OverviewSuggest Edit

Cytora is an artificial intelligence company powering a new way for commercial insurers to target, select and price risk. With the Cytora Risk Engine, insurers can measurably grow premium and reduce loss ratios while delivering more accurate prices to customers.

TypePrivate
Founded2013
HQLondon, GB
Websitecytora.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Sept 2020)61(-4%)
Revenue (FY, 2017)£29.1 K(-64%)
Cybersecurity ratingBMore

Key People/Management at Cytora

Richard Hartley

Richard Hartley

CEO and Co-founder
Andrzej Alzamora

Andrzej Alzamora

Chief Commercial Officer and Co-Founder
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Cytora Office Locations

Cytora has an office in London
London, GB (HQ)
9 Dallington St
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Cytora Financials and Metrics

Summary Metrics

Founding Date

2013

Cytora total Funding

$41.4 m

Cytora latest funding size

$32.62 m

Time since last funding

a year ago

Cytora investors

Cytora's latest funding round in April 2019 was reported to be $32.6 m. In total, Cytora has raised $41.4 m
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Cytora Revenue

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Cytora's revenue was reported to be £29.08 k in FY, 2017
GBP

Revenue (FY, 2017)

29.1k

Gross profit (FY, 2017)

29.1k

Gross profit margin (FY, 2017), %

100%

Net income (FY, 2017)

(806.6k)

EBIT (FY, 2017)

(877.3k)

Cash (31-Mar-2019)

1.0m
GBPFY, 2016FY, 2017

Revenue

81.5k29.1k

Gross profit

81.5k29.1k

Gross profit Margin, %

100%100%
GBPFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

12.3k141.4k1.6m4.8m1.0m

Accounts Receivable

143.8k6.6k6.0k146.0k525.3k

Current Assets

156.1k188.3k1.8m5.5m2.8m
GBPFY, 2015

Financial Leverage

2 x
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Cytora Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Cytora Online and Social Media Presence

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Cytora News and Updates

London AI startup Cytora raises £25m from Swedish backer EQT Ventures

Cytora, a provider of artificial intelligence (AI) technology to transform commercial underwriting in insurance, has today closed a £25m series B funding round led by EQT Ventures. Existing investors Cambridge Innovation Capital and Parkwalk also participated in the round, as well as a number of …

Cytora secures £25M Series B for its AI-powered commercial insurance underwriting solution

Cytora, a U.K. startup that developed an AI-powered solution for commercial insurance underwriting, has raised £25 million in a Series B round. Leading the investment is EQT Ventures, with participation from existing investors Cambridge Innovation Capital, Parkwalk and a number of unnamed angel inve…

Cytora Frequently Asked Questions

  • When was Cytora founded?

    Cytora was founded in 2013.

  • Who are Cytora key executives?

    Cytora's key executives are Richard Hartley and Andrzej Alzamora.

  • How many employees does Cytora have?

    Cytora has 61 employees.

  • What is Cytora revenue?

    Latest Cytora annual revenue is £29.1 k.

  • What is Cytora revenue per employee?

    Latest Cytora revenue per employee is £477 .

  • Who are Cytora competitors?

    Competitors of Cytora include Passage AI, minds.ai and Visii.

  • Where is Cytora headquarters?

    Cytora headquarters is located at 9 Dallington St, London.

  • Where are Cytora offices?

    Cytora has an office in London.

  • How many offices does Cytora have?

    Cytora has 1 office.