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Cytora logo — Powering the future of commercial insurance.

Cytora

Powering the future of commercial insurance.

Founded 2014 United Kingdom London, United Kingdom 130 employees Acquired Total: $32.10M

General Information

Company Name Cytora
Founded Year 2014
Location United Kingdom London, United Kingdom
Founders / Decision Makers
Team member Team member
Employees 130
Funding Stage Acquired
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Usage Based, Service Fee
Social

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About Cytora

Cytora, founded in 2014, is revolutionizing the commercial insurance landscape with its pioneering use of generative and agentic AI. Their AI applications are setting new standards in digitalizing risk workflows, offering unmatched levels of performance, configurability, and scalability across enterprises.

The company's slogan, "Powering the future of commercial insurance," succinctly captures its transformative impact. By enabling commercial insurers to boost premiums and enhance risk selection processes, Cytora is improving service delivery to brokers and clients, making it a formidable player in the insurance sector.

With headquarters in the United Kingdom, the company has recently secured an acquisition investment from Applied Systems as of 01 September 2025. This strategic investment underscores confidence in Cytora's innovative approach and its potential to accelerate industry advancements.

Business keywords: Generative AI, Agentic AI, Commercial Insurance, Risk Workflows, Underwriting Automation, Digital Risk Management, Data Augmentation, Risk Evaluation, Insurtech, Scalable Solutions, Configurable Platforms, Automated Underwriting

Services & Products

Digitization Center
Autopilot Workflow Automation
Concierge Services
Pre-built Schemas
Explainability Tools

Target Customers

Commercial Insurers Wholesale Brokers Managing General Agents (MGAs) Reinsurers Underwriters

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition Undisclosed 1
Applied Systems
01 Sep 2025
Support Program Undisclosed 1
Tech Nation
01 Mar 2020
Series B £25.00M 1
EQT Ventures
EQT Ventures
01 Apr 2019
Early VC £4.40M 3
Cambridge Innovation Capital Starr Insurance
Cambridge Innovation Capital, Starr Insurance +1
01 Dec 2017
Series A €2.70M 4
Parkwalk Advisors Cambridge Enterprise Morgan Partners
Parkwalk Advisors, Cambridge Enterprise +2
01 Jan 2017
Seed Undisclosed 4
Parkwalk Advisors QBE Ventures
Parkwalk Advisors, QBE Ventures +2
01 Aug 2016
Seed Undisclosed 2
Cambridge Enterprise Morgan Partners
Cambridge Enterprise, Morgan Partners
01 Oct 2015
Support Program Undisclosed 1
MassChallenge
MassChallenge
01 May 2015
Spinout Undisclosed 1
The University of Cambridge
The University of Cambridge
01 Jan 2014

Latest News

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Cambridge Enterprise builds London launchpad for next generation of deeptech founders
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Cytora Alternatives & Competitors

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Cytora vs
Planck
Planck United States

AI Data Platform for Commercial insurance. Increasing commercial premiums while reducing loss and ex...

Venture round
68 employees
AI, Big Data
Compare Cytora vs Planck
Cytora vs
Pibit.AI
Pibit.AI United States

The fastest path from submissions to better decisions.

Seed
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AI, Insurance
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Cytora vs
Continuity
Continuity France

Plateforme de souscription intelligente pour l’IARD Pro & Entreprise

Series A
47 employees
AI, SaaS
Also compare with: Cytora vs Ki Ki View all alternatives

FAQ About Cytora

Powering the future of commercial insurance.
Cytora was founded in 2014.
Cytora is headquartered in London, United Kingdom.
Cytora has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Usage Based and Service Fee.
Cytora has approximately 130 employees.
Cytora has completed 9 funding rounds, raising a total of $32.10M. The latest funding stage is Acquired.
Cytora offers: Digitization Center, Autopilot Workflow Automation, Concierge Services, Pre-built Schemas, Explainability Tools.
Top alternatives and competitors to Cytora include Planck, Pibit.AI, Continuity, Bold Penguin, Artificial Labs. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cytora and Planck are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Cytora, https://bouncewatch.com/company/cytora, updated 26 September 2026. When citing, please name BounceWatch and link this page.

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