Stoik calls itself the “first MGA in Europe to empower brokers by providing their (SME) clients with insurance policy and protection against cyber risks.”
“The fresh investment will support the company’s expansion across Europe as it enters its first market field, beginning with Germany. The €10 million arrives via lead investors Munich Re Ventures, and Opera Tech Ventures and existing investors Andreessen Horowitz and Alven participating,” reports TechEU in this report.
Founded in 2021, the company raised €11 million the next year and reports it has already been responsible for 2,000 cyber policies.