Coalition Inc., the developer of “technology-enabled cyber insurance solutions,” has announced that it has raised $10 million in Series A funding, with notable tech investors pitching in the most recent round.
A release noted that some of the investors in the last financing round include Vy Capital, Ribbit Capital, Valor Equity Partners, Sam Altman (president, Y Combinator), and Deep Nishar (senior managing director, Softbank Vision Fund). Proceeds from the funding will be used to develop Coalition’s engineering team and further expand its cyber risk platform.
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