Parametrix Raises $27M Series B to Expand Parametric Insurance for Digital Infrastructure
Parametrix, a New York–headquartered insurtech company specializing in parametric insurance for digital infrastructure and technology risk, has achieved a major funding milestone with the close of a $27 million Series B funding round in late 2025, marking a significant expansion of its investor base and underscoring strong market demand for innovative digital outage risk solutions. The funding comes amid a period of rapid growth for the company as enterprises and data center operators increasingly seek financial protection against cloud outages, service interruptions and cyber-related downtime.
Founded in early 2020 by CEO Yonatan Hatzor alongside co-founders Neta Rozy, Ori Cohen and Tamir Carmel, Parametrix created a new category of insurance designed to quantify and underwrite the financial impact of technology failures, such as data center downtime and SaaS interruptions, that can disrupt business operations and inflict significant revenue loss. Its proprietary monitoring and analytics platform tracks the real-time performance of thousands of digital services and data center networks, enabling pre-agreed, data-driven payouts when defined outage events occur — a hallmark of parametric insurance.
The $27 million Series B was led by Mundi Ventures, a global venture capital firm with deep expertise in insurtech and technology-enabled business models. FirstMark Capital, a New York-based venture firm known for backing innovative technology companies at various stages, also played a leadership role in the round. Joining the lead investors was Hannover Digital Investments, the corporate venture arm of HDI Group, along with continued support from existing backers, including F2 Venture Capital and several strategic investors.
Parametrix’s Series B brings its total funding raised to approximately $45 million since inception, following previous capital rounds including a $17.5 million financing round led by FirstMark Capital and F2 Venture Capital in 2021 that helped establish the company’s market presence and fuel early product development.
With this fresh capital infusion, Parametrix plans to scale its operations to meet accelerating global demand, particularly from large enterprises, data center operators and Fortune 500 clients seeking financial resilience in an era where cloud outages and digital system failures can have material business impact. Company leadership has said the funding will be used to expand product development efforts, grow its cyber underwriting and analytics teams, enhance proprietary data monitoring capabilities and broaden distribution through insurance brokers worldwide.
In conjunction with its Series B raise, Parametrix has introduced CyberPMX, a next-generation cyber and technology errors-and-omissions insurance product that integrates parametric digital business interruption coverage into traditional cyber insurance policies. This blended approach enables faster, pre-agreed payouts when specific digital supply chain disruptions occur, offering firms greater certainty and speed of recovery compared to conventional claims processes.
The company’s real-time risk platform monitors more than 7,000 SaaS, IaaS and PaaS services and over 750 data centers globally, generating over one billion performance metrics per month to inform underwriting, pricing and payout triggers — a capability that has distinguished Parametrix in the insurtech landscape. Its solutions aim to stabilize digital business operations by making technology downtime quantifiable and insurable at scale.
Parametrix’s funding and product evolution come at a time when cloud adoption, digital transformation and reliance on interconnected third-party services continue to rise, making uptime and resilience core business priorities. The company’s parametric insurance model gives enterprises pre-defined financial protection against defined disruption thresholds, helping them manage risk more transparently and efficiently than traditional indemnity-based insurance products.
Investor statements accompanying the Series B funding highlighted the growing importance of digital infrastructure resilience in an increasingly interconnected global economy. Partners from Mundi Ventures and FirstMark Capital emphasized that Parametrix is building foundational financial infrastructure that underpins modern cloud-centric enterprises, particularly as AI workloads, digital supply chains and data center ecosystems expand rapidly.
Parametrix’s trajectory — from early funding rounds to its latest Series B — reflects both the company’s ability to pioneer a new insurance category and the broader market’s recognition of the financial impact of technology outages. As digital business interruption risks continue to evolve, Parametrix’s capital position and backing from leading venture investors position it to deepen its role as a key provider of parametric insurance solutions for the digital age.
