About Cytora
Cytora is a Technology company based in London (United Kingdom) founded in 2012 by Andre Alzamora and Joshua Wallace, and was acquired by Applied in September 2025. It operates as a risk management solutions are delivered to insurers and underwriters. It operates in the Technology, Industrial Goods & Manufacturing, and Financial Services sectors. 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. Its chief executive is Andre Alzamora. Cytora offers products and services including Risk Digitization Platform and Risk Flows. Its focus areas include Enterprise Applications, GRC Software, Risk Management and FinTech. Its legal entity is CYTORA LIMITED. Its competitors include Sedgwick, Quantexa, ComplyAdvantage, Riskified and Alloy and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters London, United Kingdom
- Employees 38
- Founders Andre Alzamora, Joshua Wallace
- Stage Acquired
- SectorsTechnologyIndustrial Goods & Manufacturing Financial Services
- Website cytora.com
- Social LinkedIn X
- Acquired by Applied (Sep 2025)
- Legal Name Cytora Limited
- Date of Incorporation 26 Sep, 2012
- Jurisdiction LONDON, ENGLAND
- Annual Revenue$38.02 K (USD)-64as on Mar 31, 2017
- Net Profit-$1.05 M (USD)-98as on Mar 31, 2017
- EBITDA-$1.15 M (USD)-115as on Mar 31, 2017
- Total Equity Funding$41.53M (USD)
in 5 rounds
- Latest Funding Round$32.68M (USD), Series B
Apr 2019
- InvestorsApplied Systems
& 12 more
- Employee Count38
- Acquired byApplied
(Sep 2025)
Products & Services of Cytora
Cytora offers a comprehensive portfolio of products and services, including Risk Digitization Platform and Risk Flows.
Digitizes risk intake for efficient insurance processing
Automates risk evaluation and routing in insurance operations
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 $41.53M
- Total Rounds 5
- Last Round Series B — $32.68M
- First Round $20,550
(Dec 2013)
- Investors Count 12
All 5 funding rounds of Cytora with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2019 | $32.68M | Series B | – | EQT Ventures | |
| Dec 2017 | $5.91M | Series B | – | Richard Hartley | |
| Jan 2017 | $2.92M | Series A | – | Parkwalk | |
| Oct 2015 | – | Series A | – | Cambridge Enterprise | |
| Dec 2013 | $20,550 | Seed | – | – |
13 investors in total: 9 institutional and 4 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology and innovation sectors. | – | eqtventures.com | - | |
- | – | cicplc.co.uk | - | |
Tech companies are invested in by Parkwalk venture capital firm. | – | parkwalkadvisors.com | London, United Kingdom | |
General insurance and reinsurance services are offered worldwide. | 1886 | qbe.com | Sydney, Australia | |
P&C insurance broker | 1919 | starrcompanies.com | New York, United States | |
Provider of intellectual property management and technology consulting services | 2006 | enterprise.cam.ac.uk | Cambridge, United Kingdom | |
Develops NLP tools, offers licensing, and provides consultancy for text processing. | 2003 | ilexir.co.uk | Cambridge, United Kingdom | |
Degrees and courses in management are offered by the university. | 1990 | jbs.cam.ac.uk | Cambridge, United Kingdom | |
IP Ilkka Paananen | CEO of Supercell, angel investor, focused on gaming and tech startups. | – | unknown_2b1be8fbad264d069 | - |
PF Paul Forster | Angel investor, co-founder of Indeed, active in Indian startup ecosystem | – | unknown_aca7c0e767d14097b | - |
Investor details for Cytora
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Cytora
53 people are tracked at Cytora (20 in leadership, 10 in board & advisors, 23 in team); the tracked headcount is 38.
| Name | Role | Group |
|---|---|---|
Andre Alzamora | Co-Founder & CEO | Leadership |
Joshua Wallace | Co-Founder | Leadership |
João Domingues | Security Director | Leadership |
Ryan Brassey | Sales Director | Leadership |
Mathew Churchill | Customer Success Director | Leadership |
Tom Coward | CFO | Leadership |
Daria Kepa-Green | Director of Marketing | Leadership |
Aeneas Wiener | CTO | Leadership |
Zaheer Hooda | Head of North America | Leadership |
Richard Hartley | CEO | Leadership |
Liuben Siarov | Chief Data Officer | Leadership |
Juan De Castro | COO | Leadership |
Richard Lewis | Sales Director | Leadership |
Pedro Vicente | Head Of Platform Engineering | Leadership |
Matthew Gomm | Director Of Fp&a | Leadership |
Laura Genova | VP Of Sales, North America | Leadership |
Jorge MacHín Llanos | Head Of Solutions And Implementation | Leadership |
Matthew Churchill | VP Of Customer Success | Leadership |
Scott Murphy | Head Of Allianz Account | Leadership |
Zofia Safteruk-Przybysz | Chief Of Staff - Product, Engineering, Data | Leadership |
33 more people are available in the full profile.
Complete people profiles for Cytora
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Cytora
4 dated milestones of Cytora across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Cytora is founded.
- Funding First funding round of $21K.
- Funding Latest funding round, Series B, of $32.7M.
- Exit Acquired by Applied.
Competitors of Cytora
Cytora has 9 listed competitors in our database, 9 of them funded. They include Sedgwick, Quantexa, ComplyAdvantage, Riskified and Alloy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sedgwick.com | 1969 | Memphis, United States | $2.63M | 25,842 | Claims administration, loss adjusting, and benefits management services are provided. | |
| quantexa.com | 2016 | London, United Kingdom | $545.02M | 552 | AI-powered data and decision intelligence solutions are provided for businesses. | |
| complyadvantage.com | 2014 | London, United Kingdom | $167.21M | 443 | Cloud-based anti-money laundering solutions are provided for compliance. | |
| riskified.com | 2013 | New York, United States | $232.02M | 781 | AI-based fraud prevention for e-commerce payments is provided. | |
| alloy.com | 2015 | New York, United States | $211.37M | 216 | Identity decisioning platform is provided for banks and fintech firms. | |
| signifyd.com | 2011 | Palo Alto, United States | $394.38M | 399 | Provider of fraud prevention and payment validation for online retailers | |
| feedzai.com | 2011 | San Mateo, United States | $346.8M | – | Cloud-based big data and fraud prevention solutions are offered. | |
| encompasscorporation.com | 2011 | Glasgow, United Kingdom | $197.68M | 206 | Corporate Digital Identity and KYC solutions are provided by Encompass. | |
| forter.com | 2013 | Tel Aviv, Israel | $525M | – | Cloud-based fraud prevention solutions are provided for businesses. |
Detailed competitors of Cytora
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Web traffic of Cytora
The website of Cytora (cytora.com) receives about 7.3K visits a month.
- Monthly visits7.3K
▼ 12.6% vs previous month
Top companies in GRC, Risk & Compliance Software
10 companies that operate in the same segment as Cytora (GRC, Risk & Compliance Software), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 | |
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 5,915 | |
Identity and access management solutions are provided for developers. | 2013 | Bellevue, Washington, United States | USD 332.75 M | – | 350 | |
Cloud security posture management solutions are provided by the platform. | 2000 | Sunnyvale, California, United States | USD 54.2 M | USD 6.8 B | 14,140 | |
Digital workplace safety tools for inspections and audits are provided. | 2004 | Surry Hills, New South Wales, Australia | USD 297.93 M | USD 105.3 M | 506 | |
Compliance and risk management platform is offered to enterprises. | 2016 | San Francisco, California, United States | USD 504 M | – | 1,996 | |
Cloud-based tax compliance solutions are delivered for businesses worldwide. | 2004 | Seattle, Washington, United States | USD 342.97 M | USD 65.53 M | 1,623 | |
Hybrid cloud infrastructure solutions are delivered for business management. | 1977 | Austin, Texas, United States | – | USD 1.79 B | 8,890 | |
Cloud based identity governance and administration software | 2005 | Austin, Texas, United States | USD 26.65 M | USD 1.07 B | 2,740 | |
Online payment solutions are offered to consumers and businesses. | 1998 | San Jose, California, United States | USD 216 M | USD 31.79 B | 24,400 |
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Frequently Asked Questions about Cytora
Cytora was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Cytora is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Andre Alzamora is the current CEO of Cytora. They have also founded this 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 Seed of $20.55K, raised on Dec 2013.
Cytora has 38 employees.
Annual revenue of Cytora is $38.02K as on Mar 31, 2017.
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.
Cytora's top competitors include ComplyAdvantage, Sedgwick and Riskified.
Cytora offers Risk Digitization Platform and Risk Flows.
Cytora has 13 investors. Key investors include Applied Systems, Cambridge Enterprise, QBE Group, Starr Companies, and Cambridge Judge Business School.
Cytora operates through Cytora Limited.
Yes. Cytora was acquired by Applied in September 2025.