Sayata
Commercial Risk Platform for Insurance Brokers and Carriers
Company Overview
Snapshot
Founded in May 2016 by Asaf Lifshitz, Iddan Golomb, and Avishay Maya, Sayata operates with 11–50 employees. The company raised a total of $59 million across 3 funding rounds from 7 investors. Sayata was acquired by GBLI in September 2025.
Business overview
Sayata provides a commercial risk platform designed for insurance brokers and carriers, aiming to accelerate growth by streamlining the quote, bind, and issue processes. The company offers an end-to-end technological solution, complemented by educational tools, to facilitate efficient risk placement. Sayata's platform serves the Fintech & Insurtech sector, enabling partners to expand their commercial book of business.
Strategic signal
In April 2024, Sayata unveiled an AI-Powered Risk Engine, signaling a strategic advancement in its core technology. This development is poised to revolutionize small commercial insurance underwriting by enhancing efficiency and accuracy, demonstrating the company's commitment to leveraging artificial intelligence to drive innovation in the insurtech market.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant recent corporate development for Sayata?
- In September 2025, Sayata was acquired by GBLI. This acquisition brought Sayata's AI-powered insurance marketplace under Global Indemnity's umbrella.
- What new technology did Sayata introduce in 2024?
- In April 2024, Sayata unveiled an AI-Powered Risk Engine designed to revolutionize small commercial insurance underwriting, enhancing efficiency and accuracy in the process.
- What product update did Sayata announce in May 2023?
- In May 2023, Sayata launched the first online platform to offer multiple miscellaneous professional liability quotes in one place, simplifying the process for brokers and carriers.
- What executive team expansion did Sayata announce in September 2022?
- In September 2022, Sayata expanded its executive team with the appointment of a Chief Distribution Officer, aiming to strengthen its market reach and partnerships.
- What type of insurance did Sayata add in September 2022?
- In September 2022, Sayata added the first-of-its-kind cyber business insurance, ACTM, to its offerings, addressing a growing market need for specialized cyber risk coverage.