About Cytora
Cytora is a company based in London (United Kingdom) founded in 2012 by Andre Alzamora and Joshua Wallace was acquired by Applied in September 2025.. Cytora has raised $41.53 million across 5 funding rounds from investors including Applied Systems, Cambridge Enterprise and QBE Group. The company has 38 employees as of March 31, 2024. Cytora offers products and services including Risk Digitization Platform and Risk Flows. Cytora operates in a competitive market with competitors including Sedgwick, Quantexa, ComplyAdvantage, Riskified and Alloy, among others.
- Headquarter London, United Kingdom
- Employees 38 as on 31 Mar, 2024
- Founders Andre Alzamora, Joshua Wallace
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Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Cytora Limited
- Date of Incorporation 26 Sep, 2012
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$38.02 K (USD)-64as on Mar 31, 2017
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Net Profit
$-1.05 M (USD)-98as on Mar 31, 2017
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EBITDA
$-1.15 M (USD)-115as on Mar 31, 2017
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Total Equity Funding
$41.53 M (USD)
in 5 rounds
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Latest Funding Round
$32.68 M (USD), Series B
Apr 17, 2019
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Investors
Applied Systems
& 12 more
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Employee Count
38
as on Mar 31, 2024
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Acquired by
Applied
(Sep 09, 2025)
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Products & Services of Cytora
Cytora offers a comprehensive portfolio of products and services, including Risk Digitization Platform and Risk Flows. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Digitizes risk intake for efficient insurance processing
Automates risk evaluation and routing in insurance operations
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Funding Insights of Cytora
Cytora has successfully raised a total of $41.53M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $32.68 million completed in April 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $32.7M
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First Round
First Round
(03 Dec 2013)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Series B - Cytora | Valuation | EQT Ventures | |
| Dec, 2017 | Amount | Series B - Cytora | Valuation | Richard Hartley | |
| Jan, 2017 | Amount | Series A - Cytora | Valuation | Parkwalk |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cytora
Cytora has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Applied Systems, Cambridge Enterprise and QBE Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Tech companies are invested in by Parkwalk venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cytora
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cytora
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cytora Comparisons
Competitors of Cytora
Cytora operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sedgwick, Quantexa, ComplyAdvantage, Riskified and Alloy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Claims administration, loss adjusting, and benefits management services are provided.
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| domain | founded_year | HQ Location |
AI-powered data and decision intelligence solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based anti-money laundering solutions are provided for compliance.
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| domain | founded_year | HQ Location |
AI-based fraud prevention for e-commerce payments is provided.
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| domain | founded_year | HQ Location |
Identity decisioning platform is provided for banks and fintech firms.
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| domain | founded_year | HQ Location |
Provider of fraud prevention and payment validation for online retailers
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cytora
Frequently Asked Questions about Cytora
When was Cytora founded?
Cytora was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Cytora located?
Cytora is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Cytora?
Andre Alzamora is the current CEO of Cytora. They have also founded this company.
Is Cytora a funded company?
Cytora is a funded company, having raised a total of $41.53M across 5 funding rounds to date. The company's 1st funding round was a Series A of $2.92M, raised on Dec 03, 2013.
How many employees does Cytora have?
As of Mar 31, 2024, the latest employee count at Cytora is 38.
What is the annual revenue of Cytora?
Annual revenue of Cytora is $38.02K as on Mar 31, 2017.
What does Cytora do?
Cytora was founded in 2012 in London, United Kingdom, within the insurance technology sector. Risk management tools are provided for insurers and underwriters, including data extraction for risk digitization and portfolio strategy evaluation. Data sources are integrated, rules are defined, and risk flows are optimized to support operational efficiency. Services focus on enhancing underwriting processes through structured data handling and analysis.
Who are the top competitors of Cytora?
Cytora's top competitors include ComplyAdvantage, Sedgwick and Riskified.
What products or services does Cytora offer?
Cytora offers Risk Digitization Platform and Risk Flows.
Who are Cytora's investors?
Cytora has 13 investors. Key investors include Applied Systems, Cambridge Enterprise, QBE Group, Starr Companies, and Cambridge Judge Business School.