Friday, November 22, 2024
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DynaRisk: Extends Seed Round To $3M

  • 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

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