Anthony R. O’Donnell // March 18, 2021
(Image source: Coalition website.)
Coalition, a company combining cyber security solutions and cyber insurance, has announced that it has raised $175 million to accelerate its growth and expand globally. Index Ventures (San Francisco/London) led the funding with participation from General Atlantic (New York) and the company’s existing investors, valuing Coalition at $1.75 billion.
“We founded Coalition four years ago with a mission to solve cyber risk, introducing a technology-led approach to risk management and insurance underwriting, pricing, and distribution,” comments Joshua Motta, CEO and co-founder, Coalition. “Our ambitions now extend