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An online-business-interruption-insurance startup a day keeps the FOMO away.
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Startup of the Year: Daily Dealflow
Startup of the Year discovers and supports the most promising and innovative startups from around the world through #DailyDealflow, our Podcast & more.
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CyberFortress
CyberFortress delivers a new kind of online business interruption policy: priced from just an email address with immediate claims payout.
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We are an insurtech Managed General Agency based in San Antonio, Texas and we are building a new kind of online business interruption policy designed for small to medium sized businesses. Our backgrounds are in managing portfolio risk at the world’s largest hedge fund and running web scale infrastructure at a leading cloud hosting provider that was obsessed with customer experience.
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What's Innovative About Their Solution?
CyberFortress provides a narrowly-focused, online business interruption policy that, when triggered by an unexpected downtime event, begins paying out within 24 hours of the incident. We get cash in the hands of the insured at their time of most critical need. Using machine learning we can also price accurate, instant quotes from a business email address.
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📍 Location
San Antonio, TX
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🏭 Industries
B2B, Insurance, Fintech
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🤑 Fundraising Status
Actively raising
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💸 Total Funding
To Date
$500k-$1.5MM
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🙌 Founder Demographics
Female founder, LGBT founder, Minority founder, Veteran founder
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Big Wins
We have operationalized 50 State Producer Licensing
We have obtained an initial distribution agreement to 20,000 SMBs
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Contact the Founder:
Huw Edwards
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Further Your Passion For Startups
The Startup of the Year Podcast raises the bar for startups around the world by providing further insight on the emerging companies featured in our Daily Dealflow newsletter and by highlighting newsworthy stories and global trends affecting the startup ecosystem. |
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The Daily Dealflow is made possible thanks to the support of our amazing partners.
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2019 Startup Outlook Report
SVB is pleased to present the 10th edition of our annual Startup Outlook Report, focusing on the innovation economies of the US, the UK, China and Canada. Read the report here.
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Established, LLC is not a broker-dealer and cannot provide assurances and makes no representations or warranties as to the timing or price terms for any purchase or sale of early-stage company equity. Nothing contained in this email constitutes investment, legal, tax or other advice. No information or statements contained in this email should be relied upon in making an investment or different decision. You should review all risks and consult all applicable professionals when making any investment decisions. Information and statements contained within this email and any attachments are solely for informational purposes and does not constitute an offer to sell or a solicitation to buy any securities.
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