Written by Dattak | Apr 23, 2026 3:24:34 PM
## Press release - Dattak ### Insurtech Dattak raises 7 million euros from XAnge and BA to protect SMEs against Cyber risk Paris, June 21, 2022 Dattak is an Insurtech created by Benoit Grouchko and Charlotte Couallier, to help SMEs protect themselves against Cyber risk. Dattak is available 24 hours a day to intervene, manage their crisis situation in the event of an attack, and compensate them. It also offers a technology that reduces their Cyber risk. This Seed financing round is led by XAnge and followed by a number of business angels, including Matthieu Bébéar (former Chief Business Officer of AXA). The stakes for SMEs are immense: according to a study conducted in 2019 by British insurer Hiscox, 50% of SMEs that are at a standstill for several weeks following a cyber attack go bankrupt within 6 months. ### Dattak, a comprehensive insurance product to protect SMEs Dattak was born in January 2022 from the meeting between **Benoît Grouchko** (serial entrepreneur, founder of data marketing platform Teemo sold to Near in 2020) and **Charlotte Couallier**, actuary, first employee of Insurtech Leocare and former commercial director of partnerships at AXA France. Dattak offers a comprehensive insurance product for VSEs and SMEs, with a very simple subscription process, coupled with software that identifies security breaches and helps companies resolve them. The startup announced today that it has raised €7 million in Seed capital from XAnge and a number of business angels, including Matthieu Bébéar. "As we collect a lot of sensitive data at Teemo, cybersecurity was an important issue. I realized that all SMEs face this problem, and with Charlotte we came up with an insurance product to better cover them against this risk, combined with technology to protect them" explains **Benoît Grouchko, CEO and co-founder of Dattak**. Insurtech has adopted an indirect distribution model, targeting brokers. The technology developed by Dattak enables brokers to obtain a quote in just one minute, with a 100% digital underwriting path. Dattak has entered into a partnership with insurer Wakam to carry the insurance risk. Franck Pivert, Chief Revenue Officer of Wakam, comments: "We're delighted to have built up this cutting-edge insurance solution with Dattak, with its simplified underwriting process, to help small businesses protect themselves against cyber attacks. As a digital insurer, Wakam is particularly attentive to this type of emerging risk, and it seemed natural to us to support insurtech Dattak, with whom we share a common DNA of innovation and agility!"
### The technology at the heart of the solution Dattak has developed a cybersecurity technology that assesses and reduces the Cyber risks incurred by companies. The startup then makes its technology available to its customers, alerting them when vulnerabilities are detected. In this way, a virtuous follow-up is put in place, both for the insured and the insurer. **Charlotte Couallier, COO and co-founder of Dattak**, explains: "Insurance cannot be the only bulwark against cyber attacks. That's why we've created an offer that analyzes the exposure of very small businesses. For the residual risk, we have co-constructed with Wakam the best insurance offer and a simple underwriting process with no technical questions asked, which can be completed online in less than a minute". The insurance product includes: management of the crisis situation, getting systems and the company back up and running as quickly as possible, resolution of security issues and compensation for all damage caused: incident management, business interruption, third-party liability, etc. According to a 2019 study by UK insurer Hiscox, 50% of SMEs that are down for several weeks following a cyber attack go out of business within 6 months. Cyber risk is one of the main emerging risks for SMEs and ETIs, according to risk barometers carried out by AXA and Allianz. Yet fewer than 5% of SMEs are protected against this risk today. Dattak's mission is to offer cyber insurance products that meet the needs of these companies.
### With this round of funding, Dattak aims to eliminate a cyber risk that is omnipresent among SMEs. SMEs may be less lucrative targets than large corporations, but they are far more vulnerable:over 50% of SMEs claim to have suffered an attack attempt last year. The year 2021 will have been a record year for cyber-attacks: in particular, Anssi reporteda 255% increase in reports of ransomware. Dattak's ambition is to become Europe's leading cyber insurance provider, protecting tens of thousands of businesses. The company plans to recruit more than 10 people this year, notably in sales, engineering and underwriting positions, to support its development. **Alexis du Peloux, Principal at XAnge**, comments: "We are extremely enthusiastic about the idea of supporting Dattak, which combines many of the things we hold dear at XAnge: a market validated by great successes on other continents; a fund dynamic with the emergence of cyber risk and, above all, exceptional entrepreneurs in Benoît and Charlotte. We'll be working alongside them to build a European leader." **About Dattak**: Dattak is an Insurtech created in December 2021 by Benoît Grouchko and Charlotte Couallier. The startup is an underwriting agency that provides brokers with cybersecurity insurance products. We radically simplify the underwriting process, and offer insurance tailored to each company, combining insurance expertise and cybersecurity technology. We make our technology available to customers in real time to help them reduce their risk. **About XAnge**: XAnge is an early-stage investment fund with €600 million under management, based in Paris, Berlin and Munich. Its investment team supports European entrepreneurs with ambitions to change everyday life through technology, investing amounts ranging from 500,000 to 10 million euros at the seed stage. With an investment thesis focused on making technology accessible to as many people as possible, XAnge invests in the deeptech, healthcare, fintech, Saas and e-commerce sectors. XAnge has supported companies such as Lydia, Welcome to the Jungle, Odoo, Believe, Shine, Greenly, Silvr, 360 Learning and Ledger. XAnge is the innovation brand of the Siparex Group. **About Wakam**: Wakam is an insurer that designs white-label, customized and embedded insurance solutions for its distribution partners and their customers, through its "Play & Plug" technology platform. Present in 32 European countries, with 2021 sales of €455 million, Wakam is one of France's top 20 P&C insurers. In 2021, Wakam entered Sønr's global Insurtech100 ranking, ranking directly in 9th place. In line with its social commitments, Wakam is a company with a mission within the meaning of the Pacte law. Press contact: Estelle Monraisse: estelle@altercom-conseil.fr - 06 60 41 81 52 Find out more: https://www.maddyness.com/2022/06/22/startups-cybersecurite-confortent-assise/ Cyber risk is the number 1 risk for any company, whatever its size.