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Funding
KYND raises GBP 3.25 million in funding
Cyber Insurance
Jan 12
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Cyber Insurance

Cyber Insurance

Jan 12

KYND raises GBP 3.25 million in funding

Funding

  • KYND, a UK-based cyber risk rating startup, has received GBP 3.25 million (USD 4.46 million) from BGF, a UK-based growth capital investor.

  • The funds will be utilized to develop its cyber risk technology for new product launches and to accelerate its growth in the UK and globally.

  • KYND recorded a 1000% growth in annual recurring revenue (ARR) since June 2020 and has entered into partnerships with high-profile insurance and brokerage companies such as Beazley, Howden, Paragon, and Alliant.

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