Shepherd Bags $42M Series B Financing Round

Shepherd announced a $42 million Series B funding round led by Intact Private Capital.

The financing raised Shepherd's total funding to $67 million with participation from Spark Capital and Costanoa Ventures.

Shepherd is an AI-native commercial insurance platform serving construction, infrastructure, and energy projects.

The company uses proprietary AI underwriting and real-time construction data integrations to deliver its insurance services.