5 years ago

Envelop Risk Secures $6 Million Series A Funding Led by Alpha Intelligence Capital

  • Envelop Risk, a Bristol, UK-based data-driven underwriting and risk analytics company, raised $6 million in Series A funding led by Alpha Intelligence Capital, with participation from existing investors MS Amlin and Dymon Asia Ventures

  • The company will use the funds to invest in proprietary machine-learning and data-driven underwriting activity in London and Bermuda and grow both within and beyond cyber (re)insurance.

      • ProblemFinancial Services

      "Insurance companies struggle to assess risk in rapidly evolving areas like cyber security, making it difficult to price policies accurately and efficiently."

      Solution

      "Envelop Risk uses AI and data analysis to provide a more accurate and efficient assessment of cyber risk, allowing insurers to better understand and price policies."

      Covered on