Parametrix has raised $27M in Series B funding amid accelerating global demand for financial protection against data center Service Level Agreement (SLA) and technology downtime risk. The round was led by Mundi Ventures, FirstMark Capital, and Hannover Digital Investments (CVC of HDI Group) with participation from existing backers including F2 Venture Capital and strategic investors. This brings total funding to $45 million and caps a year of 3x in top-line growth, marking a breakout year for its new insurance category.

Parametrix has built the insurance market’s first and only platform capable of measuring and underwriting digital downtime at scale, establishing a new category of insurance that stabilizes data center cash flows, unlocks capital, and protects the digital backbone powering AI and modern enterprises. The company now offers a full suite of downtime and cyber-resilience solutions designed to support digital businesses under growing pressure for uninterrupted performance. 

Backed by more than 20 leading syndicates at Lloyd’s of London, Parametrix is trusted by Fortune 500 companies, data center operators, and major asset managers worldwide to deliver fast, data-driven payouts when critical digital services go offline. As cloud outages and data center disruptions surge globally, Parametrix’s proprietary technology continuously tracks more than 7,000 SaaS, PaaS, and IaaS services and over 750 data centers worldwide, generating over one billion performance data points each month. This depth and precision enable real-time trigger determination and provide the actuarial foundation needed to accurately price and insure digital downtime at scale, offering unmatched transparency and reliability to carriers and clients.

In parallel, Parametrix is introducing CyberPMX, a new Cyber and technology E&O insurance product that integrates parametric digital business interruption protection into a standard cyber policy. The parametric component provides fast, pre-agreed payouts when defined digital supply-chain disruptions occur, helping organizations recover more quickly and with greater certainty. 

The new funding will support scaling operations to meet accelerating global demand, including continued product development, expansion of the cyber underwriting team, enhanced data capabilities, and broader broker distribution.

“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 center growth.”

“AI is reshaping the world’s digital infrastructure, and Parametrix is uniquely positioned as the category-defining insurance partner powering that transition,” said Amish Jani, Partner at FirstMark Capital. “Their data-driven approach brings clarity, stability, and confidence to a market that depends on uninterrupted performance. We are proud to stand alongside them in building the future of this essential sector.”

”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 centers 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.”