DynaRisk, a London-based cyber-InsureTech company announced the successful close of its seed round.
DynaRisk company has raised over $7 million of capital since its, launch and in the past year has scaled operations across Europe and North, America
This new round of funding will be used to meet the growing demand for its existing products, expand geographically and develop new products to widen the company's reach.
Company: ZenRisk Limited
Raised: $7.0M+
Round: Seed Round
Funding Month: June 2022
Lead Investors: Undisclosed
Additional Investors: Undisclosed
Company Website: https://dynarisk.com/
Software Category: Cyber-InsureTech
About the Company: DynaRisk is the first intelligence-led Cyber-Insuretech provider for both personal and commercial business lines. With the largest dataset of its kind, DynaRisk has cyber intelligence data on 450 million companies globally of any size. The company helps MGAs, MGUs, and (re)insurers become more profitable by providing risk management tools and data to improve loss ratios while deepening insured engagement. DynaRisk helps brokers grow new business and streamline renewals by providing valuable data and insights on any company globally to help demonstrate the need for cyber insurance
Source: https://www.prnewswire.co.uk/news-releases/dynarisk-successfully-closes-seed-round-to-meet-rapidly-increasing-market-demand-for-risk-management-tools-data-and-insights-to-streamline-cyber-insurance-sales-and-improve-loss-ratios-827618468.html