At-Bay is a cyber insurance provider that helps small and midsize businesses mitigate cyber risk. Founded in 2016, the company combines insurance coverage with proactive cybersecurity monitoring, serving over 30,000 businesses as of 2023. At-Bay's annual recurring gross written premium surpassed $380 million in 2022, up from $160 million in 2021.
The founding team brings together expertise in cybersecurity, insurance, and technology. CEO Rotem Iram previously served as a captain in Israeli Military Intelligence, while Chief Risk Officer Roman Itskovich and other co-founders have backgrounds spanning security, insurance, and software engineering. In 2023, At-Bay acquired a Delaware-based carrier to expand into additional specialty insurance lines.
At-Bay has raised over $200 million to date from investors including Lightspeed Ventures, Khosla Ventures, Icon Ventures, and ION Crossover Partners, achieving a $1.35billion valuation in 2021. The company aims to modernize the cyber insurance market and expand its product offerings.
2016
Founded
250-500
Employees
Series D
Stage
$1.35B
Latest Valuation
$200-400M
Total Funding
Jan 01 2023
Last Fundraise
Why is the rating
Top Previous Employers
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Investors
Khosla Ventures
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