Buckle Agency
Latest round
- Series B
Last raised
- Sep 2021
Total raised
- $91M
Investors
- 5
About Buckle Agency
Buckle Agency, LLC offers innovative insurance fronting solutions, specializing in connecting Managing General Agents (MGAs) with reinsurance markets.Buckle Agency, LLC was founded in 2017 and operates from Jersey City, US. The company focuses on providing fronting solutions for insurance via its wholly owned carrier, Gateway. Dustin Walsey serves as both the CEO and founder. The company has secured four deals, with the most recent occurring on September 29, 2021.Buckle specializes in providing innovative insurance fronting solutions through its wholly owned carrier, Gateway. The company’s core offerings focus on lowering the costs associated with traditional fronting, which has historically been a commodity in the insurance market. By connecting Managing General Agents (MGAs) to reinsurance markets in a cost-effective manner, Buckle aims to streamline the onboarding process while fostering long-term partnerships. This service is particularly beneficial for small to mid-sized MGAs seeking to grow in select markets across the United States.Buckle generates revenue primarily through partnerships with MGAs seeking fronting services. Through a structured partnership model, MGAs engage with Buckle to access its low-cost fronting platform, thus facilitating their connection to reinsurance markets. This business model enables Buckle to provide valuable guidance and competitive terms, enhancing MGAs' ability to operate effectively in their markets. While specific pricing details are proprietary, the company's revenue model hinges on transaction-based fees or subscription arrangements that reflect the services offered. The company plans to enhance its product offerings and expand into new markets, with specific targets aimed at increasing its footprint across the United States. Upcoming product launches are in the pipeline, aimed at further streamlining the fronting process and increasing accessibility for MGAs.
Who invested in Buckle Agency
5 investors across 2 rounds
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Questions about Buckle Agency
Who invested in Buckle Agency?
Buckle Agency has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Buckle Agency raised?
Buckle Agency has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Buckle Agency last raise money?
Buckle Agency's most recent round on record is a Series B, in Sep 2021.
What does Buckle Agency do?
Buckle Agency, LLC offers innovative insurance fronting solutions, specializing in connecting Managing General Agents (MGAs) with reinsurance markets.
Where is Buckle Agency headquartered?
Buckle Agency is headquartered in Jersey City, US.
Which VCs invest in companies like Buckle Agency?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Buckle Agency's stage. Their profiles are linked below.
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