Overview

Coalition provides Active Insurance, which combines insurance coverage with cybersecurity tools to help businesses prevent cyber attacks. Their product works by offering a platform called Coalition Control that delivers automated cyber alerts, expert guidance, and third-party risk management. This proactive approach allows businesses to manage and mitigate digital risks effectively. Unlike traditional insurance providers, Coalition focuses on prevention and education, offering resources through Coalition Security Labs to help clients understand and navigate cyber threats. The company's goal is to empower businesses to protect themselves against digital risks before they occur.

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

Notable Investors:

Y Combinator

Notable Investors:

Y Combinator

$250,000,000

Series F

Jul 2022

Series F funding comparison data is currently unavailable. We're working to provide this information soon!

Series F Funding Comparison

Coming Soon

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