"Running a startup in today's market is filled with risk — good risk and bad risk," Embroker CEO Matt Miller, said in a release. "Ask many successful founders and they will likely say that they very much embrace risk. That's because the act of taking risks, intelligently and without fear of truly devastating consequences, is the very basis for progress and innovation." (Credit: rudall30/Adobe Stock)

In recent years, startup businesses have drawn unprecedented levels of investment with U.S. venture capital-backed companies raising $329.9 billion in 2021, but as funding grows for startups, so do the risks and the responsibilities to protect the business and its investors, according to Embroker.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]