Coalition, the world's first Active Insurance company designed to prevent digital risk before it strikes, today announced it has raised an additional $250 million to accelerate its rapid growth, power international expansion, and broaden the services Coalition offers to help organizations manage digital risk. This funding round closed in June with participation from Allianz X, Valor Equity Partners, Kinetic Partners and other existing investors, increasing Coalition's valuation from $3.5 billion to $5 billion.

Coalition is the leading provider of cyber insurance and security, combining comprehensive insurance and proactive cybersecurity tools to help businesses manage and mitigate cyber risk. Backed by leading global insurers Allianz, Swiss Re Corporate Solutions, Arch Insurance North America, Lloyd's of London, and Ascot Group, Coalition offers its insurance products in the US and Canada and its security products to organizations globally. Coalition's Active Risk Platform provides automated security alerts, threat intelligence, expert guidance, and cybersecurity tools to help businesses remain resilient in the face of cyber attacks.