KYND, the London-based provider of cyber risk management solutions for the insurance industry, announced a £3.25 million ($4.4 million) investment from BGF, a growth capital investor.
The insurtech will use the investment to accelerate its growth and global expansion plans, as well as further development of transformative cyber risk technology to launch new products.
The company said it has achieved a 1000% growth on annual recurring revenue since June 2020 and developed partnerships with high-profile insurers and brokers, such as Beazley, Howden, Paragon and Alliant.
