Mundi Ventures leads a $27 million Series B investment in Parametrix, the leading provider of parametric insurance for digital business interruptions, to enhance its global operations and capitalize on rising demand for digital risk solutions.

Information on the Target

Parametrix is a pioneering firm specializing in digital business interruption insurance. Recognized as a leader in parametric insurance solutions, Parametrix provides businesses with innovative ways to protect against financial losses due to outages in digital infrastructure, encompassing data centers, cloud services, and SaaS platforms. Their unique approach involves real-time monitoring and analytics, which enables rapid claims processing and accurate risk assessments, ensuring that companies can manage and transfer the financial risks associated with technology failures effectively.

Headquartered in New York, Parametrix operates as a Managing General Agent and Lloyd's Coverholder. It is backed by several A-rated global insurers, enhancing its credibility and reach within the market. The company has demonstrated impressive growth, reporting a 300% increase in revenue in 2025, driven primarily by an escalating demand for robust Data Center SLA protection and cyber risk management solutions.

Industry Overview in the Target’s Specific Country

The insurance technology (insurtech) industry in the United States is experiencing significant transformation, bolstered by advancements in technology and an increase in digital reliance among enterprises. As digital infrastructure becomes a corners