Optalitix is a technology business that provides low-code products for insurance and financial institutions. Through innovative machine learning and artificial intelligence, Optalitix enables companies to analyse their data effectively. Calculus Capital have led a £4m Series A funding round into the company.
The company was founded by software engineer Jonathan Shapiro and actuary Dani Katz, who had the vision to make financial systems smarter. It uses technology to help clients discover value from their systems. Optalitix has customers in the UK and internationally, including Vitality Health, GoCompare and Lloyd’s of London.
MH was thrilled to work with Optalitix on the fundraising alongside White Horse Capital.
Congratulations to everyone involved!