Luzern Risk Lands $45M Series B Backed by Insight Partners

Luzern Risk, a full-service captive manager specializing in alternative risk solutions, has raised $45M in a Series B round. The round was led by Insight Partners, with participation from Trust Ventures and existing investor Caffeinated Capital. Caffeinated Capital previously led the company's seed round in 2023 and its $12 million Series A in 2025.

Luzern describes its mission as serving clients as the premier alternative risk platform in an increasingly volatile world. The company combines deep captive expertise with a technology platform that makes captives more efficient to form, manage, and evolve, giving businesses strategic control over risk, capital, and performance.

The New York-based company's latest financing brings together a lead investor in Insight Partners, along with Trust Ventures and Caffeinated Capital. The continued presence of Caffeinated Capital, from seed through Series B, ties the round to the company's earlier backing.

The Series B follows a $12 million Series A in 2025 and a seed round in 2023, both led by Caffeinated Capital. For a company focused on alternative risk solutions, the new capital arrives as Luzern positions itself as a technology-driven platform in a volatile risk environment.