# Coalition

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/coalition

- Industry: Insurance
- Headquarters: San Francisco, US
- Website: www.coalitioninc.com
- Total disclosed funding: $727M
- Latest round: Series F (Jun 24, 2022)
- Investors on record: 15

## About

Founded in 2017 and based in California, US, Coalition, Inc. operates as a financial services company that provides cyber insurance coverage for technology products and services for tangible and intangible damages. John Hering and Joshua Motta (CEO) are the co-founders of the company. In March 2025, Coalition, Inc. raised USD 30 million in venture funding from Mitsui Sumitomo Insurance.

The company specializes in cyber insurance tailored to defend businesses from modern digital threats such as ransomware, email compromises, and data breaches. The firm offers a portfolio of insurance products such as active cyber insurance, active tech errors and omissions (E&O) insurance, and excess cyber and technology E&O insurance. Coalition also offers a range of security tools and services, including coalition control™, managed detection and response (MDR), and coalition incident response (CIR). The company serves brokers, businesses, and security teams. In addition, Coalition also provides automated cyber alerts, expert guidance and advice, and third-party risk management services.

Coalition generates revenue primarily through its Active Insurance model, which combines cyber insurance with proactive cybersecurity tools. Its revenue streams include premiums from cyber and executive risk insurance policies, subscription fees for its proprietary risk management platform (Coalition Control®), and services like continuous monitoring, threat intelligence, and incident response. It also earns through partnerships with brokers and reinsurers.

The organization plans to use the March 2025 funding to widen product offerings in the insurance industry.

## Funding rounds

- Series F, Jun 24, 2022, $221M — Valor Equity Partners, Allianz X, Kinetic Partners Management
- Series E, Sep 28, 2021, $205M — T Rowe Price, Whale Rock Capital Partners, Durable Capital Partners
- Series D, Feb 28, 2021, $175M — Index Ventures, General Atlantic, Waybury Capital
- Series C, May 20, 2020, $90M — Valor Equity Partners, Greenoaks Capital, Felicis Ventures, Hillhouse Investment, Ribbit Capital, Vy Capital, Greyhound Capital
- Series B, May 9, 2019, $26M — Greenoaks Capital, Hillhouse Investment, Ribbit Capital
- Series A, Feb 28, 2018, $10M — Valor Equity Partners, Ribbit Capital, Vy Capital

## Investors

- Valor Equity Partners (https://capitalatlas.ai/funds/valor-equity-partners) — Series A, Series C, Series F
- Ribbit Capital (https://capitalatlas.ai/funds/ribbit-capital) — Series A, Series B, Series C
- Vy Capital (https://capitalatlas.ai/funds/vy-capital) — Series A, Series C
- Greenoaks Capital (https://capitalatlas.ai/funds/greenoaks-capital) — Series B, Series C
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series B, Series C
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Series C
- Greyhound Capital (https://capitalatlas.ai/funds/greyhound-capital) — Series C
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series D
- General Atlantic (https://capitalatlas.ai/funds/general-atlantic) — Series D
- Waybury Capital (https://capitalatlas.ai/funds/waybury-capital) — Series D
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series E
- Whale Rock Capital Partners — Series E
- Durable Capital Partners — Series E
- Allianz X (https://capitalatlas.ai/funds/allianz-x) — Series F
- Kinetic Partners Management (https://capitalatlas.ai/funds/kinetic-partners-management) — Series F