SecondSight, a Bloomington, IN-based provider of an insurance industry’s AI-driven platform for ‘inside-out’ underwriting, raised $3M in Seed funding.
The round was led by Tim Crown with participation from Indiana Ventures, Cook Ventures, and Flywheel Fund.
The company intends to use the funds to accelerate market adoption and impact to the cyber insurance industry.
Led by CEO Reuben Vandeventer, SecondSight provides a cyber underwriting platform to discover, quantify, hedge and insure digital risk. With its platform for ‘inside-out’ underwriting, businesses and cyber insurance providers can see the digital risk with complete clarity, enabling cyber insurance providers to be able to quantify risk severity based on the digital assets and liabilities of an organization. The platform autonomously discovers, classifies and analyzes an organization’s entire landscape of digital assets, the unique risk profile for each digital asset across thousands of different risk factors, and the real business costs that would be incurred if a digital asset was compromised.
FinSMEs
13/10/2022