What is The Dougherty?
Founded in 1933 and headquartered in Long Beach, The Dougherty operates as a regional insurance broker licensed in 29 states. The company offers a comprehensive suite of insurance products, encompassing Commercial Liability, Property, Workers’ Compensation, Marine, Professional Liability, and Group Medical Insurance. Furthermore, it extends its services to personal insurance lines, including homeowners and automobile coverage. The Dougherty distinguishes itself through competitive pricing and a strong emphasis on customer service, serving a diverse clientele both domestically and internationally.
How much funding has The Dougherty raised?
The Dougherty has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in The Dougherty
PPP
Public-Private Partnership
What's next for The Dougherty?
With the recent strategic investment and the overall context of large-scale late-stage financing, The Dougherty is poised for significant advancement. This capital infusion is likely to support strategic initiatives aimed at expanding its market penetration, enhancing its product offerings, and potentially exploring new geographic territories. The company's established track record and broad service portfolio provide a solid foundation for leveraging this new financing to solidify its competitive position and drive sustained growth in the insurance brokerage sector.
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