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Richmond National

Richmond National

Private
Glen Allen, VirginiaFinTechhttps://www.richmondnational.com/

Last Round

Follow-on Offering

Mar 25, 2025

Total Funding Raised

$210M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Richmond National is a specialty property and casualty insurance company that provides excess and surplus lines insurance for small and mid-size businesses.

Sector

FinTech

Verticals

InsurTech

Business Model

B2B

Customer Profile

Services & Consulting

AI Layer

Application

Keywords

excess and surplus linesE&S insurancespecialty insurancewholesale insurancehard-to-place riskscommercial property insuranceliability insuranceinsurtechprofessional liabilityinland marinemanagement liabilitysurplus lines carriernon-standard insuranceunderwriting platform

Historical Pricing

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Caplight Momentum Score

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Richmond National Comparables

Compare Richmond National with similar companies based on industry and business-model similarity.

Richmond National comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Kinsale Capital Group, Inc.
87%
Bowhead Specialty Holdings Inc.
85%
Core Specialty Insurance Holdings, Inc.
84%

Richmond National Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Follow-on OfferingMar 25, 2025
Follow-on OfferingMay 20, 2024
Follow-on OfferingApr 3, 2023
Series AOct 15, 2021

Key People

Founding team and executive leadership

Joe Kavanagh

President And CEO

Executive Team

Douglas Carson

Chief Financial Officer

Executive Team

Richmond National Investors

Notable investors and investment history

Richmond National investors
InvestorRounds
Bonhill CapitalFollow-on Offering, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 10, 2026

    Partnered with Virginia Economic Development Partnership for recruitment incentives.

  • Mar 4, 2026

    Expanding offices in Henrico County, Virginia.

Richmond National Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Richmond National Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Richmond National's valuation, stock price, and market status.

Firmographic Details

HeadquartersGlen Allen, Virginia
Employee Range243
Year Founded2021
Last FundingMar 25, 2025

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