Hagerty

Traverse City, United States Founded: 1983 • Age: 43 yrs Listed
Automotive insurance solutions are provided to vehicle users.

About Hagerty

Hagerty is a publicly listed company based in Traverse City (United States) founded in 1983 by Kim Hagerty. Automotive insurance solutions are provided to vehicle users. It operates in the Transportation, Automotive & Logistics and Financial Services sectors. Hagerty has raised $212.5 million across 2 funding rounds from investors including State Farm, Markel Corporation and Markel. The company has 1,740 employees. Hagerty has completed 9 acquisitions, including Broad Arrow Group, California Mille and Classics & Exotics. Its chief executive, as recorded, is McKeel Hagerty. Its website hagerty.com draws about 3 million monthly visits. Hagerty offers products and services including Insurance, Valuation Tools, and Marketplace. Its focus areas include Insurance Carriers, Property & Casualty, Auto and Auto Retail & Aftersales. Its legal entity is The Hagerty Group, LLC. Its competitors include Clearcover, Zendrive and Metromile; 3 of its 3 listed competitors have raised funding.

Company details

Hagerty was established in 1983 in Traverse City, United States, within the insurance sector. Operations focus on automotive coverage, including policies for classic and specialty vehicles. Services are extended to users requiring tailored protection against risks. The company is led by CEO McKeel Hagerty, with foundational ties to Kim Hagerty. Activities remain centered in the United States, supporting enthusiast communities through domain hagerty.com.

  • Headquarters Traverse City, United States
  • Employees 1,740
  • Founders Kim Hagerty
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services
  • Website category Finance
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website hagerty.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Hagerty, Inc.
Key Metrics
  • Annual Revenue
    $1.46 B (USD)
    18.12
    as on Dec 31, 2025
  • Net Profit
    $49.02 M (USD)
    188.05
    as on Dec 31, 2025
  • Total Equity Funding
    $212.5M (USD)

    in 2 rounds

  • Latest Funding Round
    $80M (USD), Post-IPO

    Jun 2023

  • Investors
    State Farm

    & 2 more

  • Employee Count
    1,740
  • Investments & Acquisitions

Products & Services of Hagerty

Hagerty offers a comprehensive portfolio of products and services, including Insurance, Valuation Tools, and Marketplace.

Insurance
Insurance Services

Provides coverage for classic and collectible vehicles.

Valuation Tools
Online Tools

Offers guides for valuing classic cars and vehicles.

Marketplace
Ecommerce Platform

Platform for auctioning and selling classic vehicles.

Apps and channels of Hagerty

its YouTube channel The Carmudgeon Show has 3.61M subscribers and 30 videos.

The Carmudgeon Show
YouTube 3.61M subscribers 30 videos Autos & Vehicles
Open channel

Videos from Hagerty

The most watched videos on Hagerty's YouTube channel, The Carmudgeon Show (3.61M subscribers). Click a video to play it here.

The C8 Corvette ZR1 Meets Its Predecessors — and Ferraris and Lambos — The Carmudgeon Show Ep. 196
33.3K views
We Roast Each Other's Cars — The Carmudgeon Show w/ Jason Cammisa & Derek Tam-Scott — Ep 180
31K views
Driving a CLK63 Black Series MANUAL — The Carmudgeon Show w Jason Cammisa & Derek Tam-Scott — Ep 185
30.9K views
Randy Pobst, Live Special Guest! — The Carmudgeon Show w/ Jason Cammisa & Derek Tam-Scott — Ep 182
30.4K views

More on The Carmudgeon Show.

Funding Insights of Hagerty

Hagerty has successfully raised a total of $212.5M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $80 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $212.5M
  • Total Rounds 2
  • Last Round Post-IPO β€” $80M
  • First Round $212.5M

    (Aug 2019)

  • Investors Count 3

All 2 funding rounds of Hagerty with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2023$80MPost-IPO––
Aug 2019$212.5MPrivate Equity Round–Markel
–
Valuation history

3 investors in total: 3 institutional.

Investors in Hagerty

Hagerty has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include State Farm, Markel Corporation and Markel.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Insurance and financial services are provided to individuals and businesses.
1922statefarm.comBloomington, United States
Insurance and reinsurance holding services are provided to clients.
1930markel.comGlen Allen, United States
markelcorp.com
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Investor details for Hagerty

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of Hagerty

168 people are tracked at Hagerty (72 in leadership, 96 in team); the tracked headcount is 1,740.

NameRoleGroup
Kim Hagerty
FounderLeadership
McKeel Hagerty
CEOLeadership
Mark Elliott
Chief Investment OfficerLeadership
Lana Gentry
Learning And Development Business Partner CoordinatorLeadership
Jacob Bisel
VP Of Insurance ProductLeadership
Aaron McMaster
Vice President Of Enterprise Data & Customer EnablementLeadership
Charlotte Sterzik
Director Of Workforce OptimizationLeadership
Jeff Briglia
PresidentLeadership
Jay Koval
Senior Vice President - Investor Relations, External And Internal CommunicationsLeadership
Annie Czubak
Director Of Talent AcquisitionLeadership
Kate Hogan
Vice President Training And DevelopmentLeadership
Patrick McClymont
Chief Financial OfficerLeadership
Emily Wilbert
Director Of Talent ManagementLeadership
Jennifer Fors Grinwald
Director Of Talent Management/hrbpLeadership
Gretchen Overbeek
Vice President Of Human ResourcesLeadership
Tyler Hanson
Vice President, Technology Portfolio MgmtLeadership
Pete Williams
Director Of ArchitectureLeadership
Kevin Delaney
Svp, Corporate Controller And Chief Accounting OfficerLeadership
Stephanie Johnson
Director, Human Resources And Talent ManagementLeadership
Rachel Nowicki
Senior Director Of TreasuryLeadership

148 more people are available in the full profile.

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IPO & Listings of Hagerty

Hagerty is a publicly listed company on the NYSE with ticker symbol HGTY in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date04 Jun 2021
  • Listed onNYSE: HGTY
  • Listed entityHagerty, Inc.
  • Exchange sectorFinance
  • ISINUS4051661092
  • Share price$14.99 (+2.95% on the day) · 2026-10-13
  • Market capitalisation$5.15B
  • Price to earnings154.1
  • EPS (diluted, trailing year)$0.10
  • Volume (last session)572,630

Financials of Hagerty

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025$1.46B$49.0M
2024$1.23B$17.0M
2023$1.01B$20.2M
2022$829.5M$32.1M
2021$576.5M-$46.4M
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Detailed financial statements for Hagerty

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Investments & Acquisitions by Hagerty

Hagerty has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Broad Arrow Group, California Mille and Classics & Exotics.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Personal and business insurance services are provided nationwide.
New York, United States0Feb 2024$18.4M
Luxury automobiles are repaired, restored, and maintained by specialists.
thepalmbeachgarage.comWest Palm Beach, United States1998Nov 2022β€’β€’β€’β€’
Provider of car collectors services
broadarrowgroup.comDetroit, United States2021Aug 2022$64.8M
Offers custom websites and software for collector car businesses and enthusiasts.
speeddigital.comCharlotte, United States2012Apr 2022β€’β€’β€’β€’
Nominations for automotive vehicles in elegance competitions are facilitated.
concoursusa.orgTroy, United States1979Mar 2021β€’β€’β€’β€’
Provider of car rental services
californiamille.comTraverse, United States2003Oct 2020β€’β€’β€’β€’
Event management services are provided in Greenwich, United States.
greenwichconcours.comGreenwich, United States1996Sep 2019β€’β€’β€’β€’
Online motorsports registration and ticketing software is offered.
motorsportreg.comSan Rafael, United States2003Apr 2019β€’β€’β€’β€’
Peer-to-peer rentals of classic and exotic cars are enabled online.
classicsandexotics.comBoston, United States2014Aug 2017β€’β€’β€’β€’
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Complete acquisition details for Hagerty

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

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Timeline of Hagerty

13 dated milestones of Hagerty across 41 years, from founding to its latest funding, stage changes and deals.

  1. Founded Hagerty is founded.
  2. Acquisition Acquires Classics & Exotics.
  3. Acquisition Acquires MotorsportReg.
  4. Funding First funding round of $212.5M.
  5. Acquisition Acquires Greenwich Concours.
  6. Acquisition Acquires California Mille.
  7. Acquisition Acquires Concours d’Elegance of America.
  8. IPO Lists on the stock exchange (IPO).
  9. Acquisition Acquires Speed Digital.
  10. Acquisition Acquires Broad Arrow Group.
  11. Acquisition Acquires The Palm Beach Garage.
  12. Funding Latest funding round, Post-IPO, of $80.0M.
  13. Acquisition Acquires Consolidated National Insurance.

Competitors of Hagerty

Hagerty has 3 listed competitors in our database, 3 of them funded. They include Clearcover, Zendrive and Metromile.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
clearcover.com2016Chicago, United States$457.2M450
Automotive insurance is delivered via an online platform.
zendrive.com2013San Francisco, United States$53.62M30
AI-enabled platform offering driver behavior monitoring and analysis solutions
metromile.com2011San Francisco, United States$295.4M389
App that provides usage-based auto insurance platform for individuals
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Detailed competitors of Hagerty

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Web traffic of Hagerty

The website of Hagerty (hagerty.com) receives about 3M visits a month and ranks #16,507 among all websites worldwide, #1,070 in Finance.

  • Monthly visits
    3M

    ▲ 5.4% vs previous month

  • Unique visitors
    1.3M

    per month

  • Global rank
    #16,507

    among all websites

  • Category rank
    #1,070

    Finance · Finance

Similar websites

Websites whose visitors overlap most with Hagerty. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
hemmings.com
100%
#15,242View details
progressive.com
89%
32.8M#1,093View details
americancollectors.com
86%
76.7K#560,303View details
nerdwallet.com
83%
22.3M#2,677View details
classiccars.com
classiccars.com
81%
#28,602–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Hagerty

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Frequently Asked Questions about Hagerty

Hagerty was founded in 1983 and raised its 1st funding round 36 years after it was founded.

Hagerty is headquartered in Traverse City, United States. It is registered at Traverse City, Michigan, United States.

McKeel Hagerty is the CEO of Hagerty, as recorded in our data.

Hagerty is a funded company, having raised a total of $212.5M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $212.5M, raised on Aug 2019.

Hagerty has 1,740 employees.

Annual revenue of Hagerty is $1.46B as on Dec 31, 2025.

Hagerty was established in 1983 in Traverse City, United States, within the insurance sector. Operations focus on automotive coverage, including policies for classic and specialty vehicles. Services are extended to users requiring tailored protection against risks. The company is led by CEO McKeel Hagerty, with foundational ties to Kim Hagerty. Activities remain centered in the United States, supporting enthusiast communities through domain hagerty.com.

Hagerty's top competitors include Clearcover, Metromile and Zendrive.

Hagerty offers Insurance, Valuation Tools, and Marketplace.

Yes, Hagerty is publicly traded on NYSE under the ticker symbol HGTY.

Hagerty has made 9 acquisitions, including Broad Arrow Group, California Mille, and Classics & Exotics.

Hagerty has 3 investors. Key investors include State Farm, Markel Corporation, and Markel.

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