PwC Corporate Finance is pleased to announce that it has advised London-based cyber intelligence insurtech firm DynaRisk on its growth equity investment from YFM Equity Partners. The investment will support the business’s international expansion and continued product innovation across the fast-evolving cyber insurance sector.
Founded in 2016 by cybersecurity expert and former banking security specialist Andrew Martin, DynaRisk provides cyber risk management and underwriting solutions to (re)insurers, MGAs and brokers globally. The company delivers an embedded intelligence platform that combines industry-leading threat intelligence, cyber risk scoring, dark web monitoring, education and remediation tools, and a multilingual cyber helpline.
DynaRisk currently supports more than 25 insurance customers worldwide, covering approximately 2.4 million consumers and 800,000 SMEs. Recent client wins include Beazley’s Turnkey Reinsurance team, Arthur J. Gallagher, REEOIC and SCOR, who join existing insurance firms including Canopius, Chubb, SPB UK & Ireland, Aspire Insurance Advisers, Ridge Canada and BOXX Insurance Inc., reflecting the rising demand for scalable cyber risk solutions as embedded insurance grows globally.
The investment from YFM will accelerate DynaRisk’s international go-to-market strategy, with a particular focus on expansion across EMEA, North America and Asia-Pacific, while also enhancing platform capabilities in response to increasing demand for scalable cyber risk solutions.
In support of its next growth phase, DynaRisk has also strengthened its board with the appointment of Phil Zeidler, a serial entrepreneur with a proven track record in founding and scaling successful InsurTech businesses.
Andrew Martin, CEO of DynaRisk:
“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 platform to meet growing demand.”
Matt Gordon-Smith, Investment Director, YFM Equity Partners:
“DynaRisk has developed a compelling and differentiated platforms in one of the most rapidly growing segments of the insurance market. As cyber threats continue to escalate, insurers are under increasing pressure to enhance value to policyholders. We are excited to back Andrew and the team as they continue their global expansion and product development.”
Ed Reid, Associate Director PwC Corporate Finance:
“We are pleased to have advised DynaRisk on this significant growth investment, and enjoyed working with the company. The backing from YFM Equity Partners reflects strong confidence in DynaRisk’s differentiated platforms and its ability to address the growing needs of the cyber insurance market. The funding will support the company’s continued expansion and product innovation as it scales its operations globally, and we look forward to supporting the company and its new shareholders on the journey.”
PwC Corporate Finance role
PwC Corporate Finance acted as lead financial adviser to DynaRisk, supporting the business through all stages of the transaction. The PwC team provided strategic advice on investor selection, positioning, and transaction execution to ensure a successful outcome. The PwC deal team was led by Jeremy Sweetnam and Ed Reid.
About DynaRisk
DynaRisk is a cyber intelligence SaaS provider enabling insurers to identify, monitor and reduce cyber risk at the policyholder level. Its technology platform integrates predictive analytics, global threat data, and multilingual 24/7 support to reduce insurance claims and improve customer retention. Headquartered in London, DynaRisk supports global deployments across EMEA, the Americas and Asia-Pacific.
About YFM Equity Partners
YFM Equity Partners is a UK-based private equity investor providing growth capital of £3m–£15m to scaling businesses across the UK. With over 40 years’ experience and a regional network of offices, YFM partners with ambitious management teams to accelerate growth and unlock long-term value.
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