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Optalitix logo — One connected pricing and underwriting platform, AI-enabled...

Optalitix

One connected pricing and underwriting platform, AI-enabled by design and built for every pricing role.

Founded 2013 United Kingdom London, United Kingdom 67 employees Venture round Total: $7.00M AI, Education +6

General Information

Company Name Optalitix
Founded Year 2013
Location United Kingdom London, United Kingdom
Employees 67
Industries AI, Education, Insurance +5
Funding Stage Venture round
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Usage Based, Service Fee
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About Optalitix

Optalitix is an innovative software provider established in 2013, headquartered in the United Kingdom. The company specializes in a low-code pricing and underwriting platform that transforms models built in Excel, Python, and R into cloud-hosted APIs within minutes. This seamless integration enhances compatibility with existing underwriting and policy administration systems, providing underwriters with advanced tools such as claims forecasting and simulations.

Renowned for its ease of use, Optalitix empowers insurers to enhance pricing accuracy, boost underwriting performance, and manage risks effectively. It has garnered multiple accolades from prestigious programs including Lloyd's Lab and Mass Challenge. Esteemed clients include Pool Re, Zurich, and AXA.

The company recently secured a $3.00M investment in a venture round on 11 September 2024, with participation from notable investors 24Haymarket and Calculus Capital. As an industry leader in AI and Insurtech, Optalitix is positioned for growth in the global insurance market.

Business keywords: low-code software, pricing models, underwriting tools, cloud APIs, actuarial management, claims forecasting, insurance innovation, workflow configuration, productivity enhancement, insurance SaaS, underwriting performance, reinsurance platforms, AI modeling, Excel to cloud transformation

Services & Products

Insurance Pricing and Underwriting Software
Cloud-based Pricing Systems
No-code API Development
Data-driven Decision Making
Credit Portal Development

Target Customers

Insurance Companies Banks and Financial Institutions Underwriters Actuaries Healthcare Providers

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $3.00M 2
24Haymarket Calculus Capital
24Haymarket, Calculus Capital
11 Sep 2024
Series A £4.00M 2
Calculus Capital
Calculus Capital, Whitehorse Capital
08 Sep 2022
Non Equity Assistance Undisclosed 1
MassChallenge
MassChallenge
17 Dec 2020
Seed Round Undisclosed 1
Accenture
08 Jan 2018

Optalitix Alternatives & Competitors

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FAQ About Optalitix

One connected pricing and underwriting platform, AI-enabled by design and built for every pricing role.
Optalitix was founded in 2013.
Optalitix is headquartered in London, United Kingdom.
Optalitix operates in AI, Education, Insurance, Insurtech, Banking, Life insurance, Car insurance and Machine Learning. Its work centres on low-code software, pricing models, underwriting tools and cloud APIs. Its customers include Insurance Companies, Banks and Financial Institutions and Underwriters.
Optalitix has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Usage Based and Service Fee.
Optalitix has approximately 67 employees.
Optalitix has completed 4 funding rounds, raising a total of $7.00M. The latest funding stage is Venture round.
Optalitix offers: Insurance Pricing and Underwriting Software, Cloud-based Pricing Systems, No-code API Development, Data-driven Decision Making, Credit Portal Development.
Top alternatives and competitors to Optalitix include Artificial Labs, Montoux, N5 Now, RIA Insurance, Federato. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Optalitix and Artificial Labs 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 Optalitix, https://bouncewatch.com/company/optalitix, updated 26 September 2026. When citing, please name BounceWatch and link this page.

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