Germany-based insurtech company Baobab has received funding from the Investitionsbank Berlin, which is co-financed by EU funds (ERDF).
Baobab supports small and medium-sized businesses in managing cyber risks by combining insurance and software solutions. The platform provides real-time insights into individual risk management and recommendations to help organisations reduce their exposure to cyber-attacks. The cyber security technology startup researches the application of novel algorithms to support small and medium-sized businesses in managing cyber risks by offering insurance and cyber-security.
