DataStream

What DataStream does

DataStream Insurance Services, Inc., founded in 2022 and headquartered at 1250 Borregas Ave #54, Sunnyvale, California, is a licensed cyber insurance brokerage that operates as a tech-enabled intermediary between SMB end-customers and a panel of 40+ cyber insurance carriers, including underwriting capacity sourced from leading London and Bermuda (re)insurers. The company is licensed across all 50 US states, the District of Columbia, and Canada, and distributes both directly through an online quote platform and indirectly through an MSP/MSSP/IT consultant partner channel.

The product stack rests on a proprietary cyber risk model that evaluates more than 3,000 risk factors against the company's claimed dataset of cyber losses across nearly one million companies and over $10 billion in insurance premiums. Layered on top of the core brokerage are: (i) a free Cyber Insurance Risk Assessment (CIRA) Report exposed via the Partner Portal; (ii) attacker-reconnaissance simulation tools that emulate pre-attack reconnaissance to surface vulnerable clients; (iii) an automated gap-analysis tool that identifies missing security controls during the quoting workflow; and (iv) an Incident Response Plan builder, plus pre-breach services (policy review, IT stack analysis) and post-breach incident response support. The 2024 Cork partnership adds cyber warranty to the offering, and a 2024 alliance with Cavelo streamlines the MSP underwriting questionnaire.

Commercially, DataStream earns commission revenue on bound cyber insurance policies (and ancillary warranty revenue via Cork), with typical SMB premiums in the $900–$2,400 band for $1M of coverage and a 50% premium delta between strong and weak cyber postures. The go-to-market is channel-led through MSP/MSSP partners and complemented by a direct SMB self-serve flow, with customer segments of SMBs (primary) and MSPs (primary), and MSSPs (secondary). The company reports 11–50 employees (internally estimated at 10–15) and does not publicly disclose revenue, funding, or valuation.

Name

DataStream

Legal name

DataStream Insurance Services, Inc.

Website

https://datastreaminsurance.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

DataStream is a tech-enabled cyber insurance brokerage that compares policies from 40+ carriers for SMBs and routes distribution through MSP/MSSP partners, anchored by a proprietary cyber risk model trained on large-scale cyber-loss data.

Ownership category

akta.pro rank

Headquarters

HQ city

Sunnyvale

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Cyber Insurance Brokerage Commissions: DataStream acts as a licensed insurance broker earning commissions from insurance carriers when policies are bound. They compare 40+ carrier options to find the best coverage at lowest cost for SMBs.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

DataStream is a tech-enabled cyber insurance brokerage that places cyber liability coverage for small and medium-sized businesses (SMBs). Around the policy, it bundles proprietary cyber risk assessment (CIRA Report), an Incident Response Plan Builder, existing-policy review, and pre-breach advisory services, and distributes these through both direct channels and an MSP/MSSP partner program.

Product overview

DataStream is a tech-enabled cyber insurance brokerage platform tailored for SMBs. The core offering is DataStream Cyber Insurance, which provides tailored cyber liability insurance quotes from 40+ carriers. The platform is complemented by supporting tools including the CIRA (Cyber Insurance Risk Assessment) Report, Incident Response Plan (IRP) Builder, Existing Policy Review service, and Pre-Breach Services. DataStream also offers a dedicated MSP Partner Program for managed service providers. The company is powered by partnerships with leading London and Bermuda (re)insurers and provides coverage in all 50 US states, District of Columbia, and Canada.

Differentiator

Problem solved

Functional benefit

Products and services

• DataStream Cyber Insurance
• CIRA Report
• Incident Response Plan Builder
• Existing Cyber Insurance Policy Review
• Pre-Breach Services
• MSP Partner Program

Quantifiable outcome

• Companies with strong cyber posture pay 50% less ($1,118 avg) than those with poor posture ($2,248 avg) for $1M coverage
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability4 records

Feature4 records

Partnerships

Ten partnerships are on record, tiered core and supporting.

• CorkcoreStrategic or Co-development Partner · 12 June 2024Purpose-built cyber warranty company for MSPs serving SMBs. Platform with AI-enhanced cyber risk engine offers near-instant coverage and settlements after security incidents. 'Protection from the Inside Out' approach puts control in MSPs' hands.
• CavelocoreTechnology or Integration · 10 June 2024Business alliance to simplify MSP cyber insurance questionnaire process. Helps streamline the application and underwriting workflow for MSP partners and their clients.
• AcroniscoreTechnology or Integration · 12 July 2023Acronis is a global cyber protection company providing natively integrated cybersecurity, data protection, and endpoint management for MSPs, SMBs, and enterprise IT departments. Partnership helps customers navigate changing cyber insurance landscape.
• Trend MicrocoreTechnology or Integration · 12 July 2023Global cybersecurity company specializing in endpoint, cloud, and network security solutions. Partnership enables comprehensive cyber protection aligned with insurance requirements.
• LiongardcoreTechnology or Integration · 12 July 2023Leading provider in Attack Surface Management. Mitigates IT and cybersecurity risks by monitoring and documenting system configurations, detecting meaningful changes, and providing insights and next-step actions.
• NodewarecoreTechnology or Integration · 12 July 2023Vulnerability management solution with swift deployment, multi-tenant dashboard, continuous scanning, and detailed vulnerability data with built-in remediation guidance. Key component of safe computing.
• Compliance ScorecardsupportingTechnology or IntegrationPurpose-built GRC platform for MSPs delivering Compliance as a Service (CaaS). Maps frameworks including CMMC, SOC 2, HIPAA, CIS, NIST. Aligns policies, controls, and evidence to MSP operations.
• KamanjasupportingTechnology or IntegrationSaaS platform enabling MSPs to reduce liability and increase client security. Provides comprehensive and affordable security management solution for compliance readiness.
• Purves Redmond Limited (PRL)supportingChannel Partner/ Reseller/ DistributorEmployee-owned insurance brokerage firm founded in Toronto 1959 with offices in Vancouver, Calgary, Montreal, and Sudbury. Services include insurance brokerage, risk management advisory, and employee benefits consulting. Serving Canadian market.
• Insurance Training Center (ITC)supportingImplementation/ SI/ Consulting PartnerPremier global destination for insurance education and resources. Offers meticulously designed online courses with technical content from subject matter experts for insurance professionals and buyers.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• At-Bay: Cyber insurance technology company that combines proprietary security data with insurance for SMB and mid-market. Directly comparable business model of tech-enabled cyber underwriting and broker partnerships.
• Cowbell Cyber: AI-driven cyber insurance provider and MGA focused on SMBs with continuous risk assessment and partner-driven distribution. Closest direct peer to DataStream given shared SMB focus, AI-based risk modeling, and reliance on broker/agent channels.
• Resilience: Cyber insurance and risk management platform combining underwriting with cybersecurity solutions for mid-market and SMB, with a tech-led approach similar to DataStream's risk-modeling plus pre-breach services strategy.
• Corvus Insurance: Cyber insurance MGA built on data-driven underwriting, distributed heavily through brokers serving mid-market and SMB. Comparable tech-enabled cyber specialty model with broker-led GTM.

Broad incumbents

• Chubb: One of the largest commercial insurers with a substantial cyber insurance practice for SMB and mid-market. Competes with DataStream indirectly as a major carrier underwriting cyber risk and increasingly pushing direct-to-customer experiences.
• Travelers: Large US commercial insurer with a meaningful cyber insurance portfolio for small and mid-sized businesses. Competes with DataStream as a carrier and in cyber placement for the SMB segment.
• The Hartford: Major SMB-focused commercial insurer offering cyber and data breach coverage through agents. Competes indirectly with DataStream for the same SMB buyers and is a potential carrier placement partner.
• Coalition: One of the largest cyber insurance insurtechs, serving SMB through enterprise with proprietary data, active monitoring, and broker distribution. A more scaled incumbent in the same space, operating as a direct competitor to DataStream's broker-side offering.
• Hiscox: Established global specialty insurer with a strong small business cyber insurance product. Overlaps with DataStream in the SMB cyber segment and is one of the carrier types DataStream places business with.

Emerging players

• Measured Insurance: AI-powered cyber insurance provider focused on SMBs. Comparable SMB cyber specialty focus with proprietary analytics, though at an earlier stage of scale and channel development than DataStream.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/datastream-cyber-insurance
• Xx.com/DataStream_Ins
• Facebookfacebook.com/DataStream-Insurance-104589198575876

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DataStream