Stoïk raises $4.3 million

Stoïk, the French startup combining cyber insurance and a security software, has closed a $4.3 million seed round from Alven Capital, Anthemis Group, Kima Ventures, and several angels including Raphaël Vullierme, the co-founder and CEO of Luko.

Founded in 2021, Stoïk targets SMEs with under €50 million in annual revenue, offering a security software to continuously mitigate their level of risk and insurance, which is provided by digital insurer Acheel.

The startup’s software runs security scans every week on behalf of a business and if a threat is detected, the client is notified and a team of experts is ready to assist.

According to LinkedIn, Stoïk is a team of ~10.