PR Newswire
MIDVALE, Utah, Aug. 13, 2024
With a three-year revenue growth of 309 percent, Bamboo Insurance ranks among America's Fastest-Growing Private Companies.
MIDVALE, Utah, Aug. 13, 2024 /PRNewswire/ -- Inc. announced today Bamboo Insurance has earned the No. 1,680 spot on the Inc. 5000 2024, its esteemed list of the fastest-growing private companies in America. This prestigious ranking offers a data-driven look at the most successful independent and entrepreneurial companies that have driven rapid revenue growth while navigating inflationary pressure and the rising costs of capital.
"Being included on the Inc. 5000 for a second consecutive year is a milestone we are incredibly proud of," said John Chu, Bamboo's Founder & CEO. "This achievement is a testament to the unwavering commitment our entire team demonstrates to delivering exceptional value to our partners and clients. No matter the challenge, we've remained focused on bringing innovative solutions to dislocated insurance markets."
Earlier this year, White Mountains Insurance Group, Ltd. (NYSE: WTM) invested $297 million, including primary capital to support Bamboo's growth, acquiring a 72% stake.
About Bamboo Insurance
We're a forward-thinking insurance organization dedicated to providing a seamless and innovative insurance experience with a strong emphasis on customer advocacy. By leveraging data and technology, we streamline the insurance process and enhance transparency for both our partners and policyholders. Learn more at our website.
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Bamboo Ide8 Insurance Services (Bamboo) is Managing General Agency licensed to sell property-casualty insurance products; NPN 18657046; CA License #0M31082.
Bamboo Insurance Media Relations
Becca Powell
[email protected]
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.'s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. For more information, visit www.inc.com.
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SOURCE Bamboo Insurance
