.Cyber insurance policy agency Cowbell has increased $60 million in Set C backing coming from Zurich Insurance policy Team, taking the complete raised by the firm to over $200 thousand.Founded in 2019, the Pleasanton, CA-based business gives small and also medium-sized companies (SMEs) with flexible cyber insurance coverage, powered through its AI-assisted, continuous underwriting platform.SMBs may make use of the business's Cowbell Factor ranking mark to examine their cyber threat and obtain the insurance coverage that matches their security threats..Cowbell, which seeks to secure as well as inform SMBs from existing and also surfacing threats, delivers cyber risk alerts, continuous threat assessment, a closed-loop approach to jeopardize administration, and costs rewards for plan producers to improve their safety viewpoint.The company plans to make use of the brand new assets to scale operations, increase to essential global markets, introduce brand-new products, and also strengthen its collaborations.In addition, it is going to make use of the current improvements in artificial intelligence and generative AI to extend its own technical facilities." With a refined concentrate on product development, we are going to increase our initiatives to deliver advanced as well as reliable cyber insurance services to SMEs and mid-market organizations around the globe, guaranteeing they have the protection and resources they require to navigate the increasing hazards in the developing cyber garden," Cowbell founder as well as chief executive officer Port Kudale claimed.Cowbell has staff members in the US, Canada, the UK, and also India as well as delivers cyber insurance policy to SMBs in all 50 US states, the District of Columbia, and also the UK.Advertisement. Scroll to carry on reading.Related: ZeroTier Lifts $13.5 Million in Set A Backing.Related: Vanta Elevates $150 Thousand at $2.45 Billion Valuation.Associated: Linx Protection Raises $33M to Outfit Digital Identity Threats.Associated: Data Safety And Security Firm Cyberhaven Elevates $88 Thousand at $488 Thousand Valuation.