Sayata Labs: Raises $17M in Series A Funding

Sayata Labs Raises $17M in Series A Funding

• Sayata Labs, a Boston MA-based company marketplace for insurance brokers and carriers, raised $17M in Series A funding
• The round was led by Team8 Capital and Vertex Ventures with participation from Elron, Kamet and OurCrowd
• The company intends to use the funds to accelerate growth and expand operations
• SayataLabs provides a platform that streamlines the quote-bind-issue process allowing insurance professionals to place more insurance policies in less time
• The company provides an end-to-end technological solution along with educational tools, giving partners the ability to grow their book quickly and efficiently
• The company has seen growth, doubling gross written premium every quarter to date, with millions of dollars in monthly premiums already