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Elpha Secure logo — A cyber MGA serving small and midsize businesses with propri...

Elpha Secure

A cyber MGA serving small and midsize businesses with proprietary cybersecurity technology and full insurance coverage.

Founded 2018 United States New York, United States 42 employees Series A Total: $20.00M Cyber Security, Insurance

General Information

Company Name Elpha Secure
Founded Year 2018
Location United States New York, United States
Employees 42
Industries Cyber Security, Insurance
Funding Stage Series A
Social

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About Elpha Secure

Elpha Secure is a cyber insurance MGA that serves small and midsize businesses across various industries. The company integrates proprietary cybersecurity technology into each cyber insurance policy, revolutionizing the conventional cyber insurance model by reducing business risks with the right security software, qualifying them for full cyber coverage, and providing that coverage simultaneously.

Built on the belief that all business owners should have access to the necessary tools for safe digital operations, Elpha Secure's cyber product aims to help SMBs defend against cyber incidents, including insider threats and ransomware attacks. Working with leading brokers, the company produces customized quotes in minutes and binds policies online.

Elpha's suite of cybersecurity software, developed and supported in-house and validated by a leading third-party security provider, combined with comprehensive cyber insurance coverage backed by an AM Best A rated carrier and supplemented by a hand-picked team of incident response professionals, offers robust protection for small and midsize businesses.

Founded in 2018 and headquartered in the United States, Elpha Secure received a significant $20.00M Series A investment on 06 October 2022. This round of funding saw participation from prominent investors including Canapi Ventures, EOS Venture Partners, Fermat Capital Management, State Farm Ventures, Stone Point Capital, AXIS, The Hartford STAG Ventures. The support of these illustrious investors underlines the recognition and potential of Elpha Secure within the cyber insurance and cybersecurity space.

Business keywords: Insurance Technology, Small Business, Midsize Business, Cyber Insurance, MGA, Proprietary Technology, Risk Reduction, Security Software, Ransomware Defense, Brokers, Third-Party Validation, Incident Response, Venture Capital, Insurtech

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $20.00M 7
Canapi Ventures Eos Venture Partners Fermat Capital Management
Canapi Ventures, Eos Venture Partners +5
06 Oct 2022

Elpha Secure Alternatives & Competitors

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Elpha Secure vs
Measured Analytics and Insurance
Measured Analytics and Insurance United States

Trust, quantified. Cyber Insurance for Small to Midsize Businesses with annual revenue <$500 MM.

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10 employees
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Elpha Secure vs
Coinnect
Coinnect Switzerland

Coinnect offers cyber security and insurtech solutions for risk assessment, monitoring, mitigation,...

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Elpha Secure vs
Bawn
Bawn United States

Crush Cyber Risk

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FAQ About Elpha Secure

A cyber MGA serving small and midsize businesses with proprietary cybersecurity technology and full insurance coverage.
Elpha Secure was founded in 2018.
Elpha Secure is headquartered in New York, United States.
Elpha Secure operates in Cyber Security and Insurance. Its work centres on Insurance Technology, Small Business, Midsize Business and Cyber Insurance.
Elpha Secure has approximately 42 employees.
Elpha Secure has completed 1 funding round, raising a total of $20.00M. The latest funding stage is Series A.
Top alternatives and competitors to Elpha Secure include Measured Analytics and Insurance, Coinnect, Bawn, ThreatInformer, Amplify Intelligence. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Elpha Secure and Measured Analytics and Insurance 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 Elpha Secure, https://bouncewatch.com/company/elpha-secure, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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