San Francisco California based Coalition is raising $249,999,874.00 in New Equity Investment.
San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Coalition is raising $249,999,874.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Joshua Motta played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Coalition
Coalition is the worlds first Active Insurance company, designed to prevent digital risk before it strikes. The team at Coalition brings together in-depth technology, cybersecurity, and insurance expertise, applying near real-time data to help organizations assess, prevent, and cover an emerging set of digital risks. The results speak for themselves: Coalitions claims report revealed that Coalition Active Cyber policyholders reported 70% fewer claims than the industry average in 2021 as our active insurance worked to detect, monitor and alert policyholders of fast-moving risks. Active Insurance is coverage built for the digital economy where risks move at an accelerated speed and evolve far faster than risks of old. Coalition Active Insurance goes far beyond traditional insurance providing brokers and policyholders personalized profiles of digital risk. This profile is created using Coalitions Active Risk Platform, which analyzes complex sets of public data, threat intelligence, and proprietary claims information to create personalized risk assessments and threat monitoring that goes far beyond traditional insurance.
To learn more about Coalition, visit http://www.coalitioninc.com/
Contact:
Joshua Motta, Chief Executive Officer
833-866-1337
joshua@coalitioninc.com
https://www.linkedin.com/in/joshuamotta/
SOURCE: http://www.intelligence360.io
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