Summary
Industry
Insights
Stoïk has strong potential due to its focus on providing cyber insurance tailored for small and medium-sized enterprises (SMEs), a group often overlooked by traditional insurers. By addressing SMEs' unique needs, Stoïk offers an advantage over general insurance or self-management of cyber risks, which may be inadequate. Backed by investors like A16Z and Kima Ventures, Stoïk has the credibility and financial support needed for growth and innovation. Given the rise in cyberattacks, the demand for dedicated cyber insurance is likely to increase, positioning Stoïk to capture a significant market share. This focus on financial protection, business continuity, and reputation safeguarding makes Stoïk appealing for SMEs aiming to mitigate cyber threats.
Investors
- A16Z Series B
- Munich Re Ventures Series B
- A16Z Series A
- Anthemis Series A
- Alven Capital Series A
- Anthemis Seed
- Alven Capital Seed
- Kima Ventures Seed
- Kima Ventures Seed
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