We advised Equal Parts on the financing round

Davis Polk advised Equal Platform Solutions, Inc. (d/b/a Equal Parts) on its $22.6 million Series A preferred stock financing. The round was led by Inspired Capital and is Equal Parts’ first “priced” equity round, with its post-money valuation being $100 million.

Equal Parts is a technology-enabled insurance platform built to help independent agencies scale faster, operate smarter and stay independent longer. Headquartered in Austin, Texas, Equal Parts partners with high-performing operators across the United States to provide capital, operational infrastructure and technology to accelerate growth.

Founded in 2019, Inspired Capital is a venture capital firm based in New York. The firm seeks to invest in early-stage companies operating in business products, industrial, education, healthcare, information technology, software-as-a-service, business-to-business, payments, artificial intelligence and technology-based sectors in the United States, Canada, the Americas and Africa.

The Davis Polk capital markets team included partner Jared Fine and associate Joshua L. Bi. All members of the Davis Polk team are based in the New York office.

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