Parametrix Insurance
Parametrix creates parametric insurance policies focused on external software downtime, tailored to technology-dependent businesses.
Business Model: B2B
Revenue: $0
Employees: 11-50
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Detailed Parametrix Insurance Information
Geographic Data
Address: 157 Columbus Ave
City: New York
State: NY
Zip: 10023
Country: US
Financial Info
Stage:
series a
Raised Last:
$18M
Raised Total:$18M
Social
Metrics
1,905,236Website Global Rank
11,490Website Monthly Traffic
Twitter Followers
Description
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.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 5/2021 | Series A | $0 |
F2 Capital FirstMark F2 Capital FirstMark |
5/2021 | Venture Round | 2 | $17.5M |
FirstMark Capital F2 Ventures F2 Capital FirstMark |
|---|
| Announced Date | Name | Price |
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