DynaRisk announced an extension of their seed funding round, bringing total funding to over $3m. This round of funding was led by Nexus Investments with participation from existing investors Insurance Capital Partners and Jonathan Marland. The need for risk management tools for cyber insurance providers is accelerating due to explosive market growth for this type of policy. With the conclusion of this funding round Andrew Martin has relocated from London to Toronto in order to lead the company’s expansion in this new market as it looks towards a Series A in 2021.
Source: https://www.helpnetsecurity.com/2021/02/03/dynarisk-seed-funding/