CyberCube Secures $180 Million Investment from Spectrum Equity

Cyber risk analytics firm CyberCube has raised over $180 million in new funding from Spectrum Equity, which now joins ForgePoint Capital, Hudson Structured Capital Management, and MTech Capital as a cornerstone investor. The investment, pending regulatory approvals, strengthens CyberCube’s long-term growth strategy and underscores the expanding role of cyber insurance in the global risk landscape.

CyberCube’s analytics platform has become integral to how insurers, reinsurers, and brokers assess and manage cyber exposure. The company now works with more than 130 clients, including a majority of the top 40 US and European cyber insurers and leading global brokers. Its data-driven tools help insurance carriers and intermediaries make more informed decisions on underwriting, portfolio management, and capital allocation, a growing necessity as cyber events continue to reshape risk models worldwide.

The new capital will accelerate development across CyberCube’s suite of modeling and analytics tools, from portfolio-level insights to risk selection and exposure management. Recent updates include the launch of Exposure Manager, designed to help (re)insurers audit and benchmark cyber portfolios, and a major upgrade to its Portfolio Manager platform for catastrophe modeling. The company is also deepening its integration of artificial intelligence and large-scale data analysis to improve the precision and timeliness of cyber risk quantification.

CyberCube has also appointed Scott G. Stephenson, former Verisk CEO, as Chair of its Board of Directors. With Spectrum Equity’s backing and a more seasoned leadership team, CyberCube is positioning itself to advance the industry’s ability to measure, price, and transfer risk as digital economies continue to evolve.