- DynaRisk, a London, UK-based raised an extension of the seed funding round, bringing total funding to over $3m
- This round led by Nexus Investments with participation from existing investors Insurance Capital Partners and Jonathan Marland
- The company originally backed by London based Cylon Lab
- The company also intends to use the funds for working capital and to start facilitating the entry into the North American markets
- Led by Andrew Martin, Founder & CEO, DynaRisk has built cyber security risk management tools for SME businesses and consumers
- The company’s Breach Defence and Cyber Xpert products help users stay safe from cyber attacks while helping insurers reduce claims, improve client retention and obtain valuable risk data