# Sayata US Insurance Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sayata-us-insurance-services

- Industry: Software
- Headquarters: Boston, US
- Website: www.sayata.com
- Total disclosed funding: $59M
- Latest round: Series A (Jan 24, 2022)
- Investors on record: 7

## About

Sayata US Insurance Services, Inc. is an insurtech company based in Boston, specializing in risk management solutions tailored for insurance professionals, utilizing advanced analytics to optimize underwriting processes.Founded in 2016 by Asaf Lifshitz, Avishay M, and Iddan Golomb, Sayata US Insurance Services focuses on providing innovative risk management platforms. The company has secured a total of USD 35.00 mn in Series A funding as of January 24, 2022, co-led by Hanaco Venture Capital and Pitango Venture Capital, with participation from existing investors like OurCrowd. Sayata has completed three deals since its inception and does not have any subsidiaries or parent company references.Sayata offers a suite of innovative products designed to streamline risk management for businesses in the insurance technology sector. Their primary offering is a comprehensive platform that leverages advanced analytics and machine learning to assess business risks, enabling insurance brokers and underwriters to make informed decisions quickly. This platform addresses specific use cases such as evaluating policy applications, identifying potential fraud, and optimizing underwriting processes. Sayata’s solutions cater primarily to insurance professionals in the United States, where they serve a diverse client base, including small to medium-sized businesses seeking tailored insurance coverage. The company has established itself as a key player in the insurtech market since its launch, focusing on enhancing efficiency and accuracy in insurance operations.Sayata generates revenue through a subscription-based model, where clients pay for access to their risk management platform and associated services. Businesses typically enter into annual contracts that grant them access to the software, regular updates, and customer support. The pricing structure is tiered, enabling clients to select plans that align with their operational needs and user requirements. This model fosters long-term relationships with clients, promoting ongoing engagement and upselling opportunities for additional features. Sayata’s flagship product, which integrates various risk assessment tools, forms the core of its revenue stream, further solidifying its position as a significant player in the insurtech landscape.Following a successful Series A funding round in January 2022, which raised USD 35.00 mn, Sayata plans to accelerate the addition of new business insurance lines. The company is focused on expanding its market reach, particularly targeting new geographic regions within the United States, to broaden its client base further. The recent funding will be instrumental in supporting the development and launch of these new products and enhancing their risk management solutions. 
In August 2025, Global Indemnity plc acquired Sayata US Insurance Services, Inc. from Elron Electronic Industries, Kamet Ventures, OurCrowd, Team8 Capital, Vertex Ventures Israel, Elron Ventures, Hanaco Venture Capital, and Pitango Venture Capital, Financial terms of the transaction were not disclosed. The acquisition enables Global Indemnity plc to provide better distribution solutions for specialty insurance and new products.

## Funding rounds

- Series A, Jan 24, 2022, $35M — Pitango, Vertex Ventures Israel, OurCrowd, Hanaco Venture Capital, Team8 Capital, Elron Ventures
- Series A, Aug 25, 2021, $17M — Vertex Ventures Israel, OurCrowd, Kamet Ventures, Team8 Capital, Elron Ventures
- Seed, Mar 26, 2019, $6.5M — Elron Ventures

## Investors

- Elron Ventures (https://capitalatlas.ai/funds/elron-ventures) — Seed, Series A
- Vertex Ventures Israel (https://capitalatlas.ai/funds/vertex-ventures-israel) — Series A
- OurCrowd (https://capitalatlas.ai/funds/ourcrowd) — Series A
- Kamet Ventures (https://capitalatlas.ai/funds/kamet-ventures) — Series A
- Team8 Capital (https://capitalatlas.ai/funds/team8-capital) — Series A
- Pitango (https://capitalatlas.ai/funds/pitango) — Series A
- Hanaco Venture Capital (https://capitalatlas.ai/funds/hanaco-venture-capital) — Series A