.Cyber insurance coverage company Cowbell has increased $60 million in Series C backing coming from Zurich Insurance coverage Team, taking the total raised by the provider to over $200 million.Founded in 2019, the Pleasanton, CA-based company provides small and medium-sized organizations (SMEs) along with adaptive cyber insurance coverage, powered through its AI-assisted, ongoing underwriting platform.SMBs may utilize the company's Cowbell Element ranking index to evaluate their cyber risk as well as receive the insurance coverage that matches their protection threats..Cowbell, which seeks to safeguard as well as enlighten SMBs coming from existing and surfacing dangers, delivers cyber danger precautions, constant danger analysis, a closed-loop technique to risk monitoring, as well as costs incentives for policy makers to enhance their protection stance.The provider intends to utilize the brand-new investment to size functions, expand to crucial international markets, offer brand-new items, as well as reinforce its own partnerships.Additionally, it will definitely take advantage of the latest developments in AI and generative AI to broaden its technological framework." With an enhanced pay attention to item development, our team will certainly accelerate our attempts to supply innovative as well as reliable cyber insurance remedies to SMEs and mid-market companies worldwide, guaranteeing they possess the defense and resources they require to browse the climbing dangers in the developing cyber landscape," Cowbell founder and also chief executive officer Jack Kudale pointed out.Cowbell possesses staff members in the US, Canada, the UK, and also India as well as provides cyber insurance policy to SMBs in every fifty US conditions, the Area of Columbia, and also the UK.Advertisement. Scroll to proceed analysis.Associated: ZeroTier Elevates $13.5 Thousand in Set A Funding.Related: Vanta Increases $150 Thousand at $2.45 Billion Appraisal.Related: Linx Protection Increases $33M to Gear Digital Identification Threats.Related: Data Protection Company Cyberhaven Raises $88 Million at $488 Million Assessment.