What is Coalition?
Founded in 2017 and based in San Francisco, California, Coalition offers a unique blend of specialty software and insurance to protect consumers against data breaches. Their proprietary technology is designed to safeguard critical data stored on customer hard drives, providing a proactive approach to cybersecurity. The company's innovative model addresses the growing threat landscape faced by businesses and individuals alike, positioning it as a key player in the evolving cyber insurance market.
How much funding has Coalition raised?
Coalition has raised a total of $920M across 8 funding rounds:
Unspecified
$40M
Series B
$40M
Series C
$90M
Other Financing Round
$90M
Series D
$175M
Series E
$205M
Series F
$250M
Private Equity
$30M
Unspecified (2019): $40M with participation from Hillhouse Capital Group, Ribbit Capital, and GREENOAKS
Series B (2019): $40M led by Ribbit Capital, Hillhouse Capital, and Greenoaks Capital
Other Financing Round (2020): $90M supported by Valor Equity Partners, Felicis Ventures, and Greyhound Capital
Series C (2020): $90M featuring Felicis Ventures, Valor Equity Partners, and Greyhound Capital
Series D (2021): $175M backed by Index Ventures and General Atlantic
Series E (2021): $205M with participation from Whale Rock Capital Management, Durable Capital Partners, and T. Rowe Price
Series F (2022): $250M led by Valor Equity Partners, Allianz X, and Kinetic Partners
Private Equity (2025): $30M supported by Mitsui Sumitomo Insurance
Key Investors in Coalition
Index Ventures
Index Ventures is a venture firm investing in the next generation of entrepreneurs from seed to IPO, known for backing transformative companies in various sectors.
General Atlantic
General Atlantic is a global growth-equity firm that provides capital and strategic support to high-growth companies, particularly in technology and financial services.
Allianz X
Allianz X is the strategic growth investments arm of Allianz Group, focused on investing in companies with exceptional growth potential in the financial services sector.
What's next for Coalition?
The substantial enterprise-level backing and recent strategic investment signal Coalition's readiness for accelerated scaling and market penetration. This capital will likely be deployed to enhance its technological capabilities, expand its product offerings, and broaden its customer base. The company's focus on integrating software with insurance solutions suggests a continued emphasis on providing comprehensive cyber risk management. Future developments may include strategic partnerships and further technological advancements to stay ahead of emerging cyber threats.
See full Coalition company page
