Kovrr
Kovrr is a Tel Aviv-based cyber risk quantification and AI governance platform serving global insurers, financial institutions, and enterprises by translating cyber and AI exposure into financial metrics via Monte Carlo simulation-based SaaS.
- Company typePrivate
- Founded2016
- HeadquartersTel Aviv, Israel
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Kovrr does
Kovrr is an Israel-based (Tel Aviv) enterprise software provider specializing in cyber risk quantification (CRQ) and AI security and governance. The company's core platform runs insurance-grade Monte Carlo simulations across hundreds of thousands of modeled cyber events, ingesting proprietary threat intelligence, cyber insurance loss data, and live cloud-security signals (Azure Resource Graph, Microsoft Defender for Cloud, AWS Security Hub, Google Cloud Asset Inventory) to translate cyber and AI exposure into financial metrics such as Annualized Loss Expectancy, loss exceedance curves, and Return on Security Investment. Two integrated product families comprise the offering: the AI Security and Governance Platform (AI asset visibility, compliance readiness, AI risk quantification, third-party monitoring, assurance planning, and risk register) and the Cyber Risk Quantification Platform (scenario identification, risk register, portfolio analysis, insurance optimization, board reporting, M&A due diligence, materiality analysis, continuous control monitoring, and GRC). The company operates a SaaS subscription model with attached AI Advisory professional services, priced via quote-based enterprise sales, and serves global enterprises across insurance, financial services, healthcare, manufacturing, retail, technology, and private equity.
Kovrr's go-to-market combines enterprise field sales targeting CISOs, GRC leaders, finance executives, and portfolio performance teams with a product-led growth layer of free self-service tools (AI Vendor Risk Catalog, NIST CSF Self-Assessment, Boardroom Reporting Template) that drive top-of-funnel lead capture. The company maintains recognized analyst positioning (Forrester Wave Contender for Cyber Risk Quantification Q2 2025), is a member of the Microsoft Intelligent Security Association (MISA) and the European Cyber Security Organisation (ECSO), and reports customer-facing scale metrics including $527B+ in exposure under management, 1,000,000+ intelligence data points ingested daily, and 57K+ average events per simulation. Customer logos include Deutsche Rück, MS & AD Holdings, Waystone, Evonik, Bystronic, Qiagen, Morgan & Morgan, Playtech, Next, BW Group, Gabriel Defense, Sumplr, Mine, Challenger Bank, and Logicworks. The company was co-founded by Yakir Golan (CEO), Shalom Bublil (CRO), and Avi Bashan (VP R&D), has raised disclosed funding of $5.5M in a 2019 round led by Alma Mundi Ventures and StageOne Ventures alongside Mindset Ventures and Banco Sabadell, and has received subsequent participation from Ocean Azul Partners.
Kovrr firmographics
Firmographics- Name
- Kovrr
- Legal name
- Kovrr
- Website
- https://kovrr.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Kovrr is a Tel Aviv-based cyber risk quantification and AI governance platform serving global insurers, financial institutions, and enterprises by translating cyber and AI exposure into financial metrics via Monte Carlo simulation-based SaaS.
- Ownership category
- akta.pro rank
Kovrr industry classification
Industry- Product category
- Cyber Risk Quantification and AI Governance Software
- NAICS
- Software Publishers (5132)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- AI Governance, Risk & Compliance (GRC) Platforms (HDAAAMAA)
- akta.pro secondary industries
- Model Governance, Risk & Compliance (GRC) Platforms (HDAAAKAA), Responsible AI, Security & Privacy Platforms (Safety, Guardrails, PII) (HDAEANAG)
Keywords
Where Kovrr is headquartered
LocationHeadquarters
- HQ city
- Tel Aviv
- HQ country
- Israel
- HQ region
- Middle East
Offices1 record
Markets served
Kovrr business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Platform Subscription: Kovrr operates as a SaaS platform with subscription-based pricing. The platform offers AI Security & Governance and Cyber Risk Quantification modules delivered via cloud-based software. Implementation includes onboarding support and the platform is described as being operational in less than a month.
- AI Advisory Services: Expert advisory services for AI governance operating model definition, framework alignment, AI asset review, safeguard assessment, and executive enablement provided alongside the platform.
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Kovrr product offering
Product offeringCore offering
Kovrr provides a SaaS-based cyber risk quantification (CRQ) and AI security governance platform that translates cyber and AI risk into financial metrics using Monte Carlo simulation modeling. It enables enterprises, (re)insurers, and private equity firms to quantify exposure, prioritize controls, optimize cyber insurance, comply with regulations (SEC, NIS2, DORA, EU AI Act), and report risk in financial terms to executives and boards. The offering is delivered as cloud-based subscription software with accompanying AI Advisory professional services.
Product overview
Kovrr is a cyber risk quantification and AI security governance platform provider. The company offers two integrated solution families: (1) the AI Security and Governance Platform with six modules covering the full AI lifecycle including AI Asset Visibility, AI Compliance Readiness, AI Risk Quantification (AIRQ), AI Third-Party Risk Management, AI Assurance Plan, and AI Risk Register; and (2) the Cyber Risk Quantification Platform covering cyber scenario identification, risk register management, portfolio analysis, insurance optimization, board reporting, budget justification, M&A due diligence, materiality analysis, and continuous control monitoring. Both platforms integrate with third-party tools including GitHub, Slack, Jira, Azure DevOps, AWS, Google Cloud, Salesforce, ServiceNow, Azure Resource Graph, Microsoft Defender for Cloud, AWS Security Hub, and Google Cloud Asset Inventory. The platform translates complex cybersecurity and AI-related data into financially quantified insights for budgeting, insurance, regulatory compliance, and strategic investment decisions.
Differentiator
Problem solved
Functional benefit
Products and services
- AI Security and Governance Platform Unified SaaS platform providing continuous security across the AI lifecycle for enterprises. Fuses telemetry from browser, identity, and network sources into a single source of truth for AI application use, compliance readiness, and continuous oversight, enabling defensible AI governance with quantified financial exposure linked to AI risk.
- Cyber Risk Quantification (CRQ) Platform SaaS platform that quantifies cyber risk exposure for enterprises, PE firms, and (re)insurers using Monte Carlo simulation. Covers scenario identification, control assessment, ROI analysis, insurance optimization, board reporting, M&A due diligence, materiality analysis, and continuous control monitoring.
- AI Advisory Services Professional advisory service providing expert guidance on AI governance, compliance, and risk decisions for enterprises deploying AI. Includes AI Governance Operating Model definition, framework and regulation alignment, AI asset review, safeguard assessment, governance roadmap, and executive enablement.
Quantifiable outcome
- Portfolio companies reduced cyber insurance premiums by 17% through quantified exposure analysis and policy optimization.
- +2 more outcomes
Companies that use Kovrr
Customer profileNamed customers15 records
Segments6 records
Ideal customer profiles4 records
Kovrr technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration13 records
AI capability6 records
Feature10 records
Kovrr partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor and core.
- LineSlipminorKovrr partnered with LineSlip, a leading data analytics provider, for the launch of their Peer Comparisons solution. The partnership enables enterprises, insurance brokers, and PE firms to benchmark how their cyber insurance stacks up to real-world peers, comparing limits, retentions, premiums, and modeled losses.
- MicrosoftcoreKovrr is a member of the Microsoft Intelligent Security Association (MISA). The platform integrates with Microsoft security products including Azure Resource Graph, Azure RBAC for secure API data extraction, and Microsoft Defender for Cloud. Azure integrations are demonstrated as primary CCM data ingestion examples.
- RockCyberminorRockCyber, led by CEO & Founder Rock (Kyriakos) Lambros, serves as an expert advisor in Kovrr's AI Advisory Services program. RockCyber brings three decades of emerging technology and cybersecurity experience focused on AI accountability, security, transparency, and bias.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Kovrr competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key highlights7 records
Customer concentration
Kovrr social profiles
Digital presenceKovrr compliance and trust
Trust signalCompliance9 records
Kovrr financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kovrr leadership team
Management profileNumber of profiles
Profiles3 records
Kovrr funding detail
Funding detailFunding overview
Funding rounds3 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kovrr M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Kovrr
What does Kovrr do?
Kovrr provides a SaaS-based cyber risk quantification (CRQ) and AI security governance platform that translates cyber and AI risk into financial metrics using Monte Carlo simulation modeling. It enables enterprises, (re)insurers, and private equity firms to quantify exposure, prioritize controls, optimize cyber insurance, comply with regulations (SEC, NIS2, DORA, EU AI Act), and report risk in financial terms to executives and boards. The offering is delivered as cloud-based subscription software with accompanying AI Advisory professional services.
Is Kovrr a public or private company?
Kovrr is a private company. It is classified as venture growth investor backed and is currently operating.
When was Kovrr founded?
Kovrr was founded in 2016. It employs 11 to 50 people.
Where is Kovrr based?
Kovrr is headquartered in Tel Aviv, Israel, in the Middle East region.
How does Kovrr make money?
Two revenue lines are on record. SaaS Platform Subscription is the primary driver. The others are AI Advisory Services.
Does Kovrr have an API?
Yes. Kovrr provides API access to connect with enterprise data sources for continuous control monitoring. The platform uses API access scope via Azure RBAC (Role-Based Access Control) to retrieve updated security control data and contextual information. Integrations support data extraction from cloud and security infrastructure including Azure Resource Graph, Microsoft Defender for Cloud, AWS Security Hub, Google Cloud Asset Inventory, and SIEM or data lake connectors. The platform also connects with developer and productivity tools including GitHub, Slack, Jira, Azure DevOps, Salesforce, and ServiceNow. API access enables real-time security signal ingestion, live control monitoring data updates, and automated evidence collection for compliance workflows.
What industry is Kovrr in?
Kovrr's product category is Cyber Risk Quantification and AI Governance Software. Its primary akta.pro industry code is HDAAAMAA, AI Governance, Risk & Compliance (GRC) Platforms, with a secondary code of HDAAAKAA, Model Governance, Risk & Compliance (GRC) Platforms. Its NAICS code is 5132 and its SIC code is 7372.