.Cyber insurance policy company Cowbell has actually raised $60 million in Set C financing from Zurich Insurance Group, carrying the complete increased due to the provider to over $200 million.Founded in 2019, the Pleasanton, CA-based firm delivers little and also medium-sized companies (SMEs) along with adaptive cyber insurance, powered through its AI-assisted, continuous underwriting platform.SMBs can easily use the company's Cowbell Variable rating mark to examine their cyber threat and also receive the insurance protection that matches their safety dangers..Cowbell, which finds to protect as well as inform SMBs coming from existing and also arising risks, provides cyber threat precautions, continuous threat evaluation, a closed-loop technique to take the chance of monitoring, as well as premium motivations for policy creators to strengthen their protection stance.The firm plans to use the new financial investment to scale procedures, expand to vital global markets, launch brand-new items, as well as strengthen its alliances.In addition, it is going to utilize the most up to date improvements in artificial intelligence and also generative AI to extend its technical facilities." With a processed concentrate on item growth, our company are going to accelerate our attempts to deliver state-of-the-art as well as dependable cyber insurance coverage remedies to SMEs as well as mid-market services around the globe, ensuring they possess the security and tools they need to have to get through the increasing hazards in the advancing cyber landscape," Cowbell owner and also chief executive officer Jack Kudale said.Cowbell possesses staff members in the US, Canada, the UK, as well as India and also gives cyber insurance to SMBs with all 50 US conditions, the Area of Columbia, and the UK.Advertisement. Scroll to proceed analysis.Connected: ZeroTier Raises $13.5 Thousand in Set A Financing.Associated: Vanta Raises $150 Thousand at $2.45 Billion Valuation.Related: Linx Protection Increases $33M to Implements Digital Identification Threats.Connected: Information Surveillance Company Cyberhaven Elevates $88 Thousand at $488 Thousand Appraisal.