We’re excited to announce that Parametrix has closed a $27M Series B financing round, led by Mundi Ventures, FirstMark Capital, and Hannover Digital Investments (the CVC arm of HDI Group), alongside several longstanding backers.

In today’s world, cloud outages, data-center failures, and digital downtime are becoming existential business risks. That’s why Parametrix’s work is so critical at this point in time:

• Their platform offers the first scalable solution to measure, underwrite, and insure digital business interruption, from cloud downtime to SLA breaches and infrastructure failures.

• Unlike traditional insurance, which often requires lengthy claims processes and ambiguous loss assessments, Parametrix uses real-time monitoring, data-driven risk modeling, and parametric triggers to deliver fast, transparent payouts.

• Insurers at Lloyd’s of London underwrite many of their policies, and the company is already working with global enterprises and data-center operators to bridge a growing protection gap.

As Parametrix achieves this huge milestone and enters its next stage of growth, they are incredibly well-positioned to ramp up their cyber-underwriting capabilities, expand their global footprint via broker channels, and deepen their analytics and monitoring tooling — effectively building the financial infrastructure that underpins the digital economy’s next phase.

As reliance on cloud, AI, and distributed infrastructure continues to surge, so too does the importance of risk models that reflect those dependencies. For that reason, we couldn’t be more excited about Parametrix and the journey ahead.