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Envelop Risk Announces Completion of Series A Financing Led by Alpha Intelligence Capital

May 14, 2020•about 5 years ago

Round Type

series a

London

Description

Envelop Risk, the leading data-driven underwriting and risk analytics business, today announced a Series A investment of c. $6 million led by AI-specialist investor Alpha Intelligence Capital (“AIC”). AIC will invest as lead with additional support from existing investors including MS Amlin and Dymon Asia Ventures. The financing will be used to further Envelop Risk's investment in proprietary machine-learning and data-driven underwriting activity in London and Bermuda, fueling growth into new markets globally.

Company Information

Company

Envelop Risk

Location

London, Ontario, Canada

About

Envelop Risk is a global specialty cyber and emerging risk insurance analytics and underwriting firm, headquartered in Bristol, UK, with offices in London, New York, and Bermuda. Envelop Risk was founded on the belief that the security of information systems is critical for ensuring economic progress. Leveraging the collective knowledge and experience of its founders, Envelop Risk’s proprietary model addresses the complexity of cyber and other emerging risk by combining artificial intelligence, security analytics, intelligence gathering, economic, financial, and behavioral analysis; and modelling and simulation. Envelop Risk applies an augmented intelligence approach, combining quantitative methods with human expertise in underwriting and information security. For more information visit www.enveloprisk.com or follow @enveloprisk on Twitter.

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