Cytora becomes UK's best funded insurtech with £25m Series B raise
Cytora, a provider of artificial intelligence-powered solutions for the commercial insurance sector, today announced the largest funding round by a UK-based insurtech in 2019 as it looks to expand its product suite and enter new territories including the US.
The £25m Series B funding round was led by the EQT Ventures fund and included existing investors Cambridge Innovation Capital, Parkwalk, and a number of angel investors.
Cytora was founded and spun
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