The round was led by Scale Venture Partners, with strong follow-ons from earlier investors: Canaan Partners, Ignition Partners, and Zigg Capital. Principals from Stone Point Capital, along with Prologis Ventures, also participated in the round.

Archipelago is an AI-driven technology and data analytics company that is re-envisioning how commercial property risks are understood and managed by their owners and operators, and how brokers and insurers efficiently connect to these risks to deliver innovative services and coverage solutions to their customers. Learn more at OnArchipelago.com.