Anthony R. O’Donnell // March 15, 2022
(Image credit: Shutterstock.)
Cowbell Cyber (Pleasanton, Calif.), a provider of cyber insurance for small and medium-sized enterprises (SMEs), announced that it has secured $100 million in capital led by Anthemis Group (London) with participation from Permira Funds, PruVen Capital, NYCA Partners, Viola Fintech and all existing investors. This latest financing will increase investment in data science, underwriting, risk engineering and claims management; expand go-to-market channels including digital distribution; and support Cowbell Re, the company’s reinsurance captive, according to a Cowbell Cyber statement.