Cyberboxx

Toronto, Canada Founded: 2018 • Age: 8 yrs
Online cyber insurance platform for small medium businesses
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About Cyberboxx

Cyberboxx is a company based in Toronto (Canada) founded in 2018 by Mike Senechal.. Cyberboxx has raised $10 million across 1 funding round from investors including Zurich, Cyber Mentor Fund and SixThirty. Cyberboxx has completed 1 acquisition, including Templarbit. Cyberboxx offers products and services including Cyberboxx. Cyberboxx operates in a competitive market with competitors including Coalition, SecurityScorecard and BOXX Insurance, among others.

  • Headquarter Toronto, Canada
  • Founders Mike Senechal
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Boxx Insurance Inc.
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $10 M (USD)

    in 1 rounds

  • Latest Funding Round
    $10 M (USD), Series A

    Sep 22, 2021

  • Investors
    Zurich

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Cyberboxx

Cyberboxx offers a comprehensive portfolio of products and services, including Cyberboxx. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Product for protecting against cyber risks and threats.

Funding Insights of Cyberboxx

Cyberboxx has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $10.0M
  • First Round

    (22 Sep 2021)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2021 Amount Series A - Cyberboxx Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Cyberboxx

Cyberboxx has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Zurich, Cyber Mentor Fund and SixThirty. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Cyber Mentor Fund is focused on mentoring and funding cybersecurity startups.
Founded Year Domain Location
Venture capital firm focused on multiple sectors
Founded Year Domain Location
Global insurance services are offered to individuals and businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cyberboxx

Cyberboxx has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Templarbit. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based security solutions for websites and web applications are provided.
2017
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Cyberboxx

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cyberboxx Comparisons

Employees
+
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Competitors of Cyberboxx

Cyberboxx operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Coalition, SecurityScorecard and BOXX Insurance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Online property and casualty insurance is provided for businesses.
domain founded_year HQ Location
Cloud-based security ratings and cybersecurity risk solutions are offered.
domain founded_year HQ Location
Provider of cyber insurance and risk management solutions
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cyberboxx

Frequently Asked Questions about Cyberboxx

When was Cyberboxx founded?

Cyberboxx was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Cyberboxx located?

Cyberboxx is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Is Cyberboxx a funded company?

Cyberboxx is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Sep 22, 2021.

What does Cyberboxx do?

Cyberboxx was founded in 2018 in Toronto, Canada, within the insurance technology sector. An online platform is maintained to deliver cyber insurance tailored to small and medium businesses, covering risks such as data hacking, breaches, and security incidents. Quoting and binding tools are supplied to insurance brokers, while subscription-based policies are issued to facilitate accessible coverage across operations.

Who are the top competitors of Cyberboxx?

Cyberboxx's top competitors include Coalition, SecurityScorecard and BOXX Insurance.

What products or services does Cyberboxx offer?

Cyberboxx offers Cyberboxx.

How many acquisitions has Cyberboxx made?

Cyberboxx has made 1 acquisition, including Templarbit.

Who are Cyberboxx's investors?

Cyberboxx has 3 investors. Key investors include Zurich, Cyber Mentor Fund, and SixThirty.

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