Parametrix Solutions Inc.

Parametrix Solutions Inc. , located in New York, NY, specializes in parametric insurance solutions designed to mitigate risks from digital and cloud-based IT system interruptions, ensuring rapid financial recovery for businesses. Founded in 2019, Parametrix Solutions Inc. focuses on providing parametric insurance products to address system interruptions.

The company has not disclosed any pivots in business strategy or operational changes. The founders include Jonathan Hatzor, Neta Rozy, Ori Cohen, Tamir Carmel, and Yonatan Hatzor, with Jonathan Hatzor serving as CEO. In December 2025, Parametrix Solutions Inc. raised USD 27 million in series B funding co-lead by new investors Mundi Ventures, HDI Global SE, and returning investor FirstMark Capital, with participation from another returning investor F2 Venture Capital.

Other unspecified investors also participated in the round. Parametrix specializes in parametric insurance solutions aimed at mitigating risks associated with system interruptions, specifically in the context of digital and cloud-based IT systems. Their core offerings provide financial protection against business losses from cloud outages, focusing on swift payouts and minimal waiting periods. The service eliminates cash deductibles, allowing clients to recover fully from system interruptions without the burden of loss assessments.

Parametrix serves a diverse client base, including risk managers and organizations in technology and cybersecurity, especially businesses engaging with financial institutions across Europe. Their solutions are marketed in the United States and Europe, ensuring broad reach for enterprises securing operations against digital disruptions. Parametrix generates revenue through its parametric insurance products, providing clients with immediate financial relief during IT system interruptions. The business model operates on a B2B basis, where organizations purchase tailored insurance coverage.

Clients engage through contracts detailing coverage terms and claim-trigger conditions. The flagship offerings ensure rapid compensation for outages, appealing to clients prioritizing business continuity and customer satisfaction. Specific pricing details are proprietary, but the model emphasizes transparent and accessible coverage options, facilitating engagement from a wide range of businesses. The company plans to utilize the December 2025 funding to grow its digital downtime insurance platform and introduce a cyber insurance offering that includes business interruption coverage, enabling quicker, pre-determined payouts.