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Summary:Elpha Secure

Revision as of 14:33, 9 March 2026 by Wikilah admin (talk | contribs) (Created page with "{{#switch: {{{1|3}}} |1 = {{#if:{{{bullet|}}}|* }}U.S. cyber insurtech MGA, embedded security + insurance, SME focus, AXIS-backed, >$29M raised |2 = {{#if:{{{bullet|}}}|* }}Elpha Secure is a Delaware-incorporated cyber insurtech MGA combining endpoint security software with surplus lines cyber insurance for U.S. small and midsize businesses, backed by AXIS Surplus and Everest capacity with over $29 million in disclosed funding. |3 = {{#if:{{{bullet|}}}|* }}🔐 '''Elpha...")
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🔐 Elpha Secure is a U.S. cyber insurtech MGA founded in 2018 that bundles proprietary endpoint security software (Elphaware) with surplus lines cyber insurance for small and midsize businesses with revenue up to $100 million. The company operates across all 50 U.S. states through wholesale broker distribution, financially backed by AXIS Surplus Insurance Company and Everest Re Group. Elpha completed a $20 million Series A in October 2022 led by Canapi Ventures atop more than $9 million in seed funding, and AXIS began routing certain standalone SME cyber submissions to Elpha's platform in July 2024. Its competitive differentiation centers on a seven-component security agent installed on insured endpoints, with insurance economics — reduced retentions, shorter waiting periods, and longer restoration periods — used as adoption levers for the security tooling.

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