USD per year
Overview: Shepherd is an AI-native commercial insurance platform focused on transforming how high-hazard industries get covered. Their mission is to make risk frictionless for builders and operators shaping the physical world, protecting progress from concept through construction and into decades of operation. Challenges with traditional carriers:
- Complex commercial construction projects often wait weeks for a single quote.
- Legacy carriers rely on static applications and disconnected systems.
- Brokers must chase carriers through calls, emails, and resubmissions.
Shepherd's solution:
- AI performs underwriting workflows in seconds.
- Integrates real-time data from construction technology partners like Procore, Autodesk, OpenSpace, DroneDeploy.
- Enables seeing risk as it actually exists rather than static forms.
- Pursuing fully autonomous underwriting with minimal human intervention.
- Aims for faster decisions, smarter pricing, and better risk outcomes for insureds investing in safer practices.
- Building next-generation risk infrastructure for financial services.
Investors:
- Raised $42M Series B in March 2026, total funding over $60M.
- Led by Intact Private Capital (also a carrier partner).
- Other investors include Spark Capital, Costanoa Ventures, Y Combinator, Susa Ventures.
Team:
- Composed of technologists and insurance enthusiasts bridging both worlds.
Role focus:
- Client-centric underwriting with emphasis on efficient process leveraging technology and data.
- Requires success in marketing, producer management, new business development, negotiation skills.
- Background in risk analysis and construction/casualty underwriting preferred.
- Adaptable and creative in fast-paced startup environment.
Locations: New York City; Dallas Fort Worth; San Francisco (onsite). Compensation: $160K – $205K OTE plus benefits including stock options, unlimited PTO, full medical/vision/dental coverage.
Shepherd provides financial services and insurance solutions tailored for builders and operators shaping the physical world. They focus on smarter underwriting powered by data and technology to modernize commercial insurance with speed, intelligence, and human judgment.
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