About Sayata
Sayata is a company based in Boston (United States) founded in 2016 by Avishay M., Iddan Golomb, and Asaf Lifshitz was acquired by Penn-America Underwriters in September 2025.. Sayata has raised $65 million across 4 funding rounds from investors including OurCrowd, Elron Ventures and Pitango. Sayata operates in a competitive market with competitors including Corvus Insurance, Telivy, Limit, Coinnect and Mindaro, among others.
- Headquarter Boston, United States
- Founders Avishay M., Iddan Golomb, Asaf Lifshitz
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$65 M (USD)
in 4 rounds
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Latest Funding Round
$35 M (USD), Series A
Jan 24, 2022
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Investors
OurCrowd
& 8 more
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Employee Count
Employee Count
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Acquired by
Penn-America Underwriters
(Sep 02, 2025)
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Funding Insights of Sayata
Sayata has successfully raised a total of $65M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $35 million completed in January 2022. 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 4
- Last Round Series A — $35.0M
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First Round
First Round
(26 Mar 2019)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series A - Sayata | Valuation | Pitango , Hanaco Ventures | |
| Aug, 2021 | Amount | Series A - Sayata | Valuation | Team8 , Vertex Ventures Israel | |
| Mar, 2019 | Amount | Seed - Sayata | Valuation | Elron Ventures |
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| 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 Sayata
Sayata has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include OurCrowd, Elron Ventures and Pitango. 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 tech and healthtech sectors through dedicated funds.
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Founded Year | Domain | Location | |
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Startups are funded through venture capital by Hanaco Ventures.
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Founded Year | Domain | Location | |
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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 Sayata
| 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 - Sayata
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Sayata Comparisons
Competitors of Sayata
Sayata 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 Corvus Insurance, Telivy, Limit, Coinnect and Mindaro, 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 |
AI-based policy software is developed for commercial insurance.
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| domain | founded_year | HQ Location |
Quoting and workflow management software for insurers is developed.
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| domain | founded_year | HQ Location |
Commercial insurance products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Provider of solutions to assess, mitigate, and manage cyber security risks for insurance industry
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| domain | founded_year | HQ Location |
Quoting solutions for cyber insurance are provided to intermediaries.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Sayata
Frequently Asked Questions about Sayata
When was Sayata founded?
Sayata was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Sayata located?
Sayata is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Sayata?
Asaf Lifshitz is the current CEO of Sayata. They have also founded this company.
Is Sayata a funded company?
Sayata is a funded company, having raised a total of $65M across 4 funding rounds to date. The company's 1st funding round was a Seed of $6.5M, raised on Mar 26, 2019.
What does Sayata do?
Sayata was founded in 2016 and is based in Boston, United States. Operations focus on the insurance sector, where quoting solutions are delivered alongside digital signing processes, tech EO coverage, and cyber coverage options. Educational tools are also supplied for industry professionals to support their work.
Who are the top competitors of Sayata?
Sayata's top competitors include Corvus Insurance, Telivy and Coinnect.
Who are Sayata's investors?
Sayata has 9 investors. Key investors include OurCrowd, Elron Ventures, Pitango, Hanaco Ventures, and Team8.