Optalitix
Futureproof your pricing and underwriting with our low-code pricing software for Actuaries, Underwriters and Executives
65 employees · est. 2013 · London, United Kingdom
Optalitix is the older company (2013 vs 2022); Optalitix is the larger of the two.
Side-by-Side Comparison
| Metric | Optalitix | Vellum Insurance |
|---|---|---|
| Founded | ||
| Founded | 2013 older | 2022 |
| Headquarters | ||
| Headquarters | London, United Kingdom | Not tracked yet |
| Employees | ||
| Employees | 65 larger | 17 |
| Industry | ||
| Industry | AI, Education, Insurance | Insurance |
| Funding Stage | ||
| Funding Stage | Series Unknown | Seed |
| Total Funding | ||
| Total Funding | $7.00M | $7.00M |
| Funding Rounds | ||
| Funding Rounds | 4 | 1 |
| Services | ||
| Services | Insurance Pricing and Underwriting Software, Cloud-based Pricing Systems, No-code API Development, Data-driven Decision Making, Credit Portal Development | Data Ingestion, Data Transformation, AI-Driven Insights, Real-time Risk Assessment, Insurance Data Aggregation |
| Target Customers | ||
| Target Customers | Insurance Companies, Banks and Financial Institutions, Underwriters, Actuaries, Healthcare Providers | Insurers, Reinsurers, Managing General Agents (MGAs), Third Party Administrators (TPAs) |
| Taxonomy | ||
| Taxonomy | 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 | AI-powered Analytics, Insurance Technology, Reinsurance Technology, Risk Management, Data Unlocking, Trend Identification, Emerging Risks, Data-driven Insights, Insurance Innovation, Reinsurance Solutions, Predictive Analytics, Risk Assessment Tools, Bespoke Process Handling |
| Website | ||
| Website | optalitix.com | velluminsurance.com |
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 enhance...
About Vellum Insurance
Vellum Insurance, founded in 2022, is a pioneering player in the insurance sector, dedicated to revolutionizing the way the industry manages its ever-evolving risks. Under the slogan "From Bordereau to Insight", Vellum is focused on empowering both insurers and reinsurers to navigate a rapidly chang...
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Funding, hiring, leadership and stack changes at Optalitix and Vellum Insurance — by email.
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Compiled from the BounceWatch company index. We last looked at Optalitix on 21 Mar 2026, and Vellum Insurance on 12 Apr 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.