KYND, a leading provider of pioneering cyber risk management solutions for the insurance industry, has announced a £3.25 million investment from BGF. 

KYND will use the investment to accelerate its rapid growth and global expansion plans, as well as continuing to develop transformative cyber risk technology to launch new products.

The company has achieved a 1000% growth on annual recurring revenue since June 2020 and developed partnerships with high-profile insurers and brokers, such as Beazley, Howden, Paragon and Alliant.