What is At-Bay?
At-Bay operates as an InsurSec provider, uniquely positioned to address the evolving cyber risks faced by businesses. By integrating advanced technology with deep insurance and security expertise, At-Bay offers comprehensive, end-to-end protection. Their InsurSec model acts as a force multiplier, encompassing security measures, threat intelligence, and expert human oversight, all bundled within their insurance policies. This approach is specifically designed to bridge the cybersecurity gap for small and medium-sized businesses (SMBs), providing them with the tools and coverage necessary to confront cyber threats effectively.
How much funding has At-Bay raised?
At-Bay has raised a total of $292M across 5 funding rounds:
Angel/Seed
$6M
Series A
$13M
Series B
$34M
Series C
$34M
Series D
$205M
Angel/Seed (2017): $6M with participation from LightSpeed Venture Partners and LocalGlobe
Series A (2018): $13M led by Shlomo Kramer, Lightspeed, and Khosla Ventures
Series B (2020): $34M supported by Shlomo Kramer, Munich Re Ventures, Lightspeed Venture Partners, Acrew Capital, and Khosla Ventures
Series C (2020): $34M featuring Qumra Capital and M12 – Microsoft Venture Fund
Series D (2021): $205M backed by Lightspeed Venture Partners, Acrew Capital Management, Icon Ventures, Khosla Ventures, M12, and ION Crossover Partners
Key Investors in At-Bay
Lightspeed Venture Partners
Lightspeed Venture Partners (lsvp.com) is a global venture capital firm that invests in early and growth-stage technology companies across various sectors, including enterprise software and infrastructure.
M12 – Microsoft Venture Fund
M12 – Microsoft Venture Fund is Microsoft's venture capital arm, investing in enterprise technology startups that are building the future of business.
Qumra Capital
Qumra Capital is a leading growth equity fund in Israel, focused on providing significant investment capital to promising technology companies.
What's next for At-Bay?
The recent major strategic investment signals a pivotal phase for At-Bay, likely enabling accelerated product development, market penetration, and the expansion of its InsurSec offerings. This capital infusion is expected to fortify its position as a leader in cyber risk management, allowing for further innovation in its technology stack and a broader reach to businesses seeking comprehensive cyber protection. At-Bay is poised to leverage this backing to enhance its service delivery and solidify its competitive advantage in the rapidly growing cybersecurity insurance market.
See full At-Bay company page
