Amount Raised
$20 Million
Round Type
Series A
New YorkInsuranceDescription
Elpha Secure Technology Inc., the first cyber insurance startup to combine proprietary cybersecurity software with coverage to improve risk transfer, has completed a $20 million Series A funding round. Canapi Ventures, a venture capital firm investing in early to growth-stage fintech companies, led the round with participation from Elpha Secure’s existing investors, including Stone Point Ventures, AXIS Capital, State Farm Ventures®, The Hartford STAG Ventures, Fermat Capital Management, and EOS Venture Partners.
Quick answer
Elpha Secure raised $20 Million in a Series A round, dated October 6, 2022. Elpha Secure is based in New York, New York, United States.
- How much did Elpha Secure raise?
- Elpha Secure raised $20 Million in a Series A round on October 6, 2022.
- What does Elpha Secure do?
- //www.elphasecure.com.
- Where is Elpha Secure based and how big is it?
- Elpha Secure is based in New York, New York, United States. Fundz records about 56 employees.
Source: Fundz verified event record.
Who else raised in Insurance around the same time
Companies in the same sectors as Elpha Secure that raised within 45 days of this round, from Fundz verified event records.
- Green Shield Risk Solutions raised an undisclosed amount on November 17, 2022.
- Clearcover raised $153M on November 10, 2022.
- Likewize raised an undisclosed amount (Corporate Round) on November 9, 2022.
- Cover Genius raised $70M (Funding Round) on November 1, 2022.
- Kin Insurance raised $145M (Debt Financing) on October 28, 2022.
- LogRock raised $2M (Seed) on October 27, 2022.
Who to call at Elpha Secure, and when
A new round usually means Elpha Secure is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Elpha Secure raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Elpha Secure, from your own LinkedIn network
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Fundz sees it the moment Elpha Secure raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Funding Insights
What this usually meansElpha Secure raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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