Stoïk combines cyber insurance products with active security monitoring – …


Meet Stoïk, a new French startup looking to protect small and medium-sized businesses from cybersecurity incidents. The company offers an insurance product as well as a service that monitors your attack surface.

The startup recently raised a $ 4.3 million seed round from Alven Capital, Anthemis Group, Kima Ventures and several business angels including Raphaël Vullierme, Emmanuel Schalit and Henry Kravis.

Stoïk is aimed specifically at SMEs, as they are very vulnerable to ransomware and other cyber attacks. And yet, small businesses often don’t do enough to protect their software infrastructure.

“We’ll insure and protect you,” Co-Founder and CEO Jules Veyrat told me. “But what we’re going to sell is the insurance product. If you are attacked, you have a phone number that you can call around the clock and all costs are covered. “

At the same time, Stoïk will offer monitoring tools so that small …


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