first half of 2022. It acquired Summa Insurance Brokerage in March, while announcing its plans to acquire Volante Global a few weeks later. It also announced a partnership with Coalition in May to unveil its Cyber Risk Assessment product.

 

Acrisure is backed by BDT Capital Partners, Abu Dhabi Investment Authority (ADIA), Guggenheim Investments, Oak Hill Advisors, Greenhill Capital Partners, Blackstone, and others. The company closed $725M in Series B-2 preferred equity on May 31, 2022. This brings Acrisure's total funding to $4.2B to date. The latest round valued the company at a $23B post-money, representing a 31% increase from its last preferred equity raise in March 2021.

 

 

  • Year founded: 2005
  • Funding Info: $4.2B over 5 Rounds (Latest Funding Type: Series B-2)
  • Yearly Revenue: $3.5B (2022)
  • Employee Size: 10,001+
  • Business Valuation: Valued at $23B as of May 31, 2022
  • City/Town: Grand Rapids
  • State: Michigan
  • Country: United States
Related businesses