Cowbell, a Pleasanton, CA-based provider of cyber insurance for small and medium-sized enterprises (SMEs), raised $60M in Series C funding.
The round was led by Zurich Insurance Group.
The company intends to use the funds to scale operations, extend its presence in key international markets, bolster cyber resilience services, introduce new products to the market, and further strengthen strategic partnerships.
Led by CEO and Founder Jack Kudale, Cowbell is a provider of Adaptive Cyber Insurance, leading the way in offering small and medium-sized enterprises (SMEs) with coverage adaptable to today’s and tomorrow’s threats and the advanced warning of cyber risk exposures. With its AI-based approach in risk selection and pricing, Cowbell’s continuous underwriting platform, empowered by Cowbell Factors, compresses the insurance process from submission to issue in less than 5 minutes.
The company raised $202M to-date and has offices in Canada, India, and the U.K.
FinSMEs
26/07/2024