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Sayata logo — company profile

Sayata

Founded 2016 United States Boston, United States 50 employees Series A Total: $58.50M Fintech, Information Technology +2

General Information

Company Name Sayata
Founded Year 2016
Location United States Boston, United States
Founders / Decision Makers
Team member
Employees 50
Industries Fintech, Information Technology, Insurance +1
Funding Stage Series A
Social

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About Sayata

Sayata, a **Fintech** startup founded in **2016** in the **United States**, has recently received a significant **$35.00M Series A investment** on **24 January 2022** from notable investors including **Vertex Ventures**, **Hanaco Ventures**, **OurCrowd**, **Pitango Venture Capital**, **Team8**, and **Enron Ventures**. The company specializes in revolutionizing the commercial insurance industry with its AI-driven solutions. Sayata's innovative offerings aim to simplify and enhance the processes of placing and underwriting commercial insurance, paving the way for increased profitability. The company's flagship product, the **Sayata Risk Engine**, stands out as a cutting-edge tool, enabling insurance carriers to effectively assess and mitigate risks. By leveraging this technology, carriers are able to optimize their risk assessment, expand their risk appetite, and ultimately drive growth and profitability. In addition to benefiting carriers, Sayata's solutions also cater to brokers, agents, and other stakeholders within the insurance ecosystem, empowering them to perform their roles more effectively. Sayata's focus on leveraging advanced technology to transform the insurance landscape positions it as a promising player in the intersection of Fintech, Information Technology, and Insurance. With a strong emphasis on enhancing business growth and profitability across the industry, Sayata is well-poised to make a significant impact in the commercial insurance sector.

Business keywords: commercial insurance, AI-driven solutions, insurance technology, underwriting, brokerage, insurance carriers, technology platform, growth strategies, risk assessment, profitability, business expansion, rapid growth, educational tools, end-to-end solutions

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $35.00M 6
Vertex Ventures Hanaco Ventures OurCrowd
Vertex Ventures, Hanaco Ventures +4
24 Jan 2022
Series A $17.00M 4
Vertex Ventures OurCrowd
Vertex Ventures, OurCrowd +2
25 Aug 2021
Seed Round $6.50M -
25 Mar 2019

Sayata Alternatives & Competitors

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FAQ About Sayata

Sayata makes placing and underwriting commercial insurance easier and more profitable. Delivering practical AI-driven solutions, Sayata helps all parties in the Insurance ecosystem do their jobs better. Whether you’re a broker, agent, or insurance carrier, Sayata delivers advanced technological solu...
Sayata was founded in 2016.
Sayata is headquartered in Boston, United States.
Sayata operates in Fintech, Information Technology, Insurance and Insurtech. Its work centres on commercial insurance, AI-driven solutions, insurance technology and underwriting.
Sayata has approximately 50 employees.
Sayata has completed 3 funding rounds, raising a total of $58.50M. The latest funding stage is Series A.
Top alternatives and competitors to Sayata include hyperexponential, Helvengo, Century Underwriting Limited, Swyfft, Pibit.AI. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Sayata and hyperexponential 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 Sayata, https://bouncewatch.com/company/sayata, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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