Parametrix
Parametric Insurance for IT Downtime
StartupParametrix is a Tel Aviv-Yafo-based startup in the Fintech & Insurtech sector, established in 2019. Parametric Insurance for IT Downtime. The company has raised a total of $27.5M across 1 funding round, currently at the A stage. Parametrix was founded by Jonathan Hatzor, Neta Rozy, Tamir Carmel. Key investors include FirstMark Capital, F2 Venture Capital. The company has 11-50 employees. Core technologies: Data Storage, Cloud, CDN.
With $27.5M in total funding, Parametrix is a A-stage company operating in Fintech & Insurtech. The company follows a B2B business model. Product stage: Released.
- StageA
- ProductReleased
- ModelB2B
- Employees11-50
- HQTel Aviv-Yafo
- DistrictCenter District
- Last Round$27.5M
- FirstMark CapitalLead
- F2 Venture Capital
Jonathan HatzorCo-founder & CEONeta RozyCo-founder
Tamir CarmelCo-founder
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What does Parametrix do?
Parametrix, the leading provider of digital business interruption risk solutions, is a Managing General Agent and Lloyd’s Coverholder based in New York that underwrites parametric insurance against digital supply chain interruption. Parametrix leverages proprietary technology to continuously monitor the performance of a variety of third-party IT services across the globe, and to collect granular data on service interruptions. It uses that data to assess risk, provide instant insurance quotations, and to streamline claims payments, which are delivered within days. Parametrix policies are backed by major A-rated global insurers.
How much funding has Parametrix raised?
Parametrix has raised $27.5M in total funding across 1 rounds. The company is currently at the A stage. Key investors include FirstMark Capital, F2 Venture Capital.
Who founded Parametrix?
Parametrix was founded in 2019 by Jonathan Hatzor (Co-founder & CEO), Neta Rozy (Co-founder), Tamir Carmel (Co-founder).
What sector is Parametrix in?
Parametrix operates in Fintech & Insurtech, Insurtech, with core technologies in Data Storage, Cloud, CDN. Target customers: Financial Services, Financial Products, Insurance, Financial Institutions, Brokerage, Enterprise & Professional Services, Enterprises, SMBs & SMEs.
Where is Parametrix located?
Parametrix is based in Weizmann St 2, Tel Aviv-Yafo, Israel, Center District.