How Much Did At-Bay Raise? Headquarters, Funding & Key Investors

At-Bay has raised a total of $258 million in funding across several rounds. The company secured $6 million in its Seed round in November 2017, followed by $13 million in Series A in May 2018 and $34 million in Series B in February 2020. At-Bay later raised $185 million in July 2021 and an additional $20 million in October 2021, both as part of its Series D funding round, which brought its valuation to $1.35 billion. With consistent backing from investors like Lightspeed Venture Partners and Khosla Ventures, At-Bay continues its funding momentum in the cyber-insurance sector.

How Much Did At-Bay Raise? Funding & Key Investors

At-Bay, founded in 2016 in Mountain View by Rotem Iram, is a cyber-insurance and risk-management platform helping businesses and brokers scan, score, and mitigate cyber risks. Combining insurance underwriting with analytics, it offers tools for compliance, data monitoring, and vulnerability detection. The company has raised $258M across multiple funding rounds, backed by investors like Lightspeed Venture Partners and Khosla Ventures, reaching a $1.35B valuation in 2021. At-Bay plans to expand its cyber insurance offerings, enhance AI-driven risk monitoring, and strengthen broker partnerships.

What Is At-Bay and What Does It Do?

At-Bay, founded in 2016 by Rotem Iram, is a Mountain View-based (United States) cyber-insurance and risk-management platform.

With a team of 171 employees (as of December 2022), the company empowers brokers and businesses to scan, score, and mitigate cyber risk through technology-driven insurance products.

At-Bay combines insurance underwriting with cyber-risk analytics, offering tools for compliance management, data monitoring, and vulnerability detection. Its goal is to help small and midsize businesses proactively manage exposure and strengthen their digital defenses, blending insurance expertise with cybersecurity intelligence.

How Much Funding Has At-Bay Raised?

1. Seed Round

Amount Raised: $6 M
Date: November 2017
Lead Investors: Lightspeed Venture Partners, LocalGlobe (Angel: Shlomo Kramer)
Motivation: To launch its cyber-insurance platform and risk scoring engine.

2. Series A

Amount Raised: $13 M
Date: May 2018
Lead Investors: Shlomo Kramer, Keith Rabois, Yoni Cheifetz
Motivation: To expand product development and market reach in cyber insurance.

3. Series B

Amount Raised: $34 M
Date: February 2020
Lead Investors: Acrew Capital, Munich Re Ventures, Qumra Capital, Khosla Ventures, Lightspeed Venture Partners, M12 (Angel: Shlomo Kramer)
Motivation: To scale operations and enhance its cyber risk analytics platform.

4. Series D (Part 1)

Amount Raised: $185 M
Date: July 2021
Lead Investors: Icon Ventures, Lightspeed Venture Partners, Khosla Ventures, M12, Acrew Capital, Munich Re Ventures, Glilot Capital Partners, Qumra Capital (Angel: Shlomo Kramer)
Motivation: To expand into new insurance segments and reach unicorn status.

5. Series D (Part 2)

Amount Raised: $20 M
Date: October 2021
Lead Investors: ION Group (Corporate Investor)
Motivation: To strengthen capital reserves and support policyholder growth.\

Total Funding Raised: $258 Million

Current Valuation: $1.35 Billion (as of July 2021)

Latest Funding Date - October 2021

Key Investors

1. Lightspeed Venture Partners

Details: Global venture capital firm backing technology-driven startups across sectors.
Investment Focus Areas: Enterprise software, cybersecurity, fintech, insurance tech.
Notable Investments: At-Bay, Rubrik, ThoughtSpot, Snap.

2. Khosla Ventures

Details: U.S. venture capital firm focusing on transformative technology and innovation.
Investment Focus Areas: Deep tech, AI, digital health, and financial infrastructure.
Notable Investments: At-Bay, DoorDash, Square, Stripe.

3. Munich Re Ventures

Details: Corporate venture arm of Munich Re, a global insurance and reinsurance leader.
Investment Focus Areas: Insurtech, cyber risk management, IoT.
Notable Investments: At-Bay, Helium, Next Insurance.

4. Acrew Capital

Details: Early and growth-stage venture firm supporting financial services and security startups.
Investment Focus Areas: Fintech, cybersecurity, enterprise software.
Notable Investments: At-Bay, Chime, Carta, Tonal.

5. Icon Ventures

Details: Growth-stage VC firm based in Palo Alto focused on enterprise and consumer technology.
Investment Focus Areas: Cloud, AI, Data Analytics, and Insurtech.
Notable Investments: At-Bay, Bill.com, Datadog.

Where Is At-Bay’s Headquarters?

At-Bay is headquartered in Mountain View, California, a core hub for cybersecurity and AI innovation.

What’s Next for At-Bay?

At-Bay aims to expand its cyber insurance portfolio beyond SMBs to larger enterprises and introduce new policy types covering AI-driven risk and cloud security. It continues to enhance its real-time risk monitoring software and plans to deepen its partnership ecosystem with brokers and cybersecurity providers.

The company faces challenges such as rising cyber claims and competitive pricing pressure but remains well-capitalized to lead the cyber insurance market through innovation and data-driven underwriting.

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