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§ Private Profile · Mountain View, CA, USA
InsurTech company providing cyber insurance and security services to protect small and medium-sized businesses from cyber risks.
Based in San Francisco, California, At-Bay is an InsurTech company that provides cyber insurance policies bundled with active risk monitoring and cybersecurity services for small and medium-sized businesses. Operating primarily as a managing general agent, the specialty insurance provider manages over $380 million in annual recurring premium and currently serves more than 35,000 commercial enterprises. Supported by a workforce of approximately 310 employees across its global offices, the firm reached a $1.35 billion valuation after securing $295.7 million in total venture funding. At-Bay is backed by prominent institutional investors including Lightspeed Venture Partners, Khosla Ventures, Munich Re Ventures, and Acrew Capital, and expanded its technological capabilities by acquiring the digital placement platform Relay in 2022. The enterprise was originally founded in 2016 by co-founders Rotem Iram, Roman Itskovich, Etai Hochman, and Tilli Kalisky.
At-Bay has raised $297.0M across 6 funding rounds.
At-Bay has raised $297.0M in total across 6 funding rounds.
At-Bay has raised $297.0M in total across 6 funding rounds.
At-Bay's investors include Jonathan Kolodny, Lightspeed Venture Partners, Preeti Rathi, Acrew Capital, Amplify Partners, Blumberg Capital, Entrée Capital Ventures, Goldman Sachs, Ignition Partners, Innovation Endeavors, Insight Partners, M12.
At-Bay has raised $297.0M across 6 funding rounds. Most recently, it raised $20.0M Series D Extension in October 2021.
At-Bay is an InsurSec provider that integrates cyber insurance with advanced cybersecurity technology via its Stance™ Unified Security Platform, offering end-to-end prevention, detection, and response for digital risks.[1][2][3] It serves mid-sized companies and enterprises across sectors, solving escalating cyber threats like ransomware, data breaches, and fraud by combining policies such as Cyber Insurance, Tech E&O, and MPL with proactive tools including MDR, exposure management, fraud defense, and security training.[1][3][4] With over 40,000 policyholders, $60B in risk under management, 1.5 million monitored assets, and a 15-minute mean time to remediate threats, At-Bay demonstrates strong growth momentum in a cyber-risk landscape intensified by digital reliance.[3]
Founded in 2016, At-Bay emerged to address failures in traditional cyber risk management, as every business became a digital target vulnerable to catastrophic incidents from cybercriminals.[2] The company was built from the ground up as the "new Operating System for Insurance," blending insurance expertise with technology to continuously monitor, analyze, and advise policyholders rather than relying on one-time assessments.[2] Key early traction came amid rising cyber awareness during COVID-19, driving exponential demand for policies; At-Bay overcame legacy infrastructure limits by migrating to AWS microservices on Amazon EKS, enabling scalability and faster delivery cycles while maintaining stability.[7] Now globally distributed with hubs in Atlanta, New York City, San Francisco, and Tel Aviv, it has evolved into a full-stack insurtech group.[7][9]
At-Bay rides the insurtech wave amid surging cyber threats in a world where all companies are digital, amplified by events like COVID-19 ransomware spikes and AI-driven attacks.[2][7] Timing is ideal as businesses demand unified risk solutions over siloed insurance or security, with market forces like regulatory pressures and rising breach costs ($60B risk under management) favoring proactive models.[3] It influences the ecosystem by partnering with tech leaders like Cloudflare for DDoS protection, enabling lower premiums for secure customers, and empowering SMBs/enterprises to thrive digitally—shifting industry norms from reactive claims to preventive "security that speaks for itself."[3][5]
At-Bay is poised to expand its Stance platform with AI enhancements and broader MDR coverage, capitalizing on escalating cyber incidents to grow policyholders beyond 40,000.[3] Trends like ransomware evolution, cloud proliferation, and regulatory mandates will shape its path, potentially evolving it into a dominant full-stack cyber risk operator influencing insurtech standards.[9] As digital risks intensify, At-Bay's InsurSec fusion positions it to protect even more businesses, turning cyber threats into a competitive edge from its 2016 origins.