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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

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

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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

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Richmond National filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

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

Is Richmond National a public or private company?

Richmond National is a private company.

What is the current stock price of Richmond National?

Richmond National is a private company with no public stock price. No recent secondary market data is available.

How much is Richmond National worth (valuation)?

Valuation information for Richmond National is not publicly available.

Can I buy Richmond National stock?

Richmond National shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Richmond National's last funding round?

Richmond National's most recent funding round was Follow-on Offering on March 25, 2025.

Who are the main investors in Richmond National?

Key investors in Richmond National include Bonhill Capital.

Will Richmond National IPO soon?

No public IPO plans have been announced for Richmond National.

How can I track Richmond National secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Richmond National's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersGlen Allen, Virginia
Employee Range214
Year Founded2021
Last FundingMar 25, 2025

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