# Resilience Cyber Insurance Solutions

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

- Industry: IT Security/Cybersecurity
- Headquarters: San Francisco, US
- Website: www.cyberresilience.com
- Total disclosed funding: $180M
- Latest round: Series D (Aug 7, 2023)
- Investors on record: 7

## About

Resilience Cyber Insurance Solutions LLC specializes in cyber risk management and insurance, providing tailored solutions to enhance organizational resilience against cyber threats for businesses across various sectors.Founded in 2016 and headquartered in San Francisco, US, Resilience Cyber Insurance Solutions LLC focuses on providing cyber insurance and risk management services. The team includes founders Davis Hake, Matthew Hall, Raj Shah, and Vishaal Hariprasad, with Mario Vitale serving as CEO. The company has successfully raised USD 100.00 mn in Series D funding on August 7, 2023, led by Intact Ventures, bringing the total amount raised to USD 100.00 mn. Resilience has completed 3 deals to date.Resilience offers a comprehensive suite of cyber risk management solutions designed to enhance organizational cyber resilience and mitigate potential losses from cyber threats. The company's core offerings include its Essential and Edge Solutions, which are tailored to U.S.-based companies with revenues ranging from USD 300 mn to over USD 10 bn. These solutions utilize industry-first peril-based risk quantification models that leverage real-world data to prioritize security controls effectively. By integrating proactive threat hunting and remediation capabilities, Resilience empowers organizations to reduce their exposure to financially damaging cyber incidents. The company's client base primarily includes large enterprises across various sectors, with an emphasis on organizations reliant on interconnected digital infrastructure, such as manufacturing, healthcare, and financial services. With a commitment to enhancing cyber resilience globally, Resilience actively serves markets in North America, Europe, and Asia.Resilience generates revenue through a structured B2B model that encompasses subscriptions for its cyber risk management solutions, including its Essential and Edge offerings. Clients typically engage in annual contracts that provide access to comprehensive cyber insurance and proactive risk management services. The revenue structure is designed to deliver ongoing support and updates to clients as they navigate the evolving threat landscape. Resilience's flagship products focus on loss prevention and risk quantification, attracting a diverse clientele that values robust cybersecurity measures. By offering tailored solutions that align with the specific needs of large organizations, Resilience positions itself as a strategic partner in the cyber risk management arena, facilitating long-term partnerships essential for sustaining revenue growth.In August 2023, Resilience Cyber Insurance Solutions LLC raised USD 100.00 mn in Series D funding to accelerate worldwide growth and enhance the implementation of its platform. The company plans to launch new products aimed at further enhancing its cyber risk management capabilities and is targeting expansion into new markets across North America, Europe, and Asia by the end of 2024. The recent funding will facilitate these initiatives, allowing Resilience to scale its operations and broaden its market presence.

## Funding rounds

- Series D, Aug 7, 2023, $100M — Lightspeed Venture Partners, General Catalyst Partners, Founders Fund, Intact Ventures
- Series C, Nov 22, 2021, $80M — CRV, Lightspeed Venture Partners, General Catalyst Partners, Founders Fund, Rapid7 LLC, Intact Ventures, Shield Capital

## Investors

- CRV (https://capitalatlas.ai/funds/crv) — Series C
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series C, Series D
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series C, Series D
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series C, Series D
- Rapid7 LLC — Series C
- Intact Ventures (https://capitalatlas.ai/funds/intact-ventures) — Series C, Series D
- Shield Capital (https://capitalatlas.ai/funds/shield-capital) — Series C