Optalitix
Helps companies to acquire more customers, retain their existing customers and understand their customers better via the use of complex data analysis.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
* | £2.3m Valuation: £20.0m | Early VC | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 19 % | 48 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Optalitix is a technology company that provides low-code SaaS products to insurers and other financial institutions. The company's core product, Optalitix Models, allows businesses to convert their existing Excel models into scalable, cloud-based applications. This enables clients to enhance their pricing, underwriting, and risk management processes.
The company serves clients in the insurance and financial services sectors. Its products are designed to be integrated into existing systems through APIs, providing a more consistent and auditable way to manage and analyze business data compared to traditional spreadsheet-based models. Optalitix also offers an underwriting workbench that helps users manage risk more effectively and a data analytics service to process large volumes of data for efficiency gains.
The business model is based on providing these tools as a Software as a Service (SaaS) subscription. This model allows for continuous updates and support, such as the recent addition of a model monitoring feature to their flagship product. By offering a way to modernize and scale legacy systems, Optalitix helps its clients improve operational efficiency and decision-making.
Keywords: low-code, SaaS, insurtech, fintech, risk management, underwriting, pricing models, data analytics, cloud applications, financial modeling