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About Coalition
Industries
Cybersecurity
Financial Services
Company Size
501-1,000
Company Stage
Series F
Total Funding
$770M
Headquarters
San Francisco, California
Founded
2017
Overview
Coalition provides Active Insurance, which combines insurance coverage with cybersecurity tools to help businesses prevent digital risks. Their products are designed to assist companies in managing and reducing the chances of cyber attacks. Coalition offers its services to policyholders in the U.S., U.K., Canada, and Australia, working with top global insurers and its own insurance company. A key feature of Coalition is its cyber risk management platform, Coalition Control, which delivers automated alerts, expert advice, and third-party risk management. Additionally, Coalition Security Labs focuses on research and education in cybersecurity, helping both policyholders and the wider community understand and respond to cyber threats. Coalition stands out from competitors by integrating insurance with proactive cybersecurity measures, aiming to create a safer digital environment for businesses.
Simplify's Take
What believers are saying
- Rising demand for cyber insurance due to increasing cyber threats.
- Integration of AI enhances cybersecurity offerings and threat detection.
- Acquisition of Jumbo expands Coalition's capabilities and market reach.
What critics are saying
- Increased competition from new cyber insurance entrants like At-Bay and Corvus.
- Potential regulatory changes in the US and Europe affecting cyber insurance.
- Integration challenges post-Jumbo acquisition may impact operational efficiency.
What makes Coalition unique
- Coalition is the first Active Insurance provider for digital risk prevention.
- Combines insurance with cybersecurity tools for comprehensive risk management.
- Offers global cybersecurity products and insurance in US, UK, Canada, and Australia.
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Funding
Total Funding
$770M
Above
Industry Average
Funded Over
6 Rounds
Y CombinatorBenefits
Enjoy a highly fulfilling, mission-driven culture
Health, dental, and vision benefits for you and your family
Life insurance and disability benefits
Paid parental leave
401(k) plan
Wellness and commuter benefits
Flexible working hours
Open vacation days
We embrace distributed work; some benefits will vary by location
You are an owner. We offer stock options to each of our employees
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%Coalition, the world's first Active Insurance provider designed to prevent digital risk before it strikes, today announced a new $30 million equity in
Jumbo is being acquired
Coalition completed its Series F funding round in June, adding $250 million from Allianz X, Valor Equity Partners, Kinetic Partners and existing investors.
Munich, January 26, 2023 – Hawk AI, Germany’s leading provider of anti-money laundering (AML) and fraud prevention technology for banks and payment companies, announced $17M in Series B financing to accelerate product development and global expansion.
Hawk AI bietet eine Software zur Geldwäschebekämpfung an. Zu den Partnern zählt etwa Visa. Mit dem Geld will das Unternehmen unter anderem stärker in Asien expandieren.
Coalition is Hiring for 41 Jobs on Simplify!
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About Coalition
Industries
Cybersecurity
Financial Services
Company Size
501-1,000
Company Stage
Series F
Total Funding
$770M
Headquarters
San Francisco, California
Founded
2017
Coalition is Hiring for 41 Jobs on Simplify!
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Coalition