Coalition provides Active Insurance that combines industry-leading cybersecurity tools, around-the-clock digital forensics and incident response, and broad insurance coverage to help organizations identify, mitigate, and insure digital risk. The company serves over 160,000 customers and offers Active Cyber Insurance, Active Executive Risks Insurance, P&C insurance, and cybersecurity capabilities across the US and Canada. Coalition’s Active Risk Platform delivers automated security alerts, threat intelligence, expert guidance, and cybersecurity tools to help businesses remain resilient. Financially, Coalition exceeded $775 million in run rate gross written premium and reported nearly 200% revenue growth year-over-year. The company is pursuing international expansion—including a planned UK active cyber program later this year in partnership with Allianz—and aims to broaden its services. Founded in 2017 and headquartered in San Francisco, Coalition has raised over $755 million in equity funding to date. Coalition combines cyber insurance with security tools and incident response, offering no-cost cybersecurity tools, security and incident response services, and comprehensive insurance to help organizations recover from breaches. The company scans policyholders' assets 65,000 times a week and aggregates data to identify vulnerabilities, a technology-first approach that, according to its H1 2021 report, yields under one-third the claim frequency compared to other carriers. Coalition serves more than 52,000 customers and has crossed $325 million in run-rate premium, an 800% increase year over year. Launched in 2017 by Joshua Motta and John Hering, Coalition operates in the United States and Canada. Its stated plans include accelerating scale and expanding into new insurance lines to address increasing cyber threats. The company has also secured long-term capacity commitments from Swiss Re and Arch Insurance. Coalition provides cyber insurance and security by combining comprehensive insurance with proactive cybersecurity tools such as automated security alerts, threat intelligence, and expert guidance. Its platform is designed to help businesses manage and mitigate cyber risk through prevention, incident response, and recovery. The company offers up to $15 million of cyber and technology insurance coverage across all 50 U.S. states and the District of Columbia, and CAD $20 million of coverage across nine provinces and three territories in Canada. Coalition serves over 42,000 customers and provides no-cost cybersecurity tools, security and incident response services, and comprehensive insurance. Founded in 2017 and headquartered in San Francisco, the company plans to use new funds to accelerate growth, expand globally, and extend its product line. As reported, Coalition raised $175M in the latest financing at a $1.75B valuation and has raised $300M in equity funding from investors including Index Ventures, General Atlantic, Ribbit Capital, Vy Capital, Hillhouse Capital, and Valor Equity Partners. Coalition builds and sells cybersecurity insurance products distributed primarily through insurance brokers. The company reported rapid customer growth to 25,000 customers, a figure up 600% year-over-year. Coalition sells its insurance via a growing broker network (it appointed over 1,000 new brokers) while growing its internal sales and marketing team from 5 to 13. Leadership said the company has made 20 hires since March and anticipates roughly 100 more hires over the next 12 months as it scales. Coalition plans geographic expansion into Canada next, followed by the UK, Europe and Australia. Financially, the company has raised equity capital over multiple rounds and recently completed a large Series C that drove its valuation toward the unicorn threshold. Coalition provides comprehensive cyber insurance and integrated cybersecurity tools that include automated security alerts, threat intelligence, expert guidance, and incident response. Its internet-scale data platform analyzes hundreds of millions of data points to assess organizations’ risk within minutes. Coalition offers up to $10 million of cyber and technology insurance coverage, backed by A+/A‑rated insurers Swiss Re Corporate Solutions and Argo Group. The company serves a range of customers including technology firms, investment firms, retailers, banks, manufacturers, non-profits, and healthcare providers. With the new funding, Coalition plans to expand its global platform and scale its risk-management tooling to provide cybersecurity tools to any organization for free. The company also intends to triple its engineering and incident response teams over the next year and recently appointed Leon Rishniw as Head of Engineering. Coalition is headquartered in San Francisco.

Total raised

$770M

Funding rounds

6

Latest round

Series F

Latest activity

Jul 2022