BOXX Insurance

BOXX Insurance Inc.Founded in 2018, BOXX Insurance Inc. operates out of Toronto, Canada, focusing on cyber insurance products.BOXX Insurance specializes in cyber insurance and comprehensive cyber security solutions aimed at enhancing digital resilience for both businesses and individuals. The company’s core offerings include Cyberboxx® Business and Cyberboxx® Home, which provide all-in-one cyber insurance and protection services. These products include tools for predicting and preventing cyber threats, as well as extensive insurance coverage underwritten by Lloyd's, which includes incident response and recovery services through Hackbusters®. The services are particularly tailored for small businesses and households, ensuring they are equipped with managed firewalls, cyber monitoring, and regular training sessions.The revenue model of BOXX Insurance revolves around the provision of subscription-based services and direct-to-consumer sales, particularly through their flagship products Cyberboxx® Business and Cyberboxx® Home. Clients engage with the company by purchasing insurance policies and cyber security tools tailored to their specific needs, through a structured transaction process that allows clients to generate quotes and bind policies via the BOXX Broker Portal. This portal enables brokers to facilitate transactions efficiently, ensuring a seamless experience for end users. The company’s offerings are priced according to the level of coverage and services provided, with options for both individual consumers and businesses.In January 2023, BOXX Insurance Inc. The company is also planning to expand into additional international markets, focusing on regions within Europe and Asia by the end of 2024. These strategic initiatives aim to solidify BOXX's position in the market and provide tailored solutions to an increasingly diverse clientele.

1. Series A

   Sep 22, 2021

   Amount

   $10M

   Investors

   Locked