Counterpart
Summary active Updated May 4, 2026This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.
Investors
Founders
About
Counterpart is a Los Angeles-based specialty InsurTech company founded by Tanner Hackett that provides management and professional liability insurance for small and medium-sized businesses 14. Operating as a tech-enabled managing general agent, Counterpart offers Directors & Officers, Employment Practices Liability, Fiduciary, Commercial Crime, and various Professional Liability products 4. The company describes its platform as “Agentic Insurance” — combining underwriting, broker services, risk mitigation, and claims management with modern AI 123. Counterpart has processed more than 250,000 applications and written over 35,000 policies through 2,800 brokers and four A-rated carriers, and reports premium growth of nearly 175% in 2025 12.
On April 28, 2026, Counterpart announced the close of a $50 million Series C financing round led by Valor Equity Partners, with continued participation from existing investor Vy Capital 123. The round brings total capital raised to more than $106 million 12. Proceeds will support the launch of new specialty insurance products, industry-specific programs, expanded claims and risk management capabilities, and the collateralization of Counterpart Insurance Company, the company’s proprietary risk-bearing entity 12.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-04-28 | Series C | $50M | Valor Equity Partners | Vy Capital 123 |
What Investors Say
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What Founders Say
No independently sourced founder quotes found.
Sources
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Fintech Global, “Counterpart raises $50m Series C to tackle AI-era business risks,” April 29, 2026. https://fintech.global/2026/04/29/counterpart-raises-50m-series-c-to-tackle-ai-era-business-risks/↩↩↩↩↩↩↩
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Life Insurance International, “Counterpart raises $50m in Series C round,” April 30, 2026. https://www.lifeinsuranceinternational.com/news/counterpart-raises-50m-series-c-round/↩↩↩↩↩↩
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The Insurer, “MGA Counterpart raises $50 million in Series C round led by Valor,” April 29, 2026. https://www.theinsurer.com/program-manager/news/mga-counterpart-raises-50-million-in-series-c-round-led-by-valor-2026-04-29/↩↩↩
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Valor Equity Partners, “Counterpart Company Profile,” accessed May 2026. https://www.valorep.com/counterpart-company-profile↩↩