Coalition has secured $205 million in funding from Durable Capital Partners, T. Rowe Price Associates, Whale Rock Capital Management, and existing investors, raising its valuation to $3.5 billion. This investment supports Coalition's technology-driven approach to cyber risk and will help expand its offerings and enhance its platform. Coalition serves over 52,000 businesses in North America and reports 70% fewer claims than the industry average.

Hawk, a Germany-based fraud and money laundering prevention provider, has raised $56 million in a Series C funding round. Announced on April 8, the funding will support product innovation and expansion, particularly in the U.S. Hawk aims to improve anti-money laundering and fraud detection by moving beyond traditional rules-based systems, which often result in high volumes of false positive alerts and increased compliance costs.

Coalition, the world's first Active Insurance provider designed to prevent digital risk before it strikes, today announced a new $30 million equity in