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Cytora

Configurable platform enabling commercial insurers to create digital workflows

Cytora logo
21-100 employees
  • Fintech
  • B2B
  • Enterprise
  • Insurance
Barbican, London, UK

Company mission

Cytora's mission is to transform insurance by helping insurers generate fairer premiums and enabling society at large to transfer risk in new and seamless ways.

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47% female employees

35% employee growth in 12 months

Our take

Insurance is vital to the economy, giving businesses the confidence to realise their ambitions in the face of uncertainty, but the underlying systems that insurance is built on are broken. Cytora is creating new foundations for insurance by providing insurers with the building blocks they need to deliver efficient, accurate underwriting and seamless customer experiences.

Cytora's platform enables risk submissions to be digitised, consistently evaluated using internal and external data sources and automatically processed for underwriting decision making. This means that risks can be digitally processed, maximising automation levels and delivering enhanced control over risk selection.

Cytora recently partnered with global specialist insurer Beazley, which follows a series of recent milestones for Cytora, including partnerships with Allianz, Markel and Ecclesiastical. The company is eyeing the US for its next expansion strategy.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • 33 days holiday (incl. bank holidays)
  • Remote-first
  • Work abroad budget - £2000 for every Cytorian each year, empowering and encouraging us to work beyond our regular spaces
  • Share options
  • Flexible hours
  • £1500 L&D budget
  • Enhanced parental leave when having, adopting or fostering a child
  • Home office budget

Funding (last 2 of 3 rounds)

Apr 2019

$31.7m

SERIES B

Dec 2017

$5.6m

EARLY VC

Total funding: $40.1m

This company has top investors

Leadership

Leads business strategy. Previously product strategist at eBaoTech, a cloud technology vendor to the insurance industry.

Leads engineering and data science. Has a highly technical PhD from Imperial, giving him the skills required to price commercial risk.

People progressing

Dimitra joined Cytora as a Junior Software Engineer in February 2022 before earning promotion to Software Engineer

Sam joined as Business Agility Director in 2019 before progressing to VP Product in 2022

Jobs (9)

All locations

Software Engineering