.Cyber insurance coverage company Cowbell has actually raised $60 million in Set C backing coming from Zurich Insurance coverage Team, delivering the total increased by the firm to over $200 million.Founded in 2019, the Pleasanton, CA-based firm offers little and also medium-sized enterprises (SMEs) along with flexible cyber insurance, powered by its own AI-assisted, ongoing underwriting platform.SMBs may use the provider's Cowbell Factor rating mark to assess their cyber danger and also get the insurance policy coverage that matches their protection risks..Cowbell, which looks for to protect and also teach SMBs coming from existing and also surfacing risks, delivers cyber threat cautions, constant risk evaluation, a closed-loop approach to take the chance of management, and also superior incentives for policy manufacturers to enhance their protection position.The firm plans to utilize the brand-new financial investment to scale functions, extend to essential global markets, introduce new items, as well as boost its collaborations.In addition, it will definitely take advantage of the most recent developments in artificial intelligence and generative AI to extend its own technical facilities." With a processed pay attention to product development, our team will accelerate our efforts to supply innovative as well as efficient cyber insurance services to SMEs and mid-market services globally, guaranteeing they have the defense and also devices they require to browse the climbing dangers in the growing cyber landscape," Cowbell owner and CEO Jack Kudale stated.Cowbell possesses employees in the United States, Canada, the UK, as well as India and offers cyber insurance to SMBs in all fifty US states, the District of Columbia, and also the UK.Advertisement. Scroll to continue analysis.Connected: ZeroTier Raises $13.5 Million in Collection A Financing.Related: Vanta Raises $150 Million at $2.45 Billion Valuation.Related: Linx Protection Increases $33M to Gear Digital Identification Threats.Connected: Information Security Agency Cyberhaven Raises $88 Thousand at $488 Million Assessment.