DLT Alert
Parametric cyber warranty platform for SMBs, delivering verified payouts within 24 hours
Overview
DLT Alert is a parametric cyber warranty platform for small and medium-sized businesses (SMBs), offering financial protection against cybersecurity incidents through automated, self-validating payouts. The company embeds its warranty products within managed service provider (MSP) and managed security service provider (MSSP) offerings, enabling cybersecurity solution providers to bundle cyber coverage alongside their existing services.
The core product is the Cyra platform, a SaaS solution that combines AI-driven underwriting intelligence with continuous managed detection and response (MDR) capabilities. Cyra automates risk assessment and incident verification, replacing traditional claims adjudication with algorithmic triggers that issue payouts via prepaid Mastercard within 24 to 48 hours of a confirmed cyber event. Coverage amounts range from USD 1,000 to USD 50,000, targeting the underserved segment of SMBs that lack access to conventional cyber insurance.
In March 2026, Algorithmic Insurance Services (LIRG) announced a USD 15M quota-share reinsurance arrangement backing DLT Alert's embedded parametric cyber warranty rollout for cybersecurity solution providers. The company has received early-stage backing from Danu Venture Group and support from accelerators including InsurTech NY and The Batchery. DLT Alert is actively expanding into Latin America to address cyber coverage gaps in markets where traditional insurance access is limited.
Products & Services
Cyra Platform
A 3-in-1 AI-powered software platform integrating underwriting intelligence, managed detection and response, and parametric warranty delivery for SMB cyber risk management.
Key Features
- AI-driven risk scoring and automated submission for rapid multi-carrier evaluation
- Real-time continuous security monitoring linked to underwriting triggers
- Automated parametric payout validation via blockchain-based incident verification
Target Users: MSPs, MSSPs, MGA partners, and cybersecurity solution providers embedding coverage into their offerings
Cyra Underwriting
An automated underwriting module that streamlines risk intake, performs parametric coverage assessment, and enables multi-carrier submission workflows.
Key Features
- Automated risk assessment and eligibility scoring
- Parametric payout triggers with USD 1,000 to USD 50,000 coverage tiers
- Prepaid Mastercard disbursement within 24 to 48 hours of verified incident
Target Users: MGA partners and insurance carriers seeking embedded SMB cyber underwriting
Cyra MDR
Managed detection and response capabilities that provide continuous monitoring, alerting SMBs to active threats and feeding verified telemetry into the underwriting and claims validation process.
Key Features
- Continuous endpoint and network monitoring
- Integration with EDR platforms including SentinelOne and Microsoft 365
- Real-time vulnerability alerting to shift SMBs from reactive to proactive security posture
Target Users: SMBs seeking bundled cyber monitoring with parametric financial coverage
Ransomware Warranty
A specialized parametric warranty product addressing ransomware incidents, with pricing incentives for SMBs that complete cybersecurity employee training programs.
Key Features
- Parametric ransomware incident coverage
- Training-linked premium discounts recognizing human-error risk factors
- Fast-pay payout on verified ransomware trigger events
Target Users: SMBs with existing cybersecurity training programs and MSP-managed environments
At a Glance
- Founded
- 2022
- Headquarters
- Katy, Texas, USA
- Employees
- 1-10
- Funding
- Seed
Category & Focus
- Category
- Specialty Solutions
- Subcategories
- Parametric Insurance Cyber Insurance Embedded Insurance
- Insurance Verticals
- Specialty/E&S
- Target Customers
- MGAs/MGUs, Carriers, Brokers
Customers
- Spektrum.ai (integration partner for security scoring)
- MSPs and MSSPs (unnamed, embedded distribution channel)
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Last updated: 2026-06-15