What is Envelop Risk?
Envelop Risk operates as a data-driven underwriting firm focused on global specialty cyber and emerging risks. Headquartered in London, United Kingdom, the company leverages advanced data analytics to provide comprehensive insurance solutions for complex and evolving risk landscapes. Its core business revolves around assessing and underwriting risks that are often at the forefront of technological and geopolitical change, offering specialized coverage to enterprises navigating these challenges.
How much funding has Envelop Risk raised?
Envelop Risk has raised a total of $136M across 2 funding rounds:
Series A
$6M
Series B
$130M
Series A (2020): $6M with participation from Dymon Asia Ventures, MS Amlin plc, and Alpha Intelligence Capital
Series B (2021): $130M led by SoftBank Group
Key Investors in Envelop Risk
SoftBank Group
SoftBank Group is a global technology holding company that invests in and supports businesses across telecommunications, internet services, AI, and clean energy. They are known for backing transformative technologies and companies with long-term growth potential through platforms like the SoftBank Vision Fund.
Dymon Asia Ventures
Dymon Asia Ventures is an alternative investment management firm based in Singapore, offering services in macro strategies, multi-strategy investment funds, and private equity, with a focus on Asia.
MS Amlin plc
MS Amlin plc is a global (re)insurance group that provides cover for a wide range of risks, operating across various specialty insurance lines. They are known for their expertise in complex insurance markets.
What's next for Envelop Risk?
With the recent major strategic investment and a substantial total funding amount of $136M, Envelop Risk is well-positioned for accelerated growth and market leadership. The company's focus on cyber and emerging risks aligns with increasing global demand for specialized insurance products. Future developments are likely to involve expanding its underwriting capacity, enhancing its data analytics capabilities, and potentially broadening its geographic reach to serve a wider range of enterprise clients facing sophisticated risk exposures. This strategic financing signals confidence in Envelop Risk's business model and its ability to navigate the dynamic specialty insurance market.
See full Envelop Risk company page
