Upfort, a San Francisco, CA-based provider of a cyber security and insurance platform, raised $8M in Series A funding.
The round was led by SYN Ventures, with participation from Eniac Ventures, Fika Ventures, Altai Ventures, Chaos Ventures, Aquila Capital Partners, Gaingels and Cyber Mentor Fund.
The company intends to use the funds to expand operations and business reach.
Founded in 2017 and led by CEO Xing Xin, Upfort provides a proprietary cybersecurity technology that streamlines the cyber insurance purchase and underwriting process for brokers, insurers and their clients. These offerings holistically protect organizations against the leading causes of cyber claims. Its AI-powered email protection, network defense, security training, and ongoing monitoring are trained on and tuned to prevent incidents causing widespread financial damage to businesses.
Insurers, brokers, and risk advisors partner with Upfort to offer clients resilience against cyber threats.
FinSMEs
26/10/2023