French cyber insurtech Stoïk raises €10M to expand in Europe

Stoïk is the first wholesale broker in Europe specialising in cyber risk for SMEs. Here are details of Stoïk’s latest funding round :

🚀 Launch

2021

🏭 Industry

Insurance

🧠Management

Jules Veyrat, Alexandre Andreini, Nicolas Sayer, Philippe Mangematin, Élise Salin

💸 Funding & Investors

  • Investment (September 2023) : €10 million (€11 million in an a16z-led Series A round in June of 2022)
  • Investors : led by Munich Re Ventures, and Opera Tech Ventures and existing investors Andreessen Horowitz and Alven participating.

🎯 Funding purpose

Expansion in Europe

🌐 Country HQ

France (Paris)

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