Zurich Insurance Leads Series B Fundraise For Global Cyber Insurtech Boxx Insurance

Jan 31, 2023•almost 3 years ago

Round Type

series b

Toronto

Description

BOXX Insurance, the Toronto headquartered insurtech that combines cyber insurance and security, announced a US$14.4 million Series B funding round, bringing the total amount raised from investors to US$24.5 million in the last 16 months. The latest investment was led by global giant, Zurich Insurance Company Ltd (Zurich).

Company Information

Company

BOXX Insurance

Location

Toronto, Ontario, Canada

About

BOXX Insurance Inc. is a new type of insurance company for a new type of risk. We work closely with the most respected insurance and technology partners to provide solutions that help small business clients manage their total risk exposure – starting with cyber risk. Our flagship product, Cyberboxx™, is the first fully-integrated cybersecurity and insurance solution for small-to-medium-sized businesses. With Cyberboxx™, businesses can stay ahead of cyber threats, respond to attacks, and re-secure their business faster and more cost-effectively. We are honoured to be an insurance coverholder with Lloyd’s of London, which enables us to provide cyber insurance policy coverage globally. We have also been selected as one of KPMG’s top 20 start-ups to participate in the 2018 Singapore Fintech Festival Hackcelerator.

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Zurich Insurance Leads Series B Fundraise For Global Cyber Insurtech Boxx Insurance

Description

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