Stoik

Stoik

The first cyber-insurtech in Europe. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD94m (Public information from Sep 2023)
Company register number 900293887
Paris Île-de-France (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR202120222023
Revenues<1m<1m<1m
% growth-16707 %123 %
Profit(<1m)(3.0m)-
% profit margin(38295 %)(2884 %)-
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DateInvestorsAmountRound
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N/A

-
*

€3.8m

Seed
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€11.0m

Series A
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€10.0m

Valuation: €55.0m

527.0x EV/LTM Revenues

Early VC
Total FundingAUD42.2m

Recent News about Stoik

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More about Stoikinfo icon
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Stoik.io is a cybersecurity startup that operates in the insurance sector. The company offers a unique blend of insurance and cybersecurity services to its clients, primarily targeting businesses that are at risk of cyber attacks. Stoik.io's primary offering, Stoïk Protect, is an insurance policy that compensates businesses for damages incurred from cyber attacks. This policy is easy to subscribe to and offers clear, transparent guarantees with no hidden exclusions.

In addition to insurance, Stoik.io also provides preventative measures to monitor cyber risks continuously. This proactive and continuous risk monitoring is provided both during the subscription process and throughout the duration of the contract. This dual approach of offering both insurance and preventative measures sets Stoik.io apart in the market.

Stoik.io also offers a platform called Espace Courtier, designed to facilitate the management of cyber contracts and accelerate business operations. This platform simplifies the process of determining client eligibility through an external scan and expert analysis, eliminating the need for complex technical questionnaires.

In the event of a cyber attack, Stoik.io's dedicated cybersecurity team, CERT-Stoïk, is available 24/7 to respond to incidents. They boast a response time of less than 3 minutes and can restore corrupted systems in less than 12 hours on average.

Stoik.io's business model is based on earning revenue through the sale of its insurance policies and cybersecurity services. By offering a comprehensive solution that covers both prevention and compensation, Stoik.io has positioned itself as a one-stop-shop for businesses looking to protect themselves from cyber threats.

Keywords: Cybersecurity, Insurance, Cyber Attacks, Risk Monitoring, Espace Courtier, CERT-Stoïk, Business Protection, Cyber Threats, Preventative Measures, Compensation.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.