/Companies

Frontier Risk

Westport, US · Founded 2022 · 10 employees on LinkedIn · 2 known investors

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Frontier Risk provides product liability insurance for cannabis businesses, protecting against claims for injuries or damages caused by cannabis products. The coverage includes bodily injury claims, property damage claims, and manufacturing or design defects.

Also known as Frontier Risk

Founders & leadership

CSCourtney Stough
Courtney StoughExecutive
JWJames Whitcomb
James WhitcombExecutive

Board

MP
Matthew PerlmanBoard director

Investors · 2

Funding

SEC filings, press & company announcements

$5.2M disclosed across 2 rounds · 2023

▶$2.2MraisedMay 2023 · 5 investors · Insurance
Rule 506(b)
Officers, directors & promoters on the filing
  • Matthew PerlmanExecutive Officer, Director
  • Courtney StoughExecutive Officer
  • James WhitcombExecutive Officer, Director
Offering amount
$2.5M
Amount sold
$2.2M
First sale
May 2023
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Frontier Risk is an insurance provider focused on the cannabis industry, offering license-specific policies for cannabis and hemp operators. The company positions its offering around three engagement points: first coverage for newly licensed or newly insuring businesses, renewals, and policy reviews or audits of existing programs. Its stated capabilities include online quoting that sources terms from multiple insurance carriers, agents who specialize in explaining cannabis operations and risk profiles to underwriters, and a customer portal through which clients can manage policies, download certificates of insurance, and report claims. A dedicated support team is offered on a round-the-clock basis.

The company also handles claims advocacy on behalf of clients. Published case studies describe consolidating and streamlining policies for a multi-state THC and hemp beverage brand, securing full coverage on a fraudulent loss exceeding $200,000 while stabilizing the client's premiums, and conducting an insurance audit for a brand-only cannabis company that closed coverage gaps and added property protection at third-party locations. Frontier Risk has announced on-premise coverage for THC beverages, and publishes industry insight articles on topics such as hemp regulatory developments and dispensary licensing in states including Maryland and Virginia.

Business model

Frontier Risk acts as a specialist insurance agency/brokerage, placing cannabis-specific policies with third-party insurance carriers and supporting clients through renewals, policy reviews, and claims management, with a self-service online portal and quoting layer.

Latest developments

Frontier Risk announced on-premise coverage for THC beverages and continues to publish cannabis and hemp regulatory content, including an article on hemp industry regulatory challenges dated February 2026.

▸Full profile — market position, technology, go-to-market, geography

Market position

Frontier Risk emphasizes that its leadership and staff are former operators at cannabis companies with additional backgrounds in insurance brokerage and technology, and that it offers coverage beyond standard cannabis insurance packages, including on-premise coverage for THC beverages and risk-specific pricing developed by agents who specialize in the sector.

Technology

The company operates an online quoting tool that returns quotes from multiple insurance carriers, and a customer portal for managing policies, downloading certificates and reporting claims.

Go-to-market

Direct online lead generation through quote requests and business reviews on its website, supported by published case studies and cannabis industry insight content; the company states that 94% of businesses it quotes choose it.

Licensed cannabis operators and hemp businesses, including multi-state THC and hemp beverage brands, brand-only cannabis companies, dispensaries, and other cannabis business owners requiring license-specific coverage.

Geography

Serves multi-state cannabis and hemp businesses in the United States; published content addresses state markets including Maryland and Virginia.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Quote-to-bind rate (share of quoted businesses that choose Frontier Risk, companJan 202694%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 1

launches, deals, and filings
Jan 2026
On-premise coverage for THC beverages announced

Frontier Risk announced on-premise coverage for THC beverages.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Frontier Risk do?
Frontier Risk is an insurance brokerage and platform providing license-specific coverage for cannabis and hemp businesses.
Who are Frontier Risk's investors?
Frontier Risk's investors include Casa Verde Capital, IA Capital Group.
How much funding has Frontier Risk raised?
Frontier Risk has disclosed $5.2M raised across 2 rounds.
Where is Frontier Risk headquartered?
Frontier Risk is headquartered in Westport, US.