Envelop

Envelop

Verified

Financials

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues1.4m2.7m5.2m11.9m4.4m
% growth-90 %91 %131 %(63 %)
EBITDA--(2.1m)(9.6m)-
% EBITDA margin--(42 %)(81 %)-
Profit--(2.0m)(6.9m)-
% profit margin--(39 %)(58 %)-
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Recent News about Envelop

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More about Envelop
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Envelop Risk is a startup that operates in the cyber insurance market, providing technology, tools, and reinsurance capacity to insurance companies and brokers. The company's primary focus is on helping these businesses launch and refine cyber insurance products that cater to the needs of their corporate and small-to-medium enterprise (SME) clients. Envelop Risk's services are essential in the digital age, where cyber threats are a growing concern worldwide.

The company's unique approach combines human expertise with artificial intelligence (AI) to make predictive decisions. This method, known as augmented intelligence, uses comprehensive data and advanced analytics to understand the complex world of cyber risks. The aim is to minimize reliance on theory and instead use structured, validated human expertise to make reliable predictions about the cyber ecosystem's evolution and response to shocks. This information is then used by top cyber underwriters to make better underwriting decisions for their clients.

Envelop Risk's business model involves providing insurers with the technology and reinsurance capacity they need to offer cyber insurance to their clients. The company makes money by backing these insurers, creating a sustainable growth model for the industry.

In summary, Envelop Risk is a tech-driven startup that provides cyber insurance solutions to insurers and brokers, using a unique blend of human expertise and AI to predict and manage cyber risks.

Keywords: Cyber Insurance, Artificial Intelligence, Augmented Intelligence, Reinsurance, Underwriting, Predictive Decisions, Cyber Threats, Technology, Insurers, Brokers.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.