What is Envelop Risk?
Envelop Risk operates as a data-driven underwriting firm focused on specialty cyber and emerging risks. Based in London, United Kingdom, the company leverages advanced data analytics to provide comprehensive insurance solutions for evolving global threats. Its establishment in the market signifies a commitment to addressing the intricate and often unpredictable landscape of modern corporate risks, offering tailored policies for cyber liabilities and other emergent 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 MS Amlin plc, Dymon Asia Ventures, and Alpha Intelligence Capital
Series B (2021): $130M led by SoftBank Group
Key Investors in Envelop Risk
SoftBank Group
SoftBank Group Corp. is a global technology holding company driving innovation across telecommunications, internet services, artificial intelligence, smart robotics, IoT, and clean energy technologies. Through its diverse portfolio of companies and strategic investments, including leading semiconductor IP providers, SoftBank Group supports the development and scaling of transformative technologies worldwide.
Dymon Asia Ventures
Established in 2008, Dymon Asia is headquartered in Singapore. They are an alternative investment management firm with services including macro strategies, multi-strategy investment funds, private equity, and more.
MS Amlin plc
Undisclosed investor participating in the funding round.
What's next for Envelop Risk?
The recent major strategic investment in Envelop Risk signals a pivotal moment for the company, likely enabling accelerated expansion of its underwriting capabilities and technological infrastructure. This capital infusion is expected to bolster its market presence, allowing for deeper penetration into global specialty cyber and emerging risk sectors. The company is poised to enhance its data analytics platforms and broaden its product offerings to meet the escalating demand for sophisticated risk management solutions.
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