Cowbell Cyber

Cowbell Cyber

Cybersecurity insurance for small businesses

About Cowbell Cyber

Simplify's Rating
Why Cowbell Cyber is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Differentiation

Industries

Cybersecurity

Financial Services

Company Size

201-500

Company Stage

Series C

Total Funding

$208.3M

Headquarters

Pleasanton, California

Founded

2019

Overview

Cowbell Cyber offers cybersecurity insurance tailored for small and medium-sized enterprises (SMEs) that often underestimate the financial risks of cyber incidents. The company uses technology and artificial intelligence to assess risks and provide adaptable insurance policies, helping businesses understand their vulnerabilities through a feature called Cowbell Factors™. In addition to insurance, Cowbell provides post-incident recovery services and ongoing risk assessments to help clients manage their cyber risks effectively. The goal is to empower SMEs to take control of their cyber risk management and ensure they have appropriate coverage.

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Simplify's Take

What believers are saying

  • Rising cyber threats increase demand for Cowbell's insurance solutions.
  • Cowbell's rapid growth and recognition attract top talent and strengthen market position.
  • Cowbell Resiliency Services address comprehensive cybersecurity needs amidst AI-driven threats.

What critics are saying

  • Increased competition from AI-driven cyber insurance providers like Coalition and At-Bay.
  • Rapid evolution of AI-driven threats may outpace Cowbell's current capabilities.
  • Regulatory changes could impact AI-driven insurance underwriting processes.

What makes Cowbell Cyber unique

  • Cowbell uses AI for continuous risk assessment and adaptive cyber insurance.
  • Cowbell Factors™ quantifies risk exposure, offering clear insights into vulnerabilities.
  • Cowbell's closed-loop risk management includes prevention, mitigation, and response services.

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Funding

Total Funding

$208.3M

Above

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$60M
Cowbell Cyber
$62M
SeatGeek
$100M
Oura

Benefits

Medical and Dental Insurance

Paid Time Off

Mind & Body Wellness

On-Site Perks

Career Growth

Networking

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

-1%

2 year growth

3%
The Mainstream
Mar 28th, 2025
Invi Grid Joins Cowbell Insurance's Cybersecurity Marketplace

Invi Grid joins Cowbell Insurance's cybersecurity marketplace.

Cowbell
Mar 27th, 2025
Why Cowbell's New MDR Endorsement Is a Game-Changer for Cyber Insurance

In response, Cowbell introduced its Managed Detection and Response (MDR) endorsement, intended to reward policyholders who are taking a proactive approach by making investments in fortifying their infrastructure and implementing Cowbell MDR to enhance their security posture.

Coverage
Feb 5th, 2025
Cowbell Launches Cowbell Resiliency Services

Cowbell, a provider of cyber insurance for small and medium-sized enterprises and middle-market businesses, has launched a new Cowbell Resiliency Services unit, which leverages “existing AI learning tools with advanced cybersecurity services” to provide businesses with “the most up-to-date” insights and learning needed to defend against emerging threats while minimizing financial and operational risks.CRS expands Cowbell’s risk management portfolio with four new subscription-based cyber resiliency services:Cowbell MDR SOC-as-a-Service , powered by SpearTip, a company of Zurich Resilience Solutions, delivers a 24/7/365, U.S.-based Security Operations Center (SOC), staffed with certified, experienced engineers and analysts, providing real-time threat detection and AI-driven counterintelligence. The service integrates with diverse data sources to allow comprehensive visibility. It leverages continuously updated detection rules, advanced prevention technologies, and real-time response capabilities to defend against sophisticated threats like ransomware., powered by SpearTip, a company of Zurich Resilience Solutions, delivers a 24/7/365, U.S.-based Security Operations Center (SOC), staffed with certified, experienced engineers and analysts, providing real-time threat detection and AI-driven counterintelligence. The service integrates with diverse data sources to allow comprehensive visibility. It leverages continuously updated detection rules, advanced prevention technologies, and real-time response capabilities to defend against sophisticated threats like ransomware. Cowbell Penetration Testing-as-a-Service (PTaaS) powered by GMI, delivers comprehensive internal and external network assessments to identify and address vulnerabilities

PR Newswire
Feb 4th, 2025
Cowbell Launches Cowbell Resiliency Services (Crs) To Support U.S. Businesses As Ai-Driven Cyber Threats Accelerate

A new unit launched in response to more sophisticated AI-driven cyberattacks and the evolving geopolitical climateNew resiliency services include Managed Detection and Response, Penetration Testing, Cloud Identity Monitoring, and Cybersecurity Training, available to U.S. policyholdersPLEASANTON, Calif., Feb. 4, 2025 /PRNewswire/ -- Cowbell , a leading provider of cyber insurance for small and medium-sized enterprises (SMEs) and middle-market businesses, has launched a new Cowbell Resiliency Services (CRS) unit in response to a rise in the frequency, severity, and diversity of cyber threats as a complement to its existing risk management program.Driven by AI advances and an increasingly complex geopolitical landscape, recent reports show the average global cost of a data breach has reached $4.88m—a 10% increase over last year and the highest total ever. The average in the U.S. is even higher, amounting to $9.36m. Tech giants, such as Microsoft, say their clients now face 600 million attacks daily from cybercriminals and nation-state threat actors.Recognizing these challenges, Cowbell has strengthened its risk management offering to policyholders

Cowbell
Dec 30th, 2024
Reflections on 2024: A Year of Innovation and Growth

Among others, Forbes named Cowbell one of the Best Startup Employers for 2024, and Cowbell Cyber Inc. also earned spots, including #13 overall and #1 in the Insurance industry in the Inc. 5000 2024 ranking of North American private companies, #25 in the 2024 San Francisco Bay Area Fast 100, and #10 in the Deloitte 2024 Fast 500.

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