# Envelop Risk Analytics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/envelop-risk-analytics

- Industry: Insurance
- Headquarters: London, UK
- Website: www.enveloprisk.com
- Total disclosed funding: $136M
- Latest round: Series B (Sep 14, 2021)
- Investors on record: 4

## About

Founded in 2016 and based in London, UK, Envelop Risk Analytics Limited is a cyber insurance company that provides reinsurance underwriting and insurance product development for cybersecurity firms to provide full assurance to their clients. The company was founded by Jonathan Spry and Paul Guthrie. In September 2021, Envelop Risk Analytics Limited raised USD 130 million in series B funding led by new investor SB Investment Advisers.

The company provides specialty cyber insurance analytics and underwriting services intended to deliver accurate policy or portfolio pricing. The company offers model cyber risk which applies an augmented intelligence approach, combining human expertise in cybersecurity and underwriting with artificial intelligence-enabled modeling and simulation, enabling insurers and reinsurers to access insight into likely attacker targets and existing defenses.

The company plans to use its latest funding to expand its proprietary machine-learning and data-driven underwriting activity in London and Bermuda. The company also plans to expand operations in cyber reinsurance and cyber technology partnerships and continue to invest in predictive analytics for assessing the likely economic consequences of cyber risks to commercial entities.

## Funding rounds

- Series B, Sep 14, 2021, $130M — SB Investment Advisers
- Series A, May 6, 2020, $6M — Integra Partners, Alpha Intelligence Capital, MS Amlin Limited

## Investors

- Integra Partners (https://capitalatlas.ai/funds/integra-partners) — Series A
- Alpha Intelligence Capital (https://capitalatlas.ai/funds/alpha-intelligence-capital) — Series A
- MS Amlin Limited — Series A
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series B