Bold Penguin is a commercial insurance digital exchange platform that connects brokers, agents, carriers, MGAs, and carrier-owned distributors through a unified flow from prospecting to placement. The platform simplifies and accelerates the small business insurance process by allowing insurance agencies, brokers and other distributors to match, quote and bind policies from multiple insurers.
Bold Penguin has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2016
Employees
200–250
Total Funding
$50.1M
2 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $50.1M across 2 rounds
Last updated 05-07-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Sep 23, 2019 | Series B Press release | $32M | — | Guggenheim Partners |
| Mar 11, 2019 | Series A | $17M | — | MTech Capital |
Peter Settel
Chief Executive Officer & President
Ilya Bodner
Founder & former CEO
Marc DeLeonibus
Co-Founder & Chief Operating Officer
Benjamin Clarke
Co-Founder & Chief Data Officer
Nicole Farley
Chief Insurance Officer
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Insureon
Digital small commercial insurance platform focused on online quotes and binding.
Next Insurance
Digital-first commercial insurance platform for small business policies.
Catch
Commercial insurance platform providing quotes and policy management.
CoverWallet
Commercial insurance marketplace and advisory platform for small business.
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