QBE and Starr Companies-backed insurance underwriting software provider Cytora has secured $32.6m in an EQT Ventures-led round.
Cytora, a UK-based insurance technology developer backed by insurance provider QBE and financial services group Starr Companies, raised £25m ($32.6m) today in a series B round led by venture capital firm EQT Ventures.
The round included Cambridge Innovation Capital (CIC), the patient capital fund affiliated with University of Cambridge, as well as Parkwalk Advisors, the fund management subsidiary of commercialisation firm IP Group, and assorted angel investors.
Founded in 2014, Cytora has built a commercial insurance underwriting platform that relies…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
