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

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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
Fintech / Insurtech

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 8 other companies, including Concirrus, Betterview, and Gradient AI.

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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 3 CB Insights research briefs, most recently on May 5, 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

3,564 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

9,051 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

4,770 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

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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 Artificial Labs, Chisel AI, Carpe Data, Wenalyze, Digital Fineprint and 13 more.

  • What products does Cytora offer?

    Cytora's products include Cytora Platform.

  • Who are Cytora's customers?

    Customers of Cytora include Allianz and Ecclesiastical.

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