.Cyber insurance agency Cowbell has raised $60 million in Series C financing coming from Zurich Insurance coverage Team, delivering the overall increased due to the business to over $200 million.Founded in 2019, the Pleasanton, CA-based firm supplies small as well as medium-sized companies (SMEs) with flexible cyber insurance, powered by its own AI-assisted, continual underwriting system.SMBs can use the company's Cowbell Aspect rating mark to examine their cyber danger and also get the insurance policy coverage that matches their safety and security hazards..Cowbell, which finds to guard as well as educate SMBs from existing as well as developing hazards, offers cyber threat alerts, ongoing risk assessment, a closed-loop method to take the chance of control, and fee motivations for policy manufacturers to enhance their protection stance.The firm organizes to use the brand new investment to scale functions, extend to essential international markets, launch new items, and also boost its own partnerships.In addition, it will take advantage of the most up to date developments in AI and also generative AI to extend its own technological infrastructure." With a polished concentrate on product development, our company will definitely accelerate our initiatives to supply state-of-the-art and dependable cyber insurance policy options to SMEs as well as mid-market services worldwide, ensuring they have the security and also resources they need to get through the rising hazards in the evolving cyber landscape," Cowbell owner and also chief executive officer Port Kudale stated.Cowbell has staff members in the US, Canada, the UK, and India and supplies cyber insurance to SMBs in all fifty US states, the Area of Columbia, and also the UK.Advertisement. Scroll to continue analysis.Associated: ZeroTier Raises $13.5 Million in Series A Financing.Connected: Vanta Raises $150 Million at $2.45 Billion Appraisal.Connected: Linx Surveillance Increases $33M to Implements Digital Identity Threats.Connected: Data Protection Company Cyberhaven Raises $88 Million at $488 Million Appraisal.