# Counterpart

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/counterpart

- Industry: Insurance
- Headquarters: Covina, US
- Website: www.yourcounterpart.com
- Total disclosed funding: $80M
- Latest round: Series C (Apr 28, 2026)
- Investors on record: 4

## About

Based in the US, Counterpart, Inc. operates as a provider of comprehensive management and professional liability insurance solutions tailored for small businesses and not-for-profit organizations.Counterpart, Inc. specializes in management and professional liability insurance solutions. Founded in 2019 in Walnut Creek, US, the company has completed three deals, with the latest being a Series B funding round in December 2021, raising USD 20.00 mn led by Vy Capital. Tanner Hackett serves as the CEO.Counterpart specializes in providing comprehensive management and professional liability insurance solutions through its core offerings, which include Private Directors & Officers, Not-For-Profit Directors & Officers, Employment Practices, Fiduciary, Commercial Crime, and Professional & General Liability coverage. These products address various risk exposures faced by small businesses and not-for-profit organizations, facilitating their growth while safeguarding their assets. Counterpart leverages its proprietary technology, particularly the Agentic Insurance™ framework, to deliver adaptive risk solutions that enhance the insurance experience for brokers and clients alike. The company's products are primarily marketed to small business owners and insurance brokers across the United States, ensuring coverage is tailored to the unique needs of different sectors and organizational structures.Counterpart generates revenue through the sale of its specialized insurance products, structured primarily through B2B transactions with insurance brokers and direct clients. Clients purchase policies that provide coverage against specific risks, with the firm’s Agentic Underwriting™ process enabling faster issuance and competitive terms. The company’s flagship offerings, such as Agentic Risk Mitigation™ and Agentic Claims Management™, are instrumental in enhancing client satisfaction and retention. The pricing structure for these products is determined based on a combination of factors, including coverage limits and the specific needs of the insured entities. This direct engagement with brokers and businesses allows Counterpart to establish strong relationships, facilitating a seamless transaction experience in the management and professional liability insurance market.In December 2021, Counterpart, Inc. raised USD 20.00 mn in Series B funding, led by Vy Capital with participation from Felicis Ventures and Valor Equity Partners. The company plans to utilize this funding to expand its footprint in the private company management liability insurance market, grow its team, and launch new products. Specific upcoming products and timelines have not been disclosed, but the focus remains on enhancing their service offerings and entering new markets. In April 2026, Counterpart, Inc. raised USD 50 million in series C funding led by returning investor Valor Equity Partners, with participation from another returning investor Vy Capital. Other unspecified investors also participated in the round. The company will use the April 2026 funding to support its growth and expansion of its AI Insurance Coverage.

## Funding rounds

- Series C, Apr 28, 2026, $50M — Valor Equity Partners, Vy Capital
- Series B, Dec 28, 2021, $20M — Valor Equity Partners, Felicis Ventures, Vy Capital
- Series A, Mar 23, 2021, $10M — Valor Equity Partners, Felicis Ventures, Susa Ventures
- Seed, Jan 1, 2021 — Felicis Ventures, Susa Ventures

## Investors

- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Seed, Series A, Series B
- Susa Ventures (https://capitalatlas.ai/funds/susa-ventures) — Seed, Series A
- Valor Equity Partners (https://capitalatlas.ai/funds/valor-equity-partners) — Series A, Series B, Series C
- Vy Capital (https://capitalatlas.ai/funds/vy-capital) — Series B, Series C