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Overview
Parametrix Insurance provides insurance policies covering third-party IT downtime events such as cloud outages, e-commerce downtime, payment failures, and other disruptions from SaaS, PaaS and IaaS platforms. The parametric policies we offer are simple: hassle-free claims and quick payments.
We provide technology-reliant businesses with the liquidity and business continuity they need to quickly recover after downtime occurs.
Powered by robust monitoring systems and precise risk aggregation capabilities, our solutions leverage deep actuarial and data science expertise to provide new and innovative insurance policies that meet the needs of modern businesses.
About
Information Technology, Software, Financial Services, FinTech, InsurTech, Insurance
2019
11-50
Headquarters locations
New York, New York, United States, North America
Social
N/A
Profile Resume
Parametrix Insurance headquartered in New York, New York, United States, North America, operates in the Information Technology, Software, Financial Services, FinTech, InsurTech, Insurance sector. The company focuses on Information Technology and has secured $660.0M in funding across 24 round(s). With a team of 11-50 employees, Parametrix Insurance is actively contributing to advancements in Information Technology. Their latest funding round, Series A - Parametrix Insurance, raised $27.5M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
1
2
0
$27.5M
Details
1
Parametrix Insurance has raised a total of $27.5M in funding over 1 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2021 | Early Stage Venture | 27.5M |
Investors
Parametrix Insurance is funded by 6 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
FirstMark | - | FUNDING ROUND - FirstMark | 27.5M |
Jonathan Saacks | - | FUNDING ROUND - Jonathan Saacks | 27.5M |
Parametrix Insurance | - | FUNDING ROUND - Parametrix Insurance | 27.5M |
F2 Capital | - | FUNDING ROUND - F2 Capital | 27.5M |
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