About Mitigata
Mitigata is a Financial Services company based in Bengaluru (India) founded in 2021 by Sarthak Dubey, Mohit Anand, Akshit Kaushik, and Mayank Morya. Cyber insurance and cybersecurity solutions are provided to diverse users. Mitigata has raised $22.08 million across 4 funding rounds from investors including Nexus Venture Partners, Z Nation Lab and WEH Ventures. The company has 33 employees. Mitigata was last valued at $2.09 million in June 2022. Its chief executive, as recorded, is Mohit Anand. Its website mitigata.com draws about 21 thousand monthly visits. Its Indian entity Mitigata Insurance Brokers Private Limited reported revenue of ₹30.2 Lakh. Mitigata offers products and services including Smart Cyber Insurance, Directors & Officers Liability Insurance, Compliance Services, and Digital Forensics and Incident Response. Its focus areas include FinTech, Insurance IT, Data and Monitoring Solutions and Usage-based.
Company details
Provider of cyber insurance and cybersecurity solutions. Its offerings include cyber insurance policies tailored for different user groups, such as businesses of all sizes, individual consumers, families, and corporate executives. It provides coverage for expenses such as legal fees, customer notifications, credit monitoring services, and more. It offers digital assets monitoring solutions including hacker damages, insider threats, and loss of business. It also provides protection to individuals from scams and frauds. Offers vigilance over digital assets, comprehensive security shield. Secure IP, endpoints, apps, domains, third-party connections, and many more.
- Headquarters Bengaluru, India
- Employees 33
- Founders Sarthak Dubey, Mohit Anand, Akshit Kaushik, Mayank Morya
- Stage Minicorn
- SectorsFinancial Services
- Website category Finance · Accounting and Auditing
- Email••••••••
- Phone•••• ••••
- Website mitigata.com
- Social LinkedIn X Instagram
- Legal Name Mitigata Insurance Brokers Pvt. Ltd.
- Date of Incorporation 22 Mar, 2024
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹30.2 Lakh
FY 2025
- Net Profit₹12.3 Lakh
FY 2025 · 41% margin
- EBITDA₹17 Lakh
FY 2025 · 56% margin
- Total Equity Funding$22.08M (USD)
in 4 rounds
- Latest Funding Round$15M (USD), Series B
Jun 2026
- InvestorsNexus Venture Partners
& 28 more
- Employee Count33
Associated legal entities of Mitigata
Mitigata is associated with 3 registered companies on The Company Check; the primary company is Mitigata Insurance Brokers Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mitigata Insurance Brokers Private Limited CIN U66220KA2024PTC186580 | Active | 22 Mar 2024 | Bangalore, Karnataka | ₹0.3 Cr | 4 | View details | |
| Alphawave Technologies Private Limited CIN U72900KA2021PTC150151 | Active | 30 Jul 2021 | Bangalore, Karnataka, India | View details | |||
| Alphawave Technologies Private Limited CIN U62099KA2021PTC150151 | Active | 30 Jul 2021 | Bangalore, Karnataka | ₹3.5 Cr | 32 | 3 | View details |
Products & Services of Mitigata
Mitigata offers a comprehensive portfolio of products and services, including Smart Cyber Insurance, Directors & Officers Liability Insurance, Compliance Services, and Digital Forensics and Incident Response.
Protects businesses from cyber threats and financial losses.
Safeguards executives from legal and cyber risks.
Ensures regulatory compliance like GDPR and HIPAA.
Detects and responds to data breaches and threats.
Funding Insights of Mitigata
Mitigata has successfully raised a total of $22.08M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in June 2026. 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 $22.08M
- Total Rounds 4
- Last Round Series B — $15M
- First Round $219,317
(Jun 2022)
- Investors Count 29
All 4 funding rounds of Mitigata with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2026 | $15M | Series B | – | Bessemer Venture Partners | |
| Aug 2025 | $5.9M | Series A | – | Nexus Venture Partners | |
| Jan 2024 | $961,925 | Seed | – | WEH Ventures | |
| Jun 2022 | $219,317 | Seed | $2.09M | PointOne Capital |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2022 | $2.09M | •••••••• |
Last known valuation $2.09M (Jun 2022). 29 investors in total: 8 institutional and 21 angel.
Investors in Mitigata
Mitigata has secured backing from 29 investors, including venture fund and angel investors. Prominent investors backing the company include Nexus Venture Partners, Z Nation Lab and WEH Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund investing in pre-seed tech startups with support services. | 2020 | pointone.capital | Bengaluru, India | |
Startup accelerator | 2016 | znationlab.com | Cupertino, United States | |
Venture capital firm that partners with entrepreneurs for product-first companies. | 2006 | nexusvp.com | Menlo Park, United States | |
Investments are made in early-stage companies by Titan Capital. | titancapital.vc | Gurugram, India | ||
Provision of seed capital and support to early-stage founders solving India-centric problems. | 2017 | wehventures.com | Mumbai, India | |
Tech startups are invested in by the venture capital fund. | ||||
Incubation and support for startups in technology and innovation in the Himalayan region. | iitmandicatalyst.in | |||
| bvp.com | ||||
KK Kushal Khandwala | Angel investor and entrepreneur, co-founder of KredX, focused on fintech | unknown_8eb409f2587d494bb | ||
RS Rajnish Sinha | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_9bd8256b447e43d18 |
Investor details for Mitigata
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Mitigata Insurance Brokers Private Limited (Mitigata)
Mitigata Insurance Brokers Private Limited is the primary company behind Mitigata. The boards of the 2 registered companies of Mitigata currently have 4 directors; the longest-serving is Mohit Anand, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohit Anand DIN 09261307 | Director | 30 Jul 2021 | 5 yrs 3 mo | Alphawave Technologies Private Limited, Mitigata Insurance Brokers Private Limited |
| Mayank Morya DIN 09261308 | Director | 30 Jul 2021 | 5 yrs 3 mo | Alphawave Technologies Private Limited, Mitigata Insurance Brokers Private Limited |
| Sarthak Dubey DIN 09261309 | Director | 30 Jul 2021 | 5 yrs 3 mo | Alphawave Technologies Private Limited, Mitigata Insurance Brokers Private Limited |
| Akshit Kaushik DIN 11016450 | Additional Director | 26 Mar 2025 | 1 yr 7 mo | Mitigata Insurance Brokers Private Limited |
People of Mitigata
9 people are tracked at Mitigata (6 in leadership, 3 in team); the tracked headcount is 33.
| Name | Role | Group |
|---|---|---|
| Co-Founder & COO | Leadership | |
| Co-Founder & CEO | Leadership | |
| Co-Founder & Principal Officer & CBO | Leadership | |
| Co-Founder & CTO | Leadership | |
Archit Vyas | Head Of Partnerships | Leadership |
Ankit Mittal | Vice President | Leadership |
Anil Patidar | Junior Software Developer | Team |
Minesh Meena | Growth Manager | Team |
Diksha Sharma | Cyber Security Consultant | Team |
Complete people profiles for Mitigata
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Verified entity values are shown only after access is granted.
Financials of Mitigata
Figures of Mitigata Insurance Brokers Private Limited, the primary company behind Mitigata, for FY 2025. Revenue was ₹30.2 Lakh. Net profit was ₹12.3 Lakh (41% margin). EBITDA was ₹17 Lakh (56% margin).
- ₹30.2 LakhRevenue · FY 2025
- ₹12.3 LakhNet profit · 41% margin
- ₹17 LakhEBITDA · 56% margin
- ₹75 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Mitigata Insurance Brokers Private Limited are on its company page.
Detailed financial statements for Mitigata
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of Mitigata
4 dated milestones of Mitigata across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Mitigata is founded.
- Funding First funding round of $219K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $15.0M.
Web traffic of Mitigata
The website of Mitigata (mitigata.com) receives about 21.5K visits a month and ranks #1,137,610 among all websites worldwide, #2,810 in Accounting and Auditing.
- Monthly visits21.5K
▼ 5.2% vs previous month
- Unique visitors12.2K
per month
- Global rank#1,137,610
among all websites
- Category rank#2,810
Finance · Accounting and Auditing
- Bounce rate33%
- Pages per visit2.2
- Average visit2 min 02 sec
- DevicesDesktop 59% · Mobile 41%
Websites whose visitors overlap most with Mitigata. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
crn.in | crn.in | 100% | #1,787,104 | – | |
| gicouncil.in | 100% | View details |
Top companies in Insurance Technology & Support Services
2 companies that operate in the same segment as Mitigata (Insurance Technology & Support Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
API-enabled insurance distribution platform is provided for B2C companies. | 2011 | Noida, Uttar Pradesh, India | USD 120.6 M |
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Related news about Mitigata
Complete news archive for Mitigata
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Frequently Asked Questions about Mitigata
Mitigata was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Mitigata is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mohit Anand is the CEO of Mitigata, as recorded in our data. They have also founded this company.
Mitigata is a funded company, having raised a total of $22.08M across 4 funding rounds to date. The company's 1st funding round was a Seed of $219.32K, raised on Jun 2022.
Mitigata has 33 employees.
The primary company behind Mitigata, Mitigata Insurance Brokers Private Limited, reported revenue of ₹30.2 Lakh for FY 2025.
Provider of cyber insurance and cybersecurity solutions. Its offerings include cyber insurance policies tailored for different user groups, such as businesses of all sizes, individual consumers, families, and corporate executives. It provides coverage for expenses such as legal fees, customer notifications, credit monitoring services, and more. It offers digital assets monitoring solutions including hacker damages, insider threats, and loss of business. It also provides protection to individuals from scams and frauds. Offers vigilance over digital assets, comprehensive security shield. Secure IP, endpoints, apps, domains, third-party connections, and many more.
Mitigata offers Smart Cyber Insurance, Directors & Officers Liability Insurance, Compliance Services, and Digital Forensics and Incident Response.
Mitigata has 29 investors. Key investors include Nexus Venture Partners, Z Nation Lab, WEH Ventures, PointOne Capital, and Kushal Khandwala.
The valuation of Mitigata is $2.09M as of Jun 2022.
Mitigata is associated with 2 legal entities: Mitigata Insurance Brokers Private Limited, Alphawave Technologies Private Limited.
The legal entities of Mitigata currently have 4 directors, including Mohit Anand, Mayank Morya, Sarthak Dubey and others.