1 September 2020, London, UK – CyberCube, the leading cyber analytics provider for the insurance industry, has been recognised in this year’s CB Insights Fintech 250 List of Fastest-Growing Fintech Start-ups.
The list, published for the third time, spotlights emerging private companies working on groundbreaking financial technology.
Pascal Millaire, CyberCube’s CEO, said: “We’re proud to have been included in CB Insights’ Fintech 250. This is a global listing highlighting some of the most exciting and important work taking place in the financial services sector.
“This is recognition of the hard work of our teams around the world and our drive to support the insurance industry as it strives to respond to the new frontier of cyber risk. Ultimately, our aim is to transform the insurance sector’s understanding of cyber risk through our people’s expertise and innovative technology.”
CB Insights CEO Anand Sanwal said: “We’re proud to, once again, recognise the 250 best private fintech companies globally. This year’s Fintech 250 represents 25 countries and spans 19 categories, reimagining everything from retail banking and crypto, to insurance and asset management.
“The previous Fintech 250 class raised more than $22 billion in investor financing and saw more than 20 exits after being recognised, and we expect this year’s class will have similar success as they continue to transform how people and businesses spend, save, borrow, and invest their money.”
Through an evidence-based approach, the CB Insights Intelligence Unit selected the Fintech 250 from a pool of 16,000 companies, including applicants and nominees, based on several factors. These factors include patent activity, investor quality, news sentiment analysis, proprietary Mosaic scores, market potential, partnerships, competitive landscape, team strength, and tech novelty. The Mosaic Score, based on CB Insights’ algorithm, measures the overall health and growth potential of private companies to help predict a company’s momentum.
CyberCube’s market-leading risk analytics technology allows insurance sector organisations to understand their exposure – and their clients’ – to cyber threats such as hacking and cloud failures.
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CyberCube delivers the world’s leading cyber risk analytics for the insurance industry. With best-in-class data access and advanced multi-disciplinary analytics, the company’s Software-as-a-Service platform helps insurance companies make better decisions when underwriting or advising on cyber risk and managing cyber risk aggregation.
CyberCube’s enterprise intelligence layer provides insights on millions of companies globally and includes modeling on thousands of points of technology failure. The CyberCube platform was established in 2015 within Symantec and now operates as a standalone company exclusively focused on the insurance industry, with access to an unparalleled ecosystem of data partners and backing from ForgePoint Capital, HSCM Bermuda, MTech Capital and individuals from Stone Point Capital. For more information, please visit www.cybcube.com or email firstname.lastname@example.org
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