# Envelop: Insurance, Bristol, United Kingdom

> Envelop: Envelop is a reinsurance underwriting firm that specializes in cyber and emerging risks. Based in Bristol, United Kingdom. Founded 2016.

Source: https://millionrounds.com/startup/envelop-3 (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Insurance startup](https://millionrounds.com/companies)

# Envelop

Envelop is a reinsurance underwriting firm that specializes in cyber and emerging risks.

Funding reported Last round: Series B

Insurance Bristol, United Kingdom

Company summary

- **Founded:** 2016 10 years old
- **Team:** 71 51 to 200 people
- **Funding reported:** 135.8M as listed, currency not stated
- **Last round:** Series B Sept 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Envelop has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Envelop

Envelop is a reinsurance underwriting firm that specializes in cyber and emerging risks.

Founded in 2016 and headquartered in Bristol, United Kingdom, with additional offices in London and Bermuda, Envelop combines underwriting expertise with AI and data-driven analytics. This approach helps insurers, reinsurers, and capital partners manage complex risk exposures effectively. The company offers a range of services, including treaty reinsurance underwriting, pricing, risk analysis, and portfolio assessment. Envelop also provides custom non-proportional contracts and platform solutions for insurers. Its risk analytics and modeling tools leverage AI and machine learning to enhance decision-making and portfolio management. Envelop Risk Solutions supports clients with product development, threat intelligence, and technical support, ensuring comprehensive assistance in navigating the cyber insurance landscape.

## What company datasets say Envelop raised

Funding, as reported

Reported in all **135.8M** in the source's currency

Rounds **3**

Last round **Series B**

Last round size **130M**

Last round date **Sept 2021**

Investors listed **8**

## Founders and team

From Envelop's own website: 1 founder, 7 on the team.

**Jonathan Spry** Chief Executive Officer & Co-Founder

- **Dominic Peters** CEO of Envelop Underwriting
- **Graeme Bell** Chief Operating Officer & Chief Legal Officer
- **John Wingate** Chief Technology Officer
- **Rob Evered** Chief Information Security Officer
- **Ash Kent** EVP Head of Modelling and Data Science
- **Polly Houlston** Head of Data Platform and Analytics
- **Jonathan Gardener** Business Operations Manager

## On 3 portfolio pages

Investors who name them

- [WorldQuant Ventures LLC](https://millionrounds.com/fund/worldquant-ventures-llc)
- [Alpha Intelligence Capital](https://millionrounds.com/fund/alpha-intelligence-capital)
- [Summer Capital](https://millionrounds.com/fund/summer-capital)

Each firm lists Envelop on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

proprietary ai solutions real-time threat intelligence data protection market-leading cyber data risk quantification insurtech enterprises risk forecasting emerging risk management risk landscape visualization reinsurance information technology & services insurance cybertooth system financial services finance

Built with from their website

Adobe Google Tag Manager Canva Tableau WordPress.org Atlassian PWA Google Cloud YouTube CloudFlare

+8 more

Viewport Meta CookieYes webpack PodBean OpenAI AI KnowBe4 CloudFlare CDN

- **Sector:** Insurance
- **Industry code:** NAICS 52412, 524130, 523940, SIC 6331
- **Region:** England
- **Revenue:** 4.2M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/envelop-risk)

## Insurance in United Kingdom

Startups like it

- [**Zego** London · founded 2016 *Raised*](https://millionrounds.com/company/zego)
- [**Cuvva** London · founded 2015 *Raised*](https://millionrounds.com/company/cuvva)
- [**YuLife** London · founded 2016 *Raised*](https://millionrounds.com/company/yulife)
- [**Ki** London · founded 2020](https://millionrounds.com/startup/ki)
- [**ManyPets** London · founded 2017](https://millionrounds.com/startup/manypets)
- [**Gryphon Group Holdings Limited** founded 2016](https://millionrounds.com/startup/gryphon-group-holdings-limited)
- [**Superscript** London · founded 2015](https://millionrounds.com/startup/superscript)
- [**Urban Jungle Insurance** London · founded 2016](https://millionrounds.com/startup/urban-jungle-insurance)

## Is this your company?

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