Coalition, a recent addition to the Prime Unicorn Index, focuses on cybersecurity and cyber insurance. The company offers cyber insurance coverage and proactive cybersecurity tools to help businesses manage and mitigate cyber risks. Coalition’s approach integrates insurance and technology, offering a comprehensive solution to protect businesses from cyber threats. The company’s platform provides real-time threat intelligence, security tools, and ongoing risk management to help businesses prevent and respond to cyber incidents effectively. Coalition’s innovative model aims to simplify the process of obtaining cyber insurance while empowering businesses to enhance their cybersecurity posture, making it a significant player in the cybersecurity and insurance industries.
The company’s unique combination of insurance and proactive cybersecurity measures has garnered attention and investment, positioning Coalition as a critical player in the cybersecurity and insurance sectors. By leveraging technology and data-driven insights, Coalition is committed to providing businesses with the tools and resources needed to safeguard against cyber threats and navigate the complexities of cyber insurance. With a focus on simplifying cyber risk management and offering comprehensive coverage, Coalition is well-positioned to continue its trajectory of growth and make a lasting impact in the cybersecurity and insurance landscape.
Coalition has raised a total of $649.77 million over six rounds, with the most recent being a $221.4 million Series F round on June 24, 2022, that valued the company at $5.31 billion at $21.53 per preferred share. Investors include Allianz X, Valor Equity Partners, Kinetic Capital Partners, Index Ventures, General Atlantic, Ribbit Capital, Greenoaks Capital, Hillhouse Capital, Greyhound Capital, and Felicis Ventures.
Since its last round, Coalition has been marked down 12.63% to a valuation of $4.64 billion due to two consecutive EPEN filings on July 26, 2022, and August 11, 2023, that indicate a decrease in the price of common shares offered to company executives.
See how Coalition has performed against the Prime Unicorn Index below.