About
At-Bay combines cyber insurance with proactive security monitoring through its Stance MDR platform. Insures 40K+ businesses protecting $800B in collective revenue. Valued at $1.35B after $258M in funding from Lightspeed and Icon Ventures. Hit $360M+ in gross written premium with 600% growth from 2020-2021. Expanded coverage to businesses with up to $5B revenue and $10M limits in 2024.
Key Facts
- [1]Founded: Founded in 2016 in San Francisco, United States.
- [2]Funding: Total funding: $292M. Last round: Sep 2022. Stage: Late Stage.
- [3]Customers: Key customers include Coalition brokers, Marsh McLennan.
- [4]Employees: Employee count: 201-500.
- [5]Website: Official website: at-bay.com.
- [6]AI Technology: Core AI/ML technologies: Predictive ML.
- [7]Region: Region: Americas (United States).
Founder
Rotem Iram
Co-founder & CEO
Key Customers & Partners
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Details
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Frequently Asked Questions
What is At-Bay?
At-Bay combines cyber insurance with proactive security monitoring through its Stance MDR platform. Insures 40K+ businesses protecting $800B in collective revenue. Valued at $1.35B after $258M in funding from Lightspeed and Icon Ventures. Hit $360M+ in gross written premium with 600% growth from 2020-2021. Expanded coverage to businesses with up to $5B revenue and $10M limits in 2024. At-Bay is classified in the Insurance segment at the Models layer of the financial AI stack.
Who founded At-Bay?
At-Bay was founded by Rotem Iram (Co-founder & CEO) in 2016 in San Francisco, United States. The company has been operating for 10 years.
How much funding has At-Bay raised?
At-Bay has raised $292M in total funding, placing the company at the Late Stage stage. The most recent round closed in Sep 2022. Among 45 funded Insurance companies, At-Bay ranks #19 by total capital raised. (Source: AIFI Map directory.)
What AI technology does At-Bay use?
At-Bay primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Insurance segment, 28 companies use this technology.
What market segment does At-Bay operate in?
At-Bay operates in the Insurance market segment. AI insurance companies are modernizing one of the oldest financial sectors, applying machine learning to underwriting, claims processing, actuarial modeling, and risk assessment across property, casualty, health, and life insurance lines.
Where is At-Bay headquartered?
At-Bay is headquartered in San Francisco, United States. The company operates in the Americas region. The team consists of 201-500 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are At-Bay's competitors?
Companies similar to At-Bay in the Insurance space include Feedzai ($431M raised), Sardine ($170M raised), Hawk AI ($83M raised), Resistant AI ($55M raised), Flagright ($8M raised). These companies operate in related areas of financial AI: Feedzai focuses on ai-native fraud and financial crime prevention platform for major banks. Sardine focuses on ai risk platform for fraud, credit, and compliance. Hawk AI focuses on ai-powered aml and fraud detection for banks and fintechs. (Based on AIFI Map classification data.)
What products does At-Bay offer?
At-Bay builds models-layer solutions for the financial services industry. The company's core offering: AI-powered cyber insurance for SMBs. The platform is powered by Predictive ML technology. Notable users include Coalition brokers, Marsh McLennan.