Bold Penguin acquires SquareRisk
Bold Penguin <i class="fa fa-info-circle company-popover" data-content=" Bold Penguin Founded: 2016 Headquarters: Columbus, Ohio, United States Total Funding: $50.5M See full company profile “> has acquired SquareRisk <i class="fa fa-info-circle company-popover" data-content=" SquareRisk Founded: 2022 Headquarters: Boxborough, Massachusetts, United States See full company profile “> , expanding into the E&S and specialty markets and adding…
Bold Penguin <i class="fa fa-info-circle company-popover" data-content="
Bold Penguin
| Founded: | 2016 |
|---|---|
| Headquarters: | Columbus, Ohio, United States |
| Total Funding: | $50.5M |
| See full company profile |
“>
has acquired
SquareRisk <i class="fa fa-info-circle company-popover" data-content="
SquareRisk
| Founded: | 2022 |
|---|---|
| Headquarters: | Boxborough, Massachusetts, United States |
| See full company profile |
“>
, expanding into the E&S and specialty markets and adding digital wholesale operations.
The deal strengthens Bold Penguin’s position in non-admitted markets by integrating SquareRisk’s marketplace, which allows agents to discover, quote, and bind specialty MGA products from over 45 carriers through one interface.
Founded in 2022, SquareRisk focuses on P&C wholesale distribution across industries like construction, transportation, and hospitality. It received an undisclosed investment from BrokerTech Ventures in April 2025.
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