As provider of what it calls “Active Insurance,” Coalition not only offers insurance coverage against cyberthreats, but also offers a real-time risk assessment tool that can provide profiles of an organization’s digital risks in real time, and incident response support in the event of a breach.
Since the organization was founded in 2017, Coalition has quickly established itself as one of the biggest providers in the cybersecurity insurance market, which researchers valued at $11.9 billion in 2022 and anticipate will reach $29.2 billion in 2027. Today, Coalition announced it has raised $250 million as part of a series F funding round. The new funding brings the organization’s valuation to $5 billion.
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