Founded Year

2014

Stage

Incubator/Accelerator - III | Alive

Total Raised

$41.43M

About Cytora

Cytora provides AI-powered solutions for the commercial insurance industry. The company enables underwriting for commercial insurance via the Cytora API-enabled Underwriting Platform that allows insurers to underwrite more efficiently and deliver fairer prices to their customers.

Cytora Headquarter Location

9 Dallington Street Clerkenwell

London, England, EC1V 0LN,

United Kingdom

Cytora's Product Videos

Product Demo.png

ESPs containing Cytora

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Insurance / P&C Insurance Tech

Predictive analytics uses statistical modeling and artificial intelligence methods to complement the actuarial approach, offering a more forward-looking view. Tech solutions in this market serve specific insurance use cases, such as pricing or portfolio optimization. These solutions cater to underwriters looking for a plug-and-play predictive analytics platform.

Cytora named as Outperformer among 7 other companies, including Concirrus, Betterview, and Gradient AI.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Cytora's Products & Differentiation

See Cytora's products and how their products differentiate from alternatives and competitors

  • Cytora Platform

    Cytora is the configurable platform that enables commercial insurers to process risks at greater efficiency and accuracy. Cytora digitises every incoming risk, augments them with additional data sources, evaluates them against multiple rules including appetite and priority, and routes them to downstream systems for automated or manual underwriting.

    Differentiation

    Our competitors are mainly internal teams trying to operate more efficiently. There are attempts to build pin-point solutions who aren’t supportive of the multi-staged risk processing workflows. Cyt… 

Research containing Cytora

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Cytora in 4 CB Insights research briefs, most recently on Jul 22, 2022.

Expert Collections containing Cytora

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Cytora is included in 3 Expert Collections, including Insurtech.

I

Insurtech

3,595 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

A

Artificial Intelligence

9,093 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

F

Fintech

4,779 items

Track and capture company information and workflow.

Latest Cytora News

Insurtech Cytora names Zaheer Hooda as Head of North America

Jun 9, 2022

Reinsurance News UK insurtech Cytora has appointed Zaheer Hooda – former Senior Vice President of Data and Digital Enablement for Hiscox USA, as its Head of North America. Within his new role, Hooda will bring his fifteen years of experience within the industry, which includes driving strategic operational and digital transformation projects for companies such as Hiscox and McKinsey & Company. In addition, Hooda will also oversee the expansion of Cytora’s US office. Moreover, in December 2021, it was also announced that Allianz had announced an agreement to leverage AI-driven risk processing from Cytora. Hooda, commented: “Insurance is undergoing a revolution with new technology reducing costs, increasing effectiveness and transforming the customer experience. Cytora has positioned itself at the forefront of global insurtech innovation by creating a platform which provides so much clear value to insurers. “Cytora is experiencing growing global demand for its platform and I am excited to work with US carriers on enabling them to achieve the advantages of the digital transformation. I am delighted to play my part in Cytora’s rapid worldwide growth story.” Richard Hartley, CEO of Cytora, added: “Zaheer is an exceptional talent who will bring a wealth of experience to our North American operations. We are seeing a huge amount of demand for Cytora from US companies and now is the right time for us to strengthen our US presence.”

Cytora Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Cytora Rank

  • When was Cytora founded?

    Cytora was founded in 2014.

  • Where is Cytora's headquarters?

    Cytora's headquarters is located at 9 Dallington Street, London.

  • What is Cytora's latest funding round?

    Cytora's latest funding round is Incubator/Accelerator - III.

  • How much did Cytora raise?

    Cytora raised a total of $41.43M.

  • Who are the investors of Cytora?

    Investors of Cytora include Tech Nation Fintech, Parkwalk Advisors, Cambridge Innovation Capital, EQT Ventures, Cambridge Enterprise Seed Funds and 15 more.

  • Who are Cytora's competitors?

    Competitors of Cytora include Zesty.ai, Artificial Labs, Chisel AI, App Orchid, Carpe Data, Wenalyze, Squirro, Micruity, Verikai, Digital Fineprint and 53 more.

  • What products does Cytora offer?

    Cytora's products include Cytora Platform.

  • Who are Cytora's customers?

    Customers of Cytora include Allianz and Ecclesiastical.

You May Also Like

Atidot Logo
Atidot

Atidot is a cloud-based, SaaS platform tailored specifically to the needs of the life insurance industry, which uses AI, machine learning and predictive analytics to enable life insurers to make data-driven business decisions. The company was founded in 2016 and is based in Ramat Gan, Israel.

Montoux Logo
Montoux

Montoux provides pricing transformation for life insurance carriers, allowing them to respond easily to fast-changing market dynamics, while also improving their profitability and sales. The company's application's integrated modules allow life insurers to combine pricing, competitive analysis, elasticity analysis and price optimization in one reliable, easy to use application. With Montoux, product and pricing teams can perform highly detailed, segmented analysis of their key pricing metrics in a fraction of the time they could before, with greater results.

CLARA Analytics Logo
CLARA Analytics

CLARA Analytics builds easy-to-use, AI/machine-learning based products that can get claims teams in front of their workers’ compensation claims. The products unlock predictive insights from the claims data to provide key signals to the claims team to drive efficiencies and improve the claim outcomes.

dacadoo Logo
dacadoo

dacadoo develops and operates a mobile-first digital health engagement platform that helps people live healthier, more active lives through a combination of motivational techniques and AI. The company's patented Health Score provides valuable feedback for end-users, and the dacadoo risk engine provides mortality and morbidity risk data, which is used by insurers for underwriting and population health analysis.

P
Planck

Planck is a commercial insurance data platform, built to enable insurers to instantly and accurately underwrite any business. Planck's technology platform aggregates and mines large datasets, using advances in artificial intelligence (AI) to automatically generate and deliver key insights customized to the commercial underwriting process. The end result is an underwriting process with greater insurer visibility into risk factors, leading to improved new business conversion and retention rates and lower loss ratios.

Carpe Data Logo
Carpe Data

Carpe Data provides next-generation predictive scoring and data products to P&C and life insurance companies. Leveraging the social web, online content, wearables, connected devices, and other forms of next-generation data Carpe Data's products enables insurers to more accurately predict risks and innovate with new products to meet changing customer habits. Carpe Data was founded in 2016 and is based in Santa Barbara, California.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.