Kynd, a cyber risk management solutions firm with headquarters in London, UK, has raised an unknown sum of money.
Verisk and BGF participated in the round.
The money will be used by the business to advance both its objectives for international expansion and its ongoing development of cyber risk solutions.
Private equity businesses like Phoenix Equity Partners and insurers and brokers like Beazley, Howden, and Alliant employ Kynd’s solutions.
KYND will use the new investment from BGF and Verisk to further support its global growth plans, as well as continuing to develop transformative cyber risk technology.
With a committed staff now stationed in Austin, Texas, the business has also grown into the US.
“At KYND, we are committed to creating best-in-class, efficient and insight- rich tools that not only remove complexity & jargon, making cyber risks easy to identify, monitor and remediate but also enable rapid decision making in this dynamic ecosystem. We are excited to continue working with BGF and look forward to welcoming the Verisk team as we execute on our ambitious growth plans.”
Andy Thomas
Kynd, established in 2018 by Andy Thomas and Melanie Hayes, is a cyber risk monitoring tool that provides continuous and immediate insights into an organization’s cyber risk profile.
It facilitates quick and well-informed decision-making throughout the cyber ecosystem by providing actionable and transparent cyber risk intelligence.