Corax logo — Empowering accurate cyber risk assessment and management thr...

Corax

Empowering accurate cyber risk assessment and management through advanced data analytics and AI-driven modelling for interconnected companies globally.

Founded 2013 11-50 employees Seed Total: $5.19M AI, Analytics +4

General Information

Company Name Corax
Founded Year 2013
Employees 11-50
Industries AI, Analytics, Cyber Security +3
Funding Stage Seed
Social

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About Corax

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.

Business keywords: Cyber Security, AI-driven Modelling, Risk Assessment, Insurance Technology, Cyber Risk Management, Reinsurance, Insurance Brokerage, Risk Quantification, Vendor Monitoring, Third-Party Risk, Scenario Modeling, Lead Generation, Data Modeling, Cyber Insurance

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead 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

Corax Alternatives & Competitors

View All Alternatives
Corax vs
CyberCube
CyberCube United States

Delivering data-driven cyber risk analytics for the insurance industry

Series C
126 employees
Analytics, Insurtech
Corax vs
Kovrr
Kovrr Israel

Enabling risk professionals to financially quantify cyber risk.

Venture round
34 employees
IT, Insurance
Corax vs
Safe Security
Safe Security United States

SAFE has reinvented cyber risk management with Agentic AI across enterprise, third-party, and AI-rel...

Series C
1129 employees
AI, Cyber Security

FAQ About Corax

Empowering accurate cyber risk assessment and management through advanced data analytics and AI-driven modelling for interconnected companies globally.
Corax was founded in 2013.
Corax operates in AI, Analytics, Cyber Security, IT, Insurance and Insurtech. Its work centres on Cyber Security, AI-driven Modelling, Risk Assessment and Insurance Technology.
Corax has approximately 11-50 employees.
Corax has completed 4 funding rounds, raising a total of $5.19M. The latest funding stage is Seed.
Top alternatives and competitors to Corax include CyberCube, Kovrr, Safe Security, CyberGRX, Parametrix. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Corax and CyberCube are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Corax, https://bouncewatch.com/company/corax, updated 20 December 2024. When citing, please name BounceWatch and link this page.

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