Cowbell Raises $25M in Equity Funding

Cowbell

Cowbell, a Pleasanton, CA-based adaptive cyber insurance company, raised $25M in Equity funding.

Prosperity7 Ventures made the investment.

The company intends to use the funds to expand across the US and UK.

Led by Jack Kudale, Founder and CEO, Cowbell is an Adaptive Cyber Insurance company providing small and medium-sized enterprises (SMEs) coverage adaptable to today’s and tomorrow’s threats and the advanced warning of cyber risk exposures. In its AI-based approach in risk selection and pricing, Cowbell’s continuous underwriting platform, powered by Cowbell Factors, compresses the insurance process from submission to issue in a few 5 minutes.

Cowbell is backed by over 20 global (re)insurance partners and serves SMEs in 50 U.S. states, the District of Columbia and the United Kingdom. Founded in 2019, Cowbell is based in the San Francisco Bay Area with employees across the U.S., Canada, India, and the U.K.

FinSMEs

01/11/2023