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Investors continue to back insurtech companies focused on cyber. Forgepoint Capital did this round. “‘Surefire Cyber’s goal is to work with our clients and partners to swiftly manage a cyber…
“But Jack Kudale, the founder and CEO, tells me that it’s projecting its policy holder base to grow three-fold in the next 12 months, to 35,000-40,000 customers (which would imply…
Read More “Cowbell Closes $100 Million B Round; CEO Discusses Growth Stats” »
“The cyber insurance provider leased the entire eighth floor of the 12-story Flatiron District (W. 24th) building, according to Kaufman. The landlord didn’t disclose the length of the lease, but…
Read More “ At-Bay Spending Some of Last Summer’s $185m D Round on Office Space” »
ILS= Insurance Linked Securities, which are financial instruments supporting retrocession, or reinsurance for reinsurers. Verisk surveyed ILS funds on their appetite for cyber insurance. “Thirteen ILS funds, representing nearly $60…
Read More “How Can the Cyber Insurance Market Increase Capacity? It’s Spelled I-L-S, Says Verisk” »
The start up’s website promises: “Get covered within 5 minutes.” “Baobab’s financing round was led by Project A Ventures with involvement from La Famiglia, Discovery Ventures and angel investors including…
Read More “German Cyber Insurtech Baobab Raises $4.2m “Pre-Seed” Round ” »
Growth capital provider BGF put in $4.4 million… “The company said it has achieved a 1000% growth on annual recurring revenue since June 2020 and developed partnerships with high-profile insurers…
Read More “KYND, UK Insurtech, Receives Investment from BGF” »
Just raised $4.3m seed round (see investors via link below) “Stoïk works a bit like Coalition in the U.S., except that it doesn’t partner with brokers to distribute its insurance…
“Corvus believes it has become the first US cyber insurtech to acquire a London underwriting platform, creating global underwriting capabilities and a partnership with Lloyd’s cyber insurance capacity.” Source: Tarian…
ActZero (which raised $40m in March) offers an MDR (managed detection and response) platform that “combines antivirus protection, endpoint detection and response. Measured Analytics and Insurance(‘s)…standalone cyber insurance product, CyberGuard,…
Read More “ActZero Security Adds Cyber Coverage From Measured Analytics and Insurance” »
“The funding round was co-led by General Catalyst and Corey Thomas of Rapid7, with participation from Lightspeed Venture Partners, Founders Fund, Charles River Ventures, Shield Capital and Intact Ventures.” Source:…