DynaRisk, a London-based cyber risk management company, has raised $4.7m in funding to expand its international footprint and accelerate product innovation.
The investment round was led by YFM Equity Partners. PwC served as lead financial adviser, with Broadfield Law, HMT, RPL, Leckie Kershaw, Fortius, and Catalysis providing additional advisory support.
Founded in 2016 by Andrew Martin, a former banking cybersecurity specialist, DynaRisk provides cyber risk and insurance solutions for individuals, families and SMEs. The company helps insurers, brokers and MGAs protect policyholders through embedded, threat intelligence-driven SaaS tools.
The new capital will support DynaRisk’s expansion across EMEA, North America and Asia-Pacific, and enhance both commercial and technical operations.
DynaRisk’s platform integrates vulnerability scanning, dark web monitoring, cybersecurity training and real-time risk mitigation into insurance offerings. It aims to reduce loss ratios, improve underwriting, and increase policyholder engagement.
DynaRisk CEO Andrew Martin said, “Brokers, MGAs and (re)insurers are rushing to tap the fast growing cyber insurance market as cyber risk is now one of the most pressing challenges for consumers and SMEs globally. While working with global banks, I saw how larger corporations were using expensive and complex enterprise-level software and services and wanted to put these in the hands of more people.
“DynaRisk bridges that gap for the insurance sector, helping them protect their policyholders with industry-leading threat intelligence backed risk management and underwriting software, along with cyber incident response services. YFM quickly understood our vision and their support will be critical as we scale globally and continue to evolve our platforms to meet growing demand.”
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