Corax
Empowering accurate cyber risk assessment and management through advanced data analytics and AI-driven modelling for interconnected companies globally.
Empowering accurate cyber risk assessment and management through advanced data analytics and AI-driven modelling for interconnected companies globally.
Corax is a company that specializes in providing comprehensive data, modeling, and loss analytics for the cyber exposure of millions of interconnected companies worldwide. Founded in 2013, Corax is dedicated to empowering accurate cyber risk assessment and management through advanced data analytics and AI-driven modeling. Their slogan, "Empowering accurate cyber risk assessment and management through advanced data analytics and AI-driven modelling for interconnected companies globally," encapsulates their mission. Utilizing a scalable technology platform, an extensive and rich dataset, and AI-enabled probabilistic modeling, Corax serves (re)insurance carriers in accurately underwriting and managing cyber risk exposure. Additionally, insurance brokers and agents leverage Corax to offer clients precise cyber risk assessments and coverage recommendations. The company recently received a noteworthy $1.75M Seed Round investment on 08 May 2017, signifying a significant vote of confidence from investors in their innovative approach. With a focus on AI, analytics, cyber security, IT, insurance, and insurtech industries, Corax is well-positioned to continue disrupting and adding value to the cybersecurity and insurance sectors.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $1.75M | - | 08 May 2017 | |
| Seed Round | $950.00K | - | 30 Sep 2016 | |
| Seed Round | $1.59M | - | 31 Dec 2015 | |
| Seed Round | $900.00K | - | 31 May 2015 |
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