Parametrix
New York
About Parametrix
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 Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: $1K – $10K
- Total funding: $44.5M
- Funding stage: Early Stage Venture
- Last round: Series B (Dec 2025)
- Website: parametrixinsurance.com
- Phone: +1 929 298 4242
Industries & Categories
Financial Services, FinTech, Information Technology, Insurance, InsurTech
Social Profiles
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