Parametrix Insurance

Financial Services, FinTech, Information Technology, Insurance, InsurTech, Software
Founded in 2019-01-01
New York, New York, United States
For Profit

About Parametrix Insurance

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.

Company Metrics

  • Employees: 51-100
  • Monthly Visits: None
  • Tech Stack: 35 active products

Financial Information

  • Estimated Revenue: Less than $1M
  • Total Funding: 17500000 USD
  • Last Funding: 17500000 USD (Series A)
  • Funding Status: Early Stage Venture

Technology Stack

Parametrix Insurance actively uses 35 products in their tech stack.

Market Presence

Industries: Financial Services, FinTech, Information Technology, Insurance, InsurTech, Software

Headquarters: New York, New York, United States

Leadership