An online-business-interruption-insurance startup a day keeps the FOMO away.
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Startup of the Year: Daily Dealflow 

The Daily Dealflow delivers one startup a day, every work day to your inbox and is presented by Silicon Valley Bank. SVB's 2019 Startup Outlook Report is out now.
 
Startup of the Year discovers and supports the most promising and innovative startups from around the world through #DailyDealflow, our Podcast & more.

CyberFortress

CyberFortress delivers a new kind of online business interruption policy: priced from just an email address with immediate claims payout.
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. 

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 

⚙️ Product Stage

Mockup

🏭 Industries

B2B, Insurance, Fintech

🤑 Fundraising Status

Actively raising

💸 Total Funding
To Date

$500k-$1.5MM

🙌 Founder Demographics

Female founder, LGBT founder, Minority founder, Veteran founder

Big Wins

We have operationalized 50 State Producer Licensing
We have obtained an initial distribution agreement to 20,000 SMBs

Watch the video

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Contact the Founder:

Huw Edwards

[email protected]

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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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