Tech Company Financing Transactions
CyberFortress Funding Round
CyberFortress, operating out of San Antonio, scored $3 million from Greycroft Partners, LiveOak Venture Partners and private investors.
Transaction Overview
Company Name
Announced On
9/26/2019
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Investors
Greycroft Partners (Lead Investor)
LiveOak Venture Partners (Lead Investor) (Venu Shamapant)
Proceeds Purpose
The funds will be used to expand its product development team in order to accelerate its product launch in the Texas market, which is anticipated for early 2020.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
110 E Houston St. 209
San Antonio, TX 78205
USA
San Antonio, TX 78205
USA
Phone
Website
Email Address
Overview
CyberFortress is an insuretech startup based in San Antonio, TX. We're building a new kind of online business interruption policy designed for small business. Narrowly-focused and parametric in nature, this policy will begin paying out within 24 hours of a cyber incident - providing valuable cash-on-hand to help our customers weather the immediate storm.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Huw Edwards
Chief Technical Officer
Michael DeFelice
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