Boston, United States
Breach Insurance, founded in 2019 and headquartered in the United States, is breaking new ground by offering regulated insurance for emerging digital asset and AI risks. As the cryptocurrency market exceeds $2T, this company is catering to an underserved niche with its Bermuda-regulated crypto insurance carrier.
The company not only has launched this innovative insurance carrier but also developed a proprietary policy issuance and administration platform, positioning itself as an industry pioneer. With industry-first solutions targeting the clients of popular cryptocurrency platforms, Breach Insurance is at the forefront of insurtech advancements within the digital asset space.
The company recently secured Seed Round investment on 15 June 2023, with backing from notable investors including LightShed Ventures, Foundation Capital, Raptor Capital, RW3 Ventures, Republic Capital, Road Capital, and Alumni Ventures. These partnerships underscore investor confidence in Breach Insurance's unique approach and growth potential.
