CyberCube secured a $180 million investment from Spectrum Equity to enhance its cyber risk modeling solutions and expand its market presence in the insurance industry.

Information on the Target

CyberCube is a leader in cyber risk modeling and analytics, dedicated to serving the global cyber insurance market. Founded in 2015 and operating as an independent entity since 2018, the firm has positioned itself as a trusted partner for over 130 clients across the cyber (re)insurance value chain. The company’s innovative solutions are integral to 75% of the top 40 cyber insurers in the U.S. and Europe, along with many leading global brokers. CyberCube’s analytics empower these institutions to make informed decisions regarding risk distribution, selection, and management.

With a consistent commitment to enhancing its products, CyberCube aims to further develop its offerings and support the evolving needs of the insurance industry. The recent investment of over $180 million from Spectrum Equity is set to bolster this growth trajectory, enabling CyberCube to expand its technological capabilities while addressing the growing complexities of cyber risk in a digital world.

Industry Overview in the Target’s Specific Country

The cyber insurance industry is experiencing rapid expansion, particularly in the United States, as organizations grapple with increasing threats from cyber attacks and data breaches. The rise of internet-connected technologies an