DynaRisk, a cyber risk management company based in London, announced the completion of a $4.7 million funding round led by YFM Equity Partners, aimed at accelerating product innovation and expanding its international operations.
Founded in 2016, DynaRisk provides cybersecurity solutions based on advanced threat intelligence, equipping insurance companies, brokers, and their clients — from individuals and families to small and medium-sized enterprises — with tools and data to effectively address the growing cyber insurance market.
The company’s SaaS platform includes features such as vulnerability scanning, dark web monitoring, cybersecurity scoring, training, and personalized risk remediation guidance. DynaRisk’s solutions are integrated into insurance packages, helping insurers, underwriters, and claims teams increase premiums, improve underwriting processes, enhance policyholder engagement, and reduce claims and loss ratios through cyberattack prevention.
DynaRisk CEO Andrew Martin emphasized that demand for cyber insurance is rapidly increasing as consumers and SMEs face serious threats in the digital space. With experience working with major banks, Martin’s vision was to make advanced and typically expensive cybersecurity solutions accessible to a wider audience via the insurance sector.
Additionally, DynaRisk announced the addition of serial entrepreneur Phil Zeidler to its board, known for his successes in the insurtech industry.
This funding will enable the company to expand its commercial and technical operations across Europe, the Middle East and Africa (EMEA), North America, and the Asia-Pacific region. Currently, DynaRisk supports over 25 insurance clients worldwide, covering approximately 2.4 million consumers and 800,000 SMEs.
Matt Gordon-Smith, Investment Director at YFM Equity Partners, noted that DynaRisk has developed an impressive platform and client base in one of the fastest-growing segments of the insurance market. With escalating cyber threats, DynaRisk occupies a key position as a provider of innovative solutions that help insurers add real value for their policyholders.
Overall, DynaRisk aims to bridge the gap between complex cybersecurity technologies used by large organizations and the need for accessible and functional solutions that can be widely applied in the insurance sector and the SME market.