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
Board
Investors · 2
Funding
SEC filings, press & company announcements$5.2M disclosed across 2 rounds · 2023
- $3MraisedAug 2023 · 2 sourcesSource ↗
▶$2.2MraisedMay 2023 · 5 investors · InsuranceRule 506(b)
- 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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Frontier 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 reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 1
launches, deals, and filingsFrontier Risk announced on-premise coverage for THC beverages.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 1
primary sources listed
- Frontier Riskfrontierrisk.com · web
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.




