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Cyber Insurance Startup At-Bay Closes $185 Million Series D, Valuing Company At $1.35 Billion

Jul 27, 2021•almost 4 years ago

Amount Raised

$185 Million

Round Type

series d

San Francisco

Description

At-Bay, the insurance company for the digital age, today announced the closing of a $185 million Series D financing. The new funding round was co-led by Icon Ventures and Lightspeed Venture Partners, with participation from existing investors including Khosla Ventures, M12, Acrew Capital, Qumra Capital, the HSB fund of Munich Re Ventures, entrepreneur Shlomo Kramer, and Glilot Capital.

Company Information

Company

At Bay

Location

San Francisco, California, United States

About

At-Bay is the insurance company for the digital age. By combining world-class technology with industry-leading insurance expertise, we designed an insurance company from the ground up that empowers businesses to thrive in the digital world. As a Managing General Underwriter (MGU), At-Bay underwrites insurance policies through HSB Specialty Insurance Company, rated A++ by A.M. Best Company and part of Munich Re. At-Bay is backed by Acrew Capital, the HSB fund of Munich Re Ventures, Icon Ventures, Khosla Ventures, Lightspeed Venture Partners, M12, entrepreneur Shlomo Kramer, and Qumra Capital. www.at-bay.com

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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