1 min read

Cyber insurtech Stoïk raises 20 million euros in Series C round

Cyber insurtech Stoïk raises 20 million euros in Series C round

Stoïk Secures €20 Million in Series C Funding

French cyber managing general agent (MGA) Stoïk has successfully raised 20 million euros (approximately $23.4 million) in a Series C funding round. This investment was primarily led by Opera Tech Ventures, along with support from CEO Jules Veyrat's family investment firm, Impala.

What This Means for Stoïk

This funding will help Stoïk enhance its core offerings in the cyber insurance space. It underscores the growing interest in cybersecurity solutions within the insurance industry as businesses continue to navigate increasing risks associated with cyber threats.

Key Players Involved

Opera Tech Ventures is known for backing innovative technology-driven companies, making their involvement a strategic fit for Stoïk. Jules Veyrat’s family investment firm, Impala, adds another layer of support, reflecting a commitment to ensuring Stoïk's growth and operational success.

Impact on the Industry

As cyber threats evolve, the demand for specialized insurance products is on the rise. Stoïk’s new capital will likely enable them to expand their product range and improve customer offerings, helping businesses to better protect themselves from cyber risks. In a time when such coverage is more vital than ever, this investment positions Stoïk as a notable player in the cyber insurance market.

Looking Ahead

With this Series C funding, Stoïk is set to advance its technology and improve service delivery, benefiting clients and stakeholders alike. The cyber insurance landscape continues to shift, and firms like Stoïk are well-placed to adapt and grow.

Original Source: https://www.theinsurer.com/cyber-risk/news/cyber-insurtech-stoik-raises-20-million-euros-in-series-c-round-2026-01-21/

Exclusive: Cyber insurtech MGA Converge looking to raise up to $30 million in Series B funding, sources say

Exclusive: Cyber insurtech MGA Converge looking to raise up to $30 million in Series B funding, sources say

Converge Targets $30 Million in Series B Funding Converge, a player in the cyber insurance sector, is looking to secure up to $30 million in Series B...

Read More
Large Loss Claims Account for 88% of All Its Global Cyber Losses, Says AXA XL Study, Revealing Key Trends and Insights

Large Loss Claims Account for 88% of All Its Global Cyber Losses, Says AXA XL Study, Revealing Key Trends and Insights

Understanding AXA XL's Cyber Claims Insights A recent analysis by AXA XL has revealed that a significant portion of its incurred cyber claims stem...

Read More
CyberCube rolls out cyber risk tool for insurers and reinsurers

CyberCube rolls out cyber risk tool for insurers and reinsurers

CyberCube Launches Exposure Manager for Cyber Risk Assessment CyberCube, a prominent player in cyber risk analytics, has unveiled a new tool called...

Read More