Cyber Insurance Investments and M&A

Protos Labs Raises $3 Million – Seeks to Revolutionize Cyber Insurance and Risk Management

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Protos Labs, a Singapore-based cyber risk management company, announced today that it has raised $3 million in seed funding. The company plans to use the funds to accelerate its global expansion and product development as it works to revolutionize the cyber insurance and risk management landscape. The cyber risk landscape is constantly evolving, making it … Read more

Shield Capital Closes $186 Million Inaugural Venture Capital Fund

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In a feat of fundraising, Shield Capital proudly announced the successful conclusion of its inaugural venture capital fund. The Shield Capital Fund I, L.P., is a venture capital initiative primarily targeting early-stage investments in artificial intelligence, autonomy, cybersecurity, and space. Notably, this $186 million in capital commitments exceeded its initial target by a substantial 55%, … Read more

Boost Insurance And Canopius US Insurance Holdings Partner

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Boost Insurance, the leading insurance infrastructure platform has entered into a partnership with Canopius US Insurance Holdings, Inc. The goal? Provide long-term risk capacity behind Boost-powered insurance programs. Boost is a full-stack digital MGA platform that provides compliance, capital, and technology infrastructure to product and distribution-focused insurtechs, MGAs, and embedded insurance partners. Traditionally, building and … Read more

Cowbell Announces Layoffs Amid Challenges in Cyber Security Market

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Cowbell, which offers an AI-driven cyber insurance platform for small-and-medium businesses, has been one of the most high-profile players in the emerging cyber insurance industry. The company has ramped up clients and revenue rapidly while attracting large investments. But Cowbell has now announced layoffs. “I am announcing a 12% reduction of our current workforce, which … Read more

Nord Security Raises $100M-What Could It Mean For Cyber Insurance

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Nord Security, a global leader in internet privacy and cybersecurity solutions announced that it has raised $100 million in a financing round led by Warburg Pincus. Existing investors Novator Ventures and Burda Principal Investments also participated in the round. Cyber insurance and the Nord Security investment The Nord Security investment is significant for the cyber … Read more

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