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New Deal


Announced

Completed

Anthemis Group led a $100 Series B funding round in Cowbell Cyber.

Financials

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Transaction Value£76m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Acquisition

Completed

United States

Cross Border

Venture Capital

Private Equity

Private

cyber insurance

AI insurance

Friendly

Venture Capital

Synopsis

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Anthemis Group, a global platform that cultivates change in the financial system by investing in, growing, and sustaining businesses, led a $100 Series B funding round in Cowbell Cyber, a cyber insurance provider, with participation from Permira Funds, PruVen Capital, NYCA Partners and Viola Fintech. "Since its 2019 inception, Cowbell has delivered on its promise to meet the needs of our policyholders by aligning cyber coverage to their specific exposures, continuously monitoring their rapidly changing threat landscape, and offering access to unique risk mitigation resources. As we position ourselves to lead the 'second wave' of cyber insurance growth, this funding will accelerate our pioneering approach to cyber risk underwriting and drive growth and profitability while closing insurability gaps," Jack Kudale, Cowbell Cyber Founder and CEO.

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