Parametrix raises $27m in funding round and rolls out new cyber insurance product
Parametrix, a provider of digital business interruption solutions, has completed a $27 million Series B funding round led by Mundi Ventures, FirstMark Capital, and HDI Group, joined by F2 Venture Capital and several other strategic investors.
The round brings total Parametrix funding to $45 million and follows 300% top-line growth in 2025, driven by accelerating global demand for the company’s product suite, including Enterprise Cyber Risk Solutions and Data Center Service Level Agreement (SLA) protection.
The new capital will be used to scale operations across all functions of the company, including continued product development, expansion of the cyber underwriting team, enhanced data collection and analysis, and expanded broker distribution.
Parametrix has also announced the rollout of CyberPMX, an enhanced all-in-one cyber insurance product that embeds parametric digital business interruption insurance into high-quality conventional cyber coverage.
Underwritten at Lloyd’s of London, the digital BI component provides rapid, pre-agreed payouts triggered by clearly defined events such as outages across cloud services, SaaS providers, payment gateways, CRMs and other parts of an insured’s digital supply chain.
Following a successful pilot in the US, the product is now available through brokers across the US, UK, Europe and Israel, and can be written as primary or excess coverage, or as a standalone cyber solution.
“Parametrix is redefining insurance for the digital era,” said Luis Viñas, Partner at Mundi Ventures. “We believe they are building the financial infrastructure that will underpin the next generation of cloud and data centre growth.”
”We’re proud to power the AI revolution with insurance designed for the core digital infrastructure behind it,” said Jonathan Hatzor, CEO of Parametrix. “Our SLA and cyber solutions are scaling rapidly as data centres and enterprise clients seek real financial resilience amid rising pressure on uptime and performance. This investment allows us to accelerate the category we created, deepen our work with the world’s leading operators, and expand the protection backbone that modern digital infrastructure depends on.”
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