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25th April 2019

Cytora secures £25 million round led by EQT Ventures

Cytora, a provider of AI-powered solutions for the commercial insurance industry, has completed its £25 million Series B funding round led by the EQT Ventures fund. Other participants include existing investors Cambridge Innovation Capital, Parkwalk, and a number of angel investors. The funding will be used to accelerate the expansion of Cytora’s product suite and scaling into new geographies. Cytora was founded and spun out of the University of Cambridge in 2014 by a team of machine learning scientists, data engineers and strategists.

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