Measured Analytics and Insurance raises new funding

Salt Lake City-based cyber insurance provider Measured Analytics and Insurance closed its second round of funding led by Signal Peak Ventures and joined by Origin Ventures, Royal Street Ventures, Silicon Valley Data Capital, and AV8 Ventures.

Founded in 2018, Measured’s CyberGuard insurance solution is now available to small and medium-sized businesses in the US seeking customized cyber coverage tailored to their unique risks. It is distributed through its licensed wholesale broker networks.

“Measured is coming to market with data-driven cyber insurance tailored to cover the real risks small and medium enterprises face. We are backed by the highest-rated reinsurance partners to offer industry-leading insurance solutions. The market needs experienced insurance and cyber professionals to combat the rise of ransomware.” – Jack Vines, CEO of Measured.

“Measured Insurance is reimagining cyber insurance in a way that gives peace of mind after a loss, but also peace of mind going forward: their CyberGuard solution, predictive analytics, and incident response services enable organizations to prepare for, manage, and respond to risks.” – Ben Dahl, Managing Partner at Signal Peak.

“We could not be more delighted to partner with Jack Vines and the Measured team. With the rise of ransomware, the market needs a true industry-leading analytic cyber insurance offering.” – Baris Askoy, General Partner at AV8 Ventures.