Baobab

Baobab is a German startup founded in 2021 with a focus on cybersecurity and insurance. The company's slogan, "Baobab protects businesses from existing and emerging cyber threats using technology, knowledge & insurance," encapsulates its mission. Baobab Insurance provides protection for small and medium businesses against cyber attacks through a combination of insurance and tailored prevention measures. The company assesses, prices, and insures individual cyber risk exposure for SMEs, as well as mitigates the likelihood of cyber breaches through client-specific prevention measures. Notably, Baobab's research into machine learning-based risk evaluation is supported by a grant investment from Investitionsbank Berlin and the European Regional Development Fund (ERDF), making it a key player in the cybersecurity industry.