.Cyber insurance firm Cowbell has raised $60 thousand in Collection C financing from Zurich Insurance coverage Group, taking the overall increased by the company to over $200 thousand.Established in 2019, the Pleasanton, CA-based firm delivers little and also medium-sized companies (SMEs) with adaptive cyber insurance coverage, powered by its own AI-assisted, constant underwriting platform.SMBs may utilize the firm's Cowbell Variable score index to analyze their cyber danger and also get the insurance protection that matches their safety threats..Cowbell, which finds to secure and also educate SMBs coming from existing and arising risks, gives cyber threat cautions, ongoing threat evaluation, a closed-loop method to risk management, as well as premium motivations for policy manufacturers to improve their safety and security standpoint.The firm considers to make use of the brand new investment to scale procedures, expand to essential international markets, launch new items, and also boost its partnerships.Moreover, it will definitely take advantage of the most recent advancements in AI and also generative AI to broaden its own technological structure." With a polished concentrate on product growth, our team are going to accelerate our initiatives to deliver advanced and reliable cyber insurance coverage services to SMEs and also mid-market services around the world, ensuring they have the protection and tools they require to navigate the climbing hazards in the developing cyber yard," Cowbell creator as well as CEO Port Kudale claimed.Cowbell has workers in the US, Canada, the UK, and India as well as delivers cyber insurance coverage to SMBs in each fifty US conditions, the District of Columbia, and the UK.Advertisement. Scroll to proceed analysis.Associated: ZeroTier Raises $13.5 Million in Series A Backing.Connected: Vanta Increases $150 Million at $2.45 Billion Valuation.Connected: Linx Protection Increases $33M to Trappings Digital Identity Threats.Associated: Information Protection Company Cyberhaven Raises $88 Thousand at $488 Thousand Appraisal.