Shepherd

Shepherd is a technology-driven Managing General Underwriter (MGU) transforming commercial Property & Casualty insurance for high-hazard industries.

Latest funding

$42M Series B+ · March 24, 2026

Led by Spark Capital · Source: sg.finance.yahoo.com

All 4 rounds ↓

Website: shepherdinsurance.com.

X: @stochasticsloth · 255 followers.

Categories: Insurance Robotics and hardware Real estate and construction.

Sectors: one memory for research, hardware, firmware, software.

Subcategory: unified system knowledge base.

Stage: Series B+.

Based in: San Francisco, United States.

Last round: Mar 24, 2026 · 233 days ago.

Team: 60 people on the team page.

On Recent Funding since: Aug 7, 2026.

Signals

X account@stochasticsloth · created Feb 23, 2025 (21 months old) · 255 followers

Website registeredNov 18, 1997 (29 years old)

About Shepherd

Our mission is to make risk frictionless for the builders and operators shaping the physical world — protecting progress from concept through construction and into decades of operation.

TIMELINE · MONEY RAISED

Shepherd | 1897 days on the record

@stochasticsloth·Raised $42M in 1 sourced round

Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.

Funding rounds

March 24, 2026
Series B+ · $42M
SSpark Capital (lead)
Source: sg.finance.yahoo.com
February 23, 2025
X account created
February 7, 2024
Series A · amount undisclosed
Source: fundraisingfox.com
September 2, 2021
Seed · amount undisclosed
Source: fundraisingfox.com
Winter 2021
YY Combinator · batch
Source: ycombinator.com
November 18, 1997
Website created

Founders and team

JL
Justin Levine Co-Founder, CEO

LinkedIn · source: foundertrace.com
ME
Mo El Mahallawy Co-Founder & CTO

LinkedIn · source: foundertrace.com

Investors

Companies like Shepherd

GGangkhar$4.25M Seed · Mar 2026
CCorgi$40.7M Series B+ · Aug 2026
GGoodcover
RReserv$125M Series B+ · May 2026
AAKUR8$120M Series B+ · Sep 2024
BBrizaSeries B+

Other companies backed by Spark Capital

AAir Space Intelligence$325M Series B+ · Oct 2026
OOratomic$475M Series B+ · Oct 2026
CCapitolis$120M Series B+ · Oct 2026
FFurientis$25M Seed · Oct 2026
HHiringCafe$6.8M Pre Seed · Sep 2026
CCyera$400M Series B+ · Sep 2026

Spark Capital portfolio →

Sources and API

Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/shepherd (get a free API key).