At-Bay offers property and casualty insurance services with a focus on cyber risk management and security solutions.

Rotem Iram

Etai Hochman

Roman Itskovich

Tilli Kalisky-Bannett

At-Bay

The Allstate Corporation is a leading insurance provider in the United States, offering a wide range of insurance products and financial services. The company is known for its auto, home, and life insurance policies, as well as its retirement and investment products.

Van Mays

Rajan Paul

Rick Coomer

David J Grich

Allstate Corporation

A venture capital firm and partner for entrepreneurs building scalable, sustainable businesses in a long-term effort to close equity gaps in America.

American Family Insurance Institute

W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates in two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including premises operations, commercial automobile, property, products liability, and general and professional liability lines. It also provides workers' compensation insurance products; accident and health insurance and reinsurance products; insurance for commercial risks; specialty environmental products for contractors, consultants, and property owners and facilities operators; specialized insurance coverages for fine arts and jewelry exposures; umbrella and excess liability coverage products; and liquor liability and inland marine coverage for small to medium-sized insureds. In addition, this segment offers directors and officers, and surety risk products, as well as products for technology, and life sciences and travel industries; cyber risk solutions; casualty, group life, and crime and fidelity related insurance products; personal lines insurance solutions, including home, condo/co-op, auto, and collectibles; automobile, law enforcement, public officials and educator's legal, and employment practices liability, as well as incidental medical insurance products; and at-risk and alternative risk insurance program management services. The Reinsurance & Monoline Excess segment provides other insurance companies and self-insureds with assistance in managing their net risk through reinsurance on a portfolio basis through treaty reinsurance or on an individual basis through facultative reinsurance. W. R. Berkley Corporation was founded in 1967 and is based in Greenwich, Connecticut.

William Berkley

W. R. Berkley Corporation

At-Bay combines world-class technology with industry-leading insurance to help clients meet risk head-on. Partnering with brokers and business owners alike, we provide modern insurance products and active risk monitoring services for companies of every size and in every industry. Our team boasts many backgrounds and skills, from analysts and developers to designers and underwriters, and everything in between — all working together to redefine what it means to be an insurance company. 

We’re proud to be a diverse company and to have expertise from multiple industries driving our culture. At-Bay is expanding rapidly, and as we grow, we’re prioritizing inclusive hiring practices and supportive team environments. We’re committed to building a company culture where people of all identities and backgrounds are empowered to thrive, develop their career, and bring their full self to work. 

At-Bay is a globally distributed company with hubs in Atlanta, New York City, San Francisco, and Tel Aviv. To date, we have raised $292 million in funding from Acrew Capital, Glilot Capital, Icon Ventures, ION Crossover Partners, Khosla Ventures, Lightspeed Venture Partners, M12, entrepreneur Shlomo Kramer, and Qumra Capital.

Acrew Capital

Lightspeed Venture Partners

Munich Re Ventures

Qumra Capital

Khosla Ventures

M12 - Microsoft's Venture Fund

Shlomo Kramer

ION Crossover Partners

Glilot Capital Partners

Icon Ventures

Small and medium-sized businesses adopt technology to meet their goals, improve operations, and keep up with stiff competition.

Unfortunately, software vendors who provide this tech are not held accountable or liable for the outsized risk they can create for an organization’s security.

Instead, small businesses are forced to take on the responsibility (and risk) alone.

At-Bay Co-founder and CEO Rotem Iram joined Axios in Davos to discuss this very issue and the role policymakers should play when it comes to helping small businesses close the growing #cybersecurity gap.

Here’s a hint: Insurance can play a big part. 👈

Click the link in the comments to hear more from Rotem on this urgent global issue.

#cyberinsurance #InsurSec #WEF24

We’re excited to partner with SquareRisk to offer At-Bay’s comprehensive Admitted Cyber insurance. 👏 

Brokers can now quote our market-leading Admitted Cyber coverage for businesses up to $25 million in revenue.

That’s a wrap on the World Economic Forum Annual Meeting in Davos!  

We’re grateful for the opportunity to contribute to the conversation: The stakes have never been higher for small and medium-sized businesses when it comes to #cybersecurity. 

We must discuss the role tech providers and policymakers should play in keeping our businesses and economy at large safe. 

"Government has not historically been really good at understanding the nuance of technology and effecting a very detailed response. Where I see a really big opportunity is the insurance industry. We look at the risk, collect the data, and see what matters. Then we communicate what good security looks like through our underwriting guidelines, our prices, and our policies.” - Rotem Iram, Co-Founder and CEO speaking at the Axios House session, Cybersecurity for the Other 90%. 

Stay tuned for more learnings and key insights from the WEF event of the year. ⚡

#cyberinsurance #InsurSec #WEF24

The technology small and medium-sized businesses rely on leaves them exposed.

And today's enterprise security solutions fall short.

This creates massive risk — risk that is little understood by businesses focused on day-to-day operations and growth.

We need more accountability from tech providers.

Until that happens at a large scale, a new approach called #InsurSec can help bridge the gap. 

💡 InsurSec = comprehensive insurance coverage + innovative #cybersecurity services. 

The World Economic Forum asked a select group of leading visionaries and disruptors, including At-bay Co-founder and CEO Rotem Iram, to share their thoughts on the future of tech development as a force for good.

👉 Click the link in the comments to read more from Rotem and other tech leaders.

#cyberinsurance #WEF24

Did you know that small and medium-sized businesses contribute almost 70% of global GDP and make up almost 90% of the world’s companies? 

Despite their influence, these businesses face an unfair burden when it comes to #cybersecurity.

We are excited to take the stage at the Axios House in Davos this week to discuss the cyberthreats today’s SMBs face — and what policymakers can do to keep them safe. 🔐

If you plan to be in Davos on January 16, join At-Bay Co-founder and CEO Rotem Iram and Axios Publisher Nicholas Johnston for an in-depth conversation on the topic. Link below.

#cyberinsurance #InsurSec #WEF24

Counting down the days until At-Bay Co-founder and CEO Rotem Iram joins Axios in #Davos for an in-depth discussion on cyber insurance and security.

On January 16, great minds will come together to explore how policymakers, business leaders, and small businesses can work together to secure and protect their organizations from cybercriminals.

We're even bringing cozy socks to keep attendees warm in the Switzerland snow. 🧦 ❄️

If you'll be in Davos next week, come join us at Axios House for our session on security — and some refreshments and networking: https://lnkd.in/gRn_MEBX

#cyberinsurance #cybersecurity #InsurSec #WEF24

We made the list! 🌟 We’re honored to be named a Best Place to Work by Built In for the 2nd year in a row.

In fact, Built In has recognized us for excellence in our offices across the U.S.:

🌁 San Francisco Best Midsize Places to Work
🗽New York Best Midsize Places to Work
👏 Atlanta Best Places to Work
🎉 Atlanta Best Midsize Places to Work

A workplace that cares about its people and its mission = a winning workplace.

Check out At-Bay and the full list of honorees: https://lnkd.in/gpK6eZhN 

#BPTW2024 #2024BuiltInBest #InsurSec

According to the World Economic Forum, cybercrime and insecurity are among the top 10 global risks.

For small businesses, a single attack can be an extinction-level event, grinding operations to a halt.

It isn’t often discussed, but the software your business runs on is ‘use at your own risk.’ 

Most tech vendors aren’t held accountable or liable for the risk they create for small and medium-sized businesses.

When innovation is prioritized over security, it can lead to critical vulnerabilities that impact billions of users.

Read At-Bay Co-founder and CEO Rotem Iram’s new World Economic Forum blog to better understand what’s at stake — and how we can work together to fix it.

Article linked in the comments. ⤵️

#cyberinsurance #cybersecurity #InsurSec #WEF24

On a recent episode of the Cloud Security Podcast by Google, Head of Business Risk and Insurance for Google Cloud Monica Shokrai talked about cyber insurance in the cloud era and the InsurSec approach to protecting businesses from cyberthreats.

At-Bay is the first #InsurSec provider, offering the critical combination of insurance + security.

“If you don't have tools that are measuring things on a live basis, and at a detailed level, you're really going to miss a lot of the insurance risks. But by coupling them, you create the same shared incentives across the groups,” Monica explains.

🎧 Listen to the full episode. Link in the comments below. 

#cyberinsurance #cybersecurity

HUGE kudos to the At-Bay Security team — the winners of the Censys Cyber Insurance Innovation Award! 👏

This award recognizes outstanding contributions and advancements in the field of cyber insurance, acknowledging innovative approaches that enhance #cybersecurity resilience and risk management.

Our Security team works hard to set a new standard for excellence in the cybersecurity community, and we couldn’t be more thrilled by this honor.

As the world’s first #InsurSec provider, At-Bay combines insurance and security to close the SMB security gap and provide expert support to mitigate today’s threats. Learn more in the comments. ⤵

Metric
Company Name	At-Bay	Allstate Corporation	American Family Insurance Institute	W. R. Berkley Corporation
Symbol				WRB
MSH ID	COM:AT-BAY	COM:ALLSTATE	COM:AMFAMINSTITUTE	COM:BERKLEY
Market	PRIVATE	PRIVATE	PRIVATE	STOCKS
Sector	Financial Services & Finance	Financial Services & Finance	Financial Services & Finance	Financial Services
Industry	Insurance	Insurance	Venture Capital	Insurance - Property & Casualty
Country	US	US	US	US
Stage	Venture Round
Employee Count	321	7.49K	17	8.33K
Website	at-bay.com	allstate.com	amfaminstitute.com	berkley.com
LinkedIn		allstate-financial	amfaminstitute	wrberkleycorporation
Founders

Metric
Market Cap	1.80B	20.36B
Enterprise Value
Monthly Web Traffic	18.90K	24.84K
Web Traffic Growth	0.72	-0.31
Valuation
Raised Capital	3.75M

Metric
Revenue				12.14B
Revenue (LTM)
Revenue (NTM)
Gross Profit				8.78B
EBITDA				1.75B
Operating Income				1.75B
Net Income				1.38B
EPS				5.10
Diluted EPS				5.05
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin				0.80
Operating Profit Margin				0.11
EBITDA Margin				0.14
Net Profit Margin				0.12
Return on Equity				0.21
Return on Assets				0.05
Return on Capital Employed				0.08

COM:AT-BAY

At-Bay

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio				16.08
P/B Ratio				2.85
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio				1.83
EV Multiple				82.93

Metric
Days Sales Outstanding
Days Payables Outstanding
Days Inventory Outstanding
Operating Cycle				19.92
Cash Conversion Cycle
Asset Turnover				0.37

Metric
Operating Cash Flow				2.98B
Free Cash Flow				2.93B
Cash Flow to Debt				1.17
Operating Cash Flow/Sales				0.26
Free Cash Flow Yield				0.09

Metric
Cash & Equivalents				1.36B
Accounts Receivable				-334.18M
Inventory				-408.93M
Goodwill				174.60M
Debt to Capitalization				0.28
Debt to Assets
Current Ratio
Quick Ratio				0.64

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue				0.00
R&D to Revenue
SG&A to Revenue