The Hagerty Group
With a passion for excellence, we specialize in car and boat insurance, continuously improving our product to provide the best service imaginable.
With a passion for excellence, we specialize in car and boat insurance, continuously improving our product to provide the best service imaginable.
The Hagerty Group is a family-owned business that has been specializing in car and boat insurance since 1983. Their unwavering commitment to excellence is evident in their slogan: "With a passion for excellence, we specialize in car and boat insurance, continuously improving our product to provide the best service imaginable." This dedication is reflected in their continuous product improvement and their goal to provide exceptional service to their clients. Their most recent investment of $25.00MPost-IPO Debt came on 23 June 2023, showcasing a significant influx of capital to support their growth and innovation in the insurance and insurtech industries. The absence of specific details about the investors suggests either a discreet investment or an internal financing round. The lack of information about their headquarters brings up questions about their operational base. In summary, The Hagerty Group is a well-established player in the niche market of car and boat insurance, with a strong focus on continuous improvement and superior customer service. Their recent substantial investment indicates confidence in their potential for further growth and innovation within the car insurance industry.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Post-IPO Debt | $25.00M | - | 23 Jun 2023 | |
| Post-IPO Equity | $80.00M | 3 | State Farm, McKeel Hagerty +1 | 23 Jun 2023 |
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