Bamboo Insurance Services

General Information
Business:

Note: The selling stockholders are offering all of the stock in the IPO of Bamboo Insurance Services, Inc., the prospectus said. The company will not receive any proceeds from the IPO – i.e., the sale of the selling stockholders’ shares, according to the prospectus.

(Incorporated in Delaware) 

Bamboo is committed to building for the new era of insurance, where underwriting excellence, significant growth and operational efficiency co-exist and reinforce one another. We leverage AI and technology to deliver value to our Policyholders, Capacity Providers and Distribution Partners—combining industry-leading speed, precise and data-driven underwriting, proprietary insights, deep industry expertise and diversified, growing capacity.

Who We Are

Bamboo is an AI and technology-enabled, underwriting-first and capital-light homeowners insurance MGU (managing general underwriter).

We were purpose-built for today’s rapidly changing $189 billion homeowners insurance market and are underpinned by modern, modular technology designed for speed, scalability and adaptability. As a fast-growing MGU with strong profitability and a substantial runway for continued growth, we manage all functions across the insurance value chain, including data science and advanced analytics, underwriting and claims handling, while partnering with a diversified group of highly-rated Capacity Providers.

 

Note: Net income and revenue are for the year that ended on Dec. 31, 2025. 

(Note: Bamboo Insurance Services, Inc. disclosed the terms for its IPO on Sept. 14, 2026, in an S-1/A filing: 35 million shares – all offered by the selling stockholders – at a price range of $18.00 to $20.00 – to raise $665 million, if priced at the $19.00 mid-point of its range. Background: Bamboo Insurance Services filed its S-1 for its IPO on Aug. 28, 2026, without disclosing the terms. Estimated proceeds are $100 million, a placeholder figure.) 

Industry: INSURANCE
Employees: 290
Founded: 2018
Contact Information
Address 7050 S. Union Park Center, Suite 650, Midvale, UT 84047
Phone Number (833) 922-6266
Web Address https://bambooinsurance.com/
View Prospectus: Bamboo Insurance Services
Financial Information
Market Cap $2969.7mil
Revenues $246.0 mil (last 12 months)
Net Income $46.0 mil (last 12 months)
IPO Profile
Symbol BMB
Exchange NYSE
Shares (millions): 35.0
Price range $18.00 - $20.00
Est. $ Volume $665.0 mil
Manager / Joint Managers J.P.Morgan/Morgan Stanley/Deutsche Bank Securities/Evercore ISI/Wells Fargo Securities
CO-Managers
Expected To Trade: 9/23/2026
Day: Wednesday
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change