Protos Labs Secures $2.3M in Seed Funding to Revolutionize Cyber Risk Management in Asia

Protos Labs, a pioneering cyber insurtech company based in Singapore, is thrilled to announce the successful completion of a fundraising round, securing an impressive $2.3 million. Founded in 2021 by a team of seasoned leaders from Booz Allen, Protos Labs is dedicated to enhancing Asia’s resilience against the ever-growing threat of cybercrime. The funding will be pivotal in scaling their innovative cyber risk management solutions, tailored for both enterprises and individual consumers. With strategic partnerships with industry titans like Lloyds of London and HannoverRE, as well as affiliations with the Cybersecurity Agency of Singapore, Protos Labs stands at the forefront of a rapidly evolving marketplace. The company continues to garner recognition for its commitment to combatting cyber threats, recently being ranked #7 in Sonr’s Top 50 Insurtechs in the Asia-Pacific region and earning accolades such as the Cyber Newcomer of the Year 2023 by Zywave. This fresh investment propels Protos Labs toward its goal of providing comprehensive cyber risk solutions that equip organizations and individuals with the necessary tools to navigate the complexities of the digital landscape securely. By reinforcing its technology and expanding its outreach initiatives, Protos Labs is poised to solidify its position as a leader in the cyber insurance space while empowering its partners and customers to proactively address cyber vulnerabilities. As the world becomes increasingly interconnected, firms like Protos Labs are essential in crafting a safer cyber environment for all.