Parametrix raised $27 mn in Series B funding as global demand accelerates for financial protection tied to data center SLA failures and technology downtime.
The round was led by Mundi Ventures, FirstMark Capital, and Hannover Digital Investments, the corporate venture arm of HDI Group, with participation from existing backers including F2 Venture Capital and strategic investors.
The raise brings Parametrix’s total funding to $45 mn and caps a year in which revenue tripled. According to Beinsure analysts, that growth reflects a sharp shift in how enterprises and infrastructure owners think about downtime. It’s no longer an IT headache. It’s a balance-sheet risk.
Parametrix has built what it describes as the insurance market’s first platform capable of measuring and underwriting digital downtime at scale.
The company created a new insurance category aimed at stabilising data center cash flows, improving access to capital, and protecting the digital systems underpinning AI workloads and modern enterprises.
The platform now supports a full range of downtime and cyber-resilience products as pressure mounts on digital businesses to deliver uninterrupted performance. Cloud outages and data center disruptions aren’t edge cases anymore. They’re recurring events.
More than 20 Lloyd’s of London syndicates back Parametrix capacity. Its clients include Fortune 500 firms, data center operators, and large asset managers that want rapid, data-driven payouts when digital services fail.
Behind the product sits a dense data engine. Parametrix continuously monitors more than 7,000 SaaS, PaaS, and IaaS services and over 750 data centers worldwide.
Each month, the system generates more than 1 bn performance data points. That volume allows real-time trigger validation and gives underwriters an actuarial base to price downtime risk with far less guesswork than traditional cyber policies.
Alongside the funding, Parametrix is rolling out CyberPMX, a cyber and technology E&O product that embeds parametric digital business interruption cover into standard cyber insurance.
When predefined digital supply-chain disruptions occur, the policy pays out automatically under pre-agreed terms. No long adjustment cycles. No ambiguity.
The company said the new capital will support operational scaling as demand rises globally. Priorities include further product development, expansion of the cyber underwriting team, deeper data capabilities, and wider broker distribution.
Luis Viñas, partner at Mundi Ventures, said Parametrix is reshaping insurance for the digital economy and building financial infrastructure needed for the next phase of cloud and data center expansion.
Amish Jani, partner at FirstMark Capital, pointed to AI-driven infrastructure growth as a structural shift. He said Parametrix’s data-led model brings stability to a market that depends on uptime, whether it admits it or not.
AI is reshaping the world’s digital infrastructure, and Parametrix is uniquely positioned as the category-defining insurance partner powering that transition.
Amish Jani, Partner at FirstMark Capital
“Their data-driven approach brings clarity, stability, and confidence to a market that depends on uninterrupted performance. We are proud to stand alongside them in building the future of this essential sector,” said Amish Jani.
Parametrix CEO Jonathan Hatzor said demand for its SLA and cyber products is scaling quickly as operators face rising pressure on availability and performance.
He said the funding will help accelerate the category Parametrix created and expand protection for the infrastructure modern digital systems rely on. ”We’re proud to power the AI revolution with insurance designed for the core digital infrastructure behind it”.
Our SLA and cyber solutions are scaling rapidly as data centers and enterprise clients seek real financial resilience amid rising pressure on uptime and performance.
Jonathan Hatzor, CEO of Parametrix
“This investment allows us to accelerate the category we created, deepen our work with the world’s leading operators, and expand the protection backbone that modern digital infrastructure depends on.”
Founded to address digital business interruption, Parametrix focuses on parametric insurance tied directly to measurable performance events. Its monitoring network tracks availability across data centers, cloud platforms, and software providers, enabling fast, transparent payouts when systems go dark.
