# Breach Insurance Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/breach-insurance-solutions

- Industry: Insurance
- Headquarters: Suwanee, US
- Website: www.breachinsured.com
- Total disclosed funding: $2.5M
- Latest round: Seed (Oct 4, 2023)
- Investors on record: 3

## About

Based in Georgia, US, and founded in 2019 by Eyhab Aejaz (CEO) and Iain Fraser (CTO), Breach Insurance Solutions, Inc. operates as an insurance company that provides insurance solutions for cryptocurrency. In June 2023, Breach Insurance Solutions, Inc. raised venture funding from LightShed Ventures and RW3 Ventures, including Alumni Ventures Group, Foundation Capital, Raptor Capital Management, etc. As of 2023, the company also has offices in Bermuda, the US, the UK, and Asia.

Breach Insurance Solutions, Inc is a company that develops regulated insurance services for businesses and individuals where the global insurance underwriter addresses the significant insurance gap in the crypto space. The company also focuses on financial insurance infrastructure, providing clients with the technology and regulated insurance products they require to protect their crypto assets from fraud. Furthermore, the company provides customized insurance solutions to institutions, individuals, startups, and small to medium-sized businesses (SMBs), with a focus on developing risks in the digital ecosystem. 

The company plans to use the June 2023 funding to support the launch of its insurance carrier and its growth in the US.

## Funding rounds

- Seed, Oct 4, 2023 — Alumni Ventures Group
- Seed, May 24, 2021, $2.5M — Global Founders Capital, Goodwater Capital

## Investors

- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed