Companies
/
Coalition

Cybersecurity
Coalition is a San Francisco-based cyber insurance company that combines insurance coverage with proactive cybersecurity monitoring and risk mitigation tools for its policyholders.
Create an account to view live offerings, pricing, and market activity.
Sign in to view offerings and live market activity.
Coalition was founded in 2017 by Joshua Motta and John Hering, based on the thesis that cyber insurance, historically sold much like other traditional insurance lines with underwriting based primarily on lengthy self-reported questionnaires and limited ongoing engagement with policyholders between renewal periods, could be reimagined as an "active insurance" model that combines financial protection against cyber losses with proactive security tools and services designed to actually help prevent breaches from happening in the first place, an approach the founders argued would be both a better outcome for policyholders and a way to improve loss ratios for the insurer. Coalition's model includes continuous, non-intrusive scanning of policyholders' internet-facing infrastructure to identify vulnerabilities and misconfigurations, proactively alerting customers to security issues discovered through this monitoring, and providing access to security tools and incident response resources as part of the insurance relationship rather than only after a breach has already occurred and a claim is being filed. This proactive security bundling has become an important differentiator in a cyber insurance market that has faced significant loss volatility in recent years as ransomware attacks and other cyber incidents have grown more frequent and costly, making insurers increasingly focused on risk reduction rather than purely risk transfer. Coalition distributes its cyber insurance policies primarily through a network of independent insurance brokers and agents rather than direct-to-consumer sales, giving brokers a differentiated, technology-forward cyber product to offer their small and mid-sized business clients, a segment that has faced increasing ransomware targeting but often lacks dedicated in-house security teams. The company has grown its policyholder base substantially across the U.S. and other markets and has raised very substantial venture funding from investors including Durable Capital Partners, Whale Rock Capital, and Index Ventures, reaching a valuation exceeding $5 billion, competing with other technology-forward cyber insurance providers such as At-Bay and Cowbell Cyber.
FOR QUALIFIED INSTITUTIONAL AND ACCREDITED INVESTORS ONLY: Under federal securities laws, private market investments on this platform are available exclusively to Institutional and Accredited Investors. Verification of status required before investing. Private investments involve significant risks including illiquidity, potential loss of principal, and limited disclosure requirements. "Augment" refers to Augment Markets, Inc. and its affiliates. Augment Markets, Inc. is a technology company offering software and data services, not a bank or financial institution. Cash Accounts are provided by Modern Treasury Corp. financial institution partners and through Augment's technology. Augment does not act as a money services business, provide money transmission, or serve as a custodian of funds. Funds held in your Cash Account are not FDIC insured unless expressly disclosed. Full terms available in the Augment Cash Account Agreement. Brokerage services are offered through Augment Capital, LLC, an affiliated broker-dealer and member FINRA/SIPC. "Investment accounts" are not brokerage accounts and do not hold customer funds or securities. Investment advisory services are offered through Augment Advisors, LLC, an SEC-registered investment adviser. Registration with the SEC does not imply a certain level of skill or training. Neither Augment Advisors, LLC nor Augment Capital, LLC provide legal or tax advice; consult your attorney or tax professional regarding your specific situation. For additional information, please refer to Augment Advisors, LLC's Form ADV Part 2A (Firm Brochure) and FINRA BrokerCheck.