Omaha's Lucid Insurance pulls in $1M of a planned $3M raise
What's the deal? Lucid InsuranceDealroom has a profile for this one. Try Dealroom → has raised $1 million in early-stage equity from three investors, according to an SEC Form D signed October 7. The Omaha-based company is targeting $3 million in total, leaving $2 million still to close.
What does it do? Organized in Nebraska in 2023, Lucid Insurance Group is a managing general agent (MGA) and specialty wholesale broker focused on middle-market commercial insurance, primarily property.
Who's behind it? Julie Richt signed the filing as manager and is listed as an executive officer. The company reported its first sale on October 2.
By the numbers: At $1 million, the round sits in the bottom tenth of funding deals by size — a modest, early-stage check rather than a headline raise.
The signal: Small specialty insurance players like Lucid are tapping private equity to build out MGA and wholesale brokerage operations, a corner of the market that continues to draw investor interest in middle-market property risk.
Read more: sec.gov
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