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 Ratings3.7

Latest Updates

Employees (est.) (Jan 2021)59(-3%)
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

2 years 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

87/100

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 Blogs

How do you build a disruptive frontend for commercial insurance?

Building a disruptive frontend for commercial insuranceHow we approach frontend web development at CytoraInsurance has weaved itself into our daily lives, but most of the time we don’t think about it. When we travel, when we buy a car, or even when we get home, insurance always finds a way into the …

Going fully remote in the age of Covid: A Software Engineer’s perspective

How engineering at Cytora is adapting to permanent remote-firstThis month, Cytora made an important announcement: we are going remote-first.This means we can work from any location — and we’re even being given a £2000 remote working travel budget to work from wherever we want in the world (Covid res…

The Five Ws of automating UI testing at Cytora

The Five W’s of automating UI testing at CytoraOur approach to UI testing and automationWhat is UI testing?UI testing is the process of exploring and checking the user interface of an application. This means testing to see how your application, website or software interacts with a user, by checking …

Becoming a developer — without a computer science degree

Becoming a developer — without a computer science degreeAdvice based on my journey to becoming a junior software engineer at CytoraWhen I graduated from the London School of Economics with a Master’s degree, I had no idea I could be in a full-time developer role six short months later. After all, my…

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 59 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 £493 .

  • 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.