Bold Penguin, a commercial insurance tech provider headquartered in Columbus, Ohio, today announced that it has secured $32 million in a series B funding round, bringing its total venture capital raised to over $50 million. Growth equity firms Hudson Structured Capital Management, Lightstone, Guggenheim Insurance, and Lockton participated, along with existing investors and individuals from Stone Point Capital.
Story excerpt provided by VentureBeat.
Written by Kyle Wiggers.
Originally published September 23, 2019.