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?
- Sayata was acquired by GBLI in September 2025. This deal, estimated at tens of millions of dollars, integrated Sayata's AI-powered insurance marketplace under Global Indemnity’s umbrella.
- What is Sayata's core technological offering?
- Sayata offers an AI-enabled digital distribution marketplace for commercial insurance, streamlining the quote, bind, and issue processes for brokers and carriers. In April 2024, Sayata unveiled an AI-Powered Risk Engine to revolutionize small commercial insurance underwriting.
- When did Sayata last raise a funding round?
- In January 2022, Sayata added $35 million to its Series A funding round. Pitango Growth led this round, with participation from OurCrowd.
- What product innovation did Sayata introduce in May 2023?
- In May 2023, Sayata unveiled the first online platform designed to offer multiple miscellaneous professional liability quotes in one place, enhancing its commercial risk platform capabilities.
- Did Sayata expand its executive team recently?
- In September 2022, Sayata expanded its executive team with the appointment of a Chief Distribution Officer. Additionally, in January 2023, Shachar Gidron was appointed as the new Vice President of R&D.