Insights

SLA Insurance Growth Parametrix is expanding into data center SLA insurance with a product that brands uptime as a predictable, insurable outcome. This presents opportunities to engage data center operators, investors, and lenders seeking stable, asset-backed performance guarantees.

Cyber and Tech E&O The integration of parametric BI coverage into cyber and technology E&O policies creates a differentiated offering. target cybersecurity teams, MSPs, SaaS providers, and digital service platforms that rely on complex vendor ecosystems.

Series B Momentum Recent $27M Series B funding and high-profile backing signal rapid demand and growth, suggesting timing is favorable for strategic partnerships, co-selling with brokers, and enterprise client acquisition in digital infrastructure and cloud-dependent sectors.

Lloyds and Global backing As a Lloydโ€™s Coverholder backed by major insurers, Parametrix can leverage global distribution through established brokers to reach multinational data centers, cloud providers, and financial institutions needing uptime-based risk transfer.

First-of-its-kind SLA Product Launch of the first SLA-centric cyber/product offering creates a unique selling proposition to differentiate from traditional cyber policies, enabling cross-sell opportunities with existing cyber customers and new clients seeking measurable uptime guarantees.

Similar companies to Parametrix

Parametrix Tech Stack

Parametrix uses 8 technology products and services including Google Ads, Linkedin Insight Tag, Snowplow, and more. Explore Parametrix's tech stack below.

Media & News

Parametrix's Email Address Formats

Parametrix uses at least 3 email formats:
Parametrix Email FormatsExamplePercentage
First@parametrixinsurance.comJohn@parametrixinsurance.com
92%
Last@parametrixinsurance.comDoe@parametrixinsurance.com
5%
First.L@parametrixinsurance.comJohn.D@parametrixinsurance.com
3%

Frequently Asked Questions

What is Parametrix's official website and social media links?

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Parametrix's official website is parametrixinsurance.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Parametrix generate?

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As of August 2026, Parametrix's annual revenue is estimated to be $50M - $100M.

What is Parametrix's NAICS code?

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Parametrix's NAICS code is 524 - Insurance Carriers and Related Activities.

How many employees does Parametrix have currently?

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As of August 2026, Parametrix has approximately 41 employees across 2 continents, including North America and Asia. Key team members include Chief Commercial Officer (cco): S. H., Chief Financial Officer: L. B. and Vp Finance: T. K. Explore Parametrix's employee directory with LeadIQ.

What industry does Parametrix belong to?

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Parametrix operates in the Insurance industry.

What technology does Parametrix use?

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Parametrix's tech stack includes Google Ads, Linkedin Insight Tag, Snowplow, Docker, MongoDB, Redis, Figma and Microsoft Azure.

What is Parametrix's email format?

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Parametrix's email format typically follows the pattern of First@parametrixinsurance.com. Find more Parametrix email formats with LeadIQ.

How much funding has Parametrix raised to date?

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As of August 2026, Parametrix has raised $45M in funding. The last funding round occurred on Jun 26, 2021 for $28M.

When was Parametrix founded?

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Parametrix was founded in 2019.
Parametrix logo

Parametrix

InsuranceNew York, United States11-50 Employees

Parametrix is an insurance provider that specializes in parametric coverage for digital business interruption. Its products address the financial impact of downtime in digital infrastructure, including disruptions to third-party SaaS, SLA breaches, cloud outages, and internal system failures. Coverage is designed to trigger predefined payouts when performance thresholds are breached, turning uptime risk into a predictable insurable outcome. The company operates as a Lloyd's Coverholder, with policies underwritten by major A-rated global insurers and distributed through leading brokers worldwide. 

Its target market includes data-center operators, investors, lenders, and other organizations that rely on digital systems and seek protection for both first- and third-party losses, with digital business interruption coverage serving as a foundation for uptime guarantees. Based in New York City, New York, Parametrix is a small-to-mid-sized insurer. In December 2025, Parametrix launched CyberPMX, a cyber and technology E&O product that embeds parametric digital BI coverage into traditional policies.

Section iconCompany Overview

NAICS Code
524 - Insurance Carriers and Related Activities
Founded
2019
Employees
11-50

Section iconFunding & Financials

  • $45M

    Parametrix has raised a total of $45M of funding over 2 rounds. Their latest funding round was raised on Jun 26, 2021 in the amount of $28M as a Series A.

  • $50M - $100M

    Parametrix's revenue is estimated to be in the range of $50M - $100M

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