Tel Aviv-based Sayata Labs has partnered with Elron to enhance its cyber risk analysis capabilities. Using artificial intelligence-based algorithms, the firm will analyse data points from cyber breaches to provide clients with cyber loss insights and determine cyber exposure. The insurtech recently launched after receiving $6.5m in a seed funding round led by Israeli venture capital firm AXA. Sayata intends to market its product to small and medium-sized businesses.
Tel Aviv-based Sayata Labs has partnered with AXA to enhance its cyber risk analysis capabilities. Using artificial intelligence-based algorithms, the firm will analyse data points from cyber breaches to provide clients with cyber loss insights and determine cyber exposure. The insurtech recently launched after receiving $6.5m in a seed funding round led by Israeli venture capital firm Elron. Sayata intends to market its product to small and medium-sized businesses.