Ranger lands seed fund for “agent first” offering

Ranger Insurance, a home insurance MGA launching this autumn, has raised $5.25m in seed funding.

According to a report from TechCrunch, the round was led by Lerer Hippeau, with participation from Alex Rodriguez, FirstMinute Capital, Slow Ventures, Global Founders Capital, Raven1 Ventures and Montauk Ventures.

Ranger was founded by Philip Krim, ex CEO of Casper, and its CEO Greg Garrison, an insurance veteran with 15 years of experience. The company aims to lift up the agents in the insurance industry by providing them will tools to respond more quickly to customers, generate better leads, maximise cross-sell to other products and personalise client services.

By centring agents in the process, Ranger believes this will allow them to do the selling instead of spending on marketing.

The company will launch in the autumn of 2022 with a home insurance offering and acting as an MGA.

Earlier this year, Kin Insurance, a direct-to-consumer home insurance company, raised $82m in Series D funding.

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