Total amount raised
$800 Millions
Latest funding date
Location
Coalition has successfully raised significant funding through multiple rounds, securing backing from prominent investors such as Mitsui Sumitomo Insurance Company and Valor Equity Partners. The company specializes in providing cyber insurance and security tools designed to help businesses manage and mitigate cyber risks.
Keep reading to explore the intricacies of Coalition's fundraising journey and the investors supporting this innovative platform.
What Is Coalition?
Founded in 2017, Coalition is a San Francisco-based company specializing in cyber insurance and cybersecurity services. The company was established by John Hering and Joshua Motta.
Coalition offers a range of products designed to help businesses manage and mitigate cyber risks, including comprehensive insurance and proactive cybersecurity tools. Their services are available in the US and Canada, with security products offered globally.
With a team of 501-1000 employees, Coalition combines insurance with an Active Risk Platform that provides automated security alerts, threat intelligence, and expert guidance to ensure businesses remain resilient against cyber threats.
How Much Funding Has Coalition Raised?
- Series A
- Amount Raised: $10M
- Date: March 2018
- Lead Investors: Ribbit Capital, Valor Equity Partners, Vy Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop and launch their initial cyber insurance and security products.
- Series B
- Amount Raised: $25M
- Date: May 2019
- Lead Investors: Ribbit Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their market presence and enhance product offerings.
- Secondary Market
- Amount Raised: $15M
- Date: May 2019
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to early investors and employees.
- Series C
- Amount Raised: $90M
- Date: May 2020
- Lead Investors: Valor Equity Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and invest in technology development.
- Series D
- Amount Raised: $175M
- Date: March 2021
- Lead Investors: Index Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and expand into new markets.
- Series E
- Amount Raised: $205M
- Date: September 2021
- Lead Investors: Durable Capital Partners, T. Rowe Price, Whale Rock Capital Management
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance product capabilities and expand globally.
- Series F
- Amount Raised: $250M
- Date: July 2022
- Lead Investors: Allianz X, Kinetic Partners, Valor Equity Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop their Active Risk Platform and increase market penetration.
- Private Equity Round
- Amount Raised: $30M
- Date: March 2025
- Lead Investors: Mitsui Sumitomo Insurance Company
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance access to cyber insurance solutions globally.
Total Amount Raised: $800M. Current Valuation: Not publicly disclosed.
Key Investors
- Mitsui Sumitomo Insurance Company
- Details: Mitsui Sumitomo Insurance Company is a major non-life insurer based in Japan and a subsidiary of MS&AD Insurance Group. They focus on providing comprehensive insurance solutions and risk management services.
- Investment Focus Areas: Insurance, financial services, risk management.
- Notable Investments: Not publicly disclosed.
- Valor Equity Partners
- Details: Valor Equity Partners is a leading investment firm that partners with companies across various stages of growth. They are known for their strategic investments in technology and consumer sectors.
- Investment Focus Areas: Technology, consumer, healthcare, industrial sectors.
- Notable Investments: Not publicly disclosed.
- Index Ventures
- Details: Index Ventures is a global venture capital firm that invests in technology-driven companies. They have a strong track record of supporting innovative startups and scaling businesses.
- Investment Focus Areas: Technology, software, e-commerce.
- Notable Investments: Dropbox, Slack, Robinhood.
- Durable Capital Partners
- Details: Durable Capital Partners is an investment firm that focuses on long-term growth opportunities. They invest in both public and private markets, emphasizing sustainable business models.
- Investment Focus Areas: Technology, financial services, consumer goods.
- Notable Investments: Not publicly disclosed.
- Allianz X
- Details: Allianz X is the digital investment unit of Allianz Group, one of the world's leading insurers and asset managers. They invest in digital growth companies that are part of the Allianz ecosystem.
- Investment Focus Areas: InsurTech, fintech, healthtech.
- Notable Investments: Lemonade, N26, WeLab.
What's Next for Coalition?
With the recent $30 million investment from Mitsui Sumitomo Insurance, Coalition is poised to expand its Active Insurance offering globally. This partnership opens doors to new markets, including the US, UK, Canada, Australia, and Germany, enhancing their position as a leader in cyber insurance.
Future fundraising opportunities seem promising, given the strategic importance of their collaboration with MS&AD. However, Coalition may face challenges integrating their solutions with existing infrastructures and navigating regulatory environments in new markets. Maintaining a competitive edge in the rapidly evolving cybersecurity landscape will also be crucial.
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