Businesses grappling with the financial fallout of digital infrastructure downtime now have more options, as Parametrix, a leading provider of parametric insurance, has announced a $17.5M Series A funding round. The investment underscores the growing demand for solutions that bring clarity, speed, and efficiency to insuring digital systems.
Parametrix specializes in policies that protect against the costs of everything from third-party SaaS disruptions and cloud outages to internal system failures. Its offerings include SLA Insurance designed to stabilize data center returns and enhanced parametric business interruption coverage integrated into Cyber and Tech E&O policies.
