Parametrix — raw details

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About

Parametric Insurance for IT Downtime

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.

Identity

Name	Parametrix
Slug	parametrix
Type / kind	startup
Crunchbase ID	parametrix
Source _id	agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICA4MLDjYsKDA

Status

Status	active
Last update	2026-05-17

Location

HQ country code	IL
HQ region/district	Center District
HQ city	Tel Aviv-Yafo
HQ address	Weizmann St 2, Tel Aviv-Yafo, Israel

Web & social

Website	https://www.parametrixinsurance.com
LinkedIn	https://www.linkedin.com/company/parametrix-insurance

Classifications

Primary sector Fintech & Insurtech

Sub-sectors

Fintech & InsurtechInsurtech

Technologies

Data StorageCloudCDN

Target customers

Financial ServicesFinancial ProductsInsuranceFinancial InstitutionsBrokerageEnterprise & Professional ServicesEnterprisesSMBs & SMEs

Business models

B2B

Funding

Total raised	$44.5M
Current stage	Series B

Raw source document

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