Onda AI offers a cyber insurance platform that utilizes proprietary technology and a partnership with Panorays to provide rapid risk assessments and streamlined underwriting processes. The platform enables businesses to quickly obtain tailored cyber insurance coverage, addressing the complexities of evolving cyber threats and ensuring timely incident response.
Funding
$10M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional cyber insurance often involves complex, time-consuming risk assessments and underwriting processes, making it difficult for businesses to quickly obtain tailored coverage. The rapidly evolving nature of cyber threats requires insurance solutions that can adapt at the same speed, which is not always the case with conventional approaches.
Solution
Onda AI provides a cyber insurance platform designed to streamline risk assessment and underwriting through proprietary technology and a partnership with Panorays. The platform offers rapid quotes, often within minutes, by replacing extensive form-filling with a simplified, technology-driven process. This enables businesses to quickly understand their cyber risk profile and secure comprehensive, competitively priced cyber insurance coverage tailored to their specific needs. Onda also provides 24/7 incident response to support clients when cyber incidents occur.
Target Audience
The primary target audience includes businesses seeking simpler, faster, and more adaptable cyber insurance solutions, particularly those who want to quickly understand their risk and obtain tailored coverage.
Features
- Rapid risk assessments powered by proprietary technology and an exclusive partnership with Panorays
- Streamlined quote generation, providing quotes in minutes
- Comprehensive cyber insurance coverage, including flagship Onda+ and OndaX products
- 24/7 incident response to assist clients during cyber incidents
- Simplified processes that reduce the burden of traditional form-filling