Page 26 - Firstmark Capital News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Japanese insurance giant Sompo has launched a new insurance product to insure e-commerce stores on platforms such as Yahoo! Shopping, Shopify, and Amazon, based on the technology of Israeli startup Parametrix. Paramatrix's plan is to provide service to millions of customers in Japan and the Far East over the next few years, thanks to the collaboration. The project was created and agreed upon during the Covid-19 pandemic solely through Zoom meetings.  Parametrix specializes in insurance policies in the event of cloud-based crashes or downtime, ensuring that companies with mission-critical se...

Israeli company Parametrix is the market leader in insurance policies in the event of cloud-based crashes or downtime.

Smart even management platform, Bizzabo, has acquired two companies to help facilitate better networking at hybrid events

Parametrix Insurance Raises $17.5M in Funding The round was led by FirstMark Capital with participation from F2 Ventures. The company intends to use the funds to accelerate global expansion, with sales in more countries either directly or through a network of insurance brokers. Led by Yonatan Hatzor, CEO, Parametrix Insurance is an insurtech company, which ensures companies with mission-critical services in the cloud can recover from IT downtime events. The company’s insurance offerings protect businesses (such as cloud providers, e-commerce services, payment gateways and CRM systems among...

Click HERE to find out ⭐ Israel-Based Insurtech Parametrix Raises $17.5 Million Through Latest Investment Round. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.