# Protos Labs Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/protos-labs-pte

- Industry: IT Security/Cybersecurity
- Headquarters: Singapore
- Website: www.protoslabs.sg
- Total disclosed funding: $4.5M
- Latest round: Seed (Aug 28, 2024)
- Investors on record: 10

## About

Based in Singapore, and founded in 2020 by its CEO, Joel Lee, and CTO, Simeon Tan, Protos Labs Pte Ltd., operates as a cyber insurtech company, that helps insurers, re-insurers, and enterprises quantify cyber risk exposure using its next-generation risk intelligence platform Nexus. In April 2022, Protos Labs raised  seed funding from investors, 1337 Ventures, Investible, Plug and Play Ventures, GK Accelerate, and TIM Ventures.

Protos Labs offers a cyber underwriting platform that provides 360-degree predictive risk assessment solutions that include real-time cyber risk insights, helping insurance companies and brokers prevent cyber incidents.

The company uses proprietary Machine Learning (ML) and artificial intelligence (AI) technology to protect businesses from cyber breaches and help them sell various cyber insurance products that include education, finance and insurance, food and beverages, real estate, and many more.

The company plans to use the April 2022 funding to to revolutionize the cybersecurity insurance industry.

## Funding rounds

- Seed, Aug 28, 2024, $2.3M — Gobi Partners, Plug and Play, 1337 Ventures, BEENEXT, Investible, Gan Kapital, VinaCapital Ventures, Artem Ventures, A2D Ventures Pte. Ltd.
- Seed, Oct 23, 2023, $2.2M — Gobi Partners, Plug and Play, 1337 Ventures, BEENEXT, Investible, Gan Kapital, VinaCapital Ventures, Artem Ventures
- Seed, Dec 1, 2022 — Plug and Play, 1337 Ventures, TIM Ventures, Investible

## Investors

- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Seed
- 1337 Ventures (https://capitalatlas.ai/funds/1337-ventures) — Seed
- TIM Ventures (https://capitalatlas.ai/funds/tim-ventures) — Seed
- Investible (https://capitalatlas.ai/funds/investible) — Seed
- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Seed
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Seed
- Gan Kapital — Seed
- VinaCapital Ventures — Seed
- Artem Ventures (https://capitalatlas.ai/funds/artem-ventures) — Seed
- A2D Ventures Pte. Ltd. — Seed