Sayata is a marketplace for insurance brokers and carriers to quickly and easily grow their business insurance portfolios.
Sayata delivers rapid growth to insurance brokers and carriers that focus on small-to-medium businesses.
Sayata was founded in Israel in 2017 by Asaf Lifshitz, Iddan Golomb, and Avishay Maya. The company is headquartered in Boston, MA and Tel Aviv, Israel.
Sayata's proprietary technology automates the time-consuming process of finding and securing business insurance. Brokers are freed from the manual tasks of hunting for quotes, shuffling applications, and the lengthy back and forth with insurance providers to finalize coverage.
Sayata provides an end-to-end technological solution along with educational tools, giving their partners the ability to grow their book quickly and efficiently. To date, over 1,500 users across 80 brokerages and carriers partner with Sayata to grow their SMB book.
Sayata is backed by Pitango Growth, Hanaco Ventures, Vertex Ventures, Team8 Capital, Elron Ventures, Kamet, OurCrowd, and others. The company raised $35M in new financing on Jan 24, 2022. This is an extension of their previous $17M Series A raised in Aug 2021, bringing the round total to $52M. The additional investment brings Sayata's total funding to $58.5M to date.