When was RemitRix founded?

RemitRix was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is RemitRix located?

RemitRix is headquartered in Ramat Gan, Israel.

How many employees does RemitRix have?

As of Apr 30, 2026, the latest employee count at RemitRix is 10.

Is RemitRix a funded company?

RemitRix is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2018.

When was the latest funding round of RemitRix?

RemitRix's latest funding was a $***** Seed round on Nov 15, 2022, with participation from 1 investor.

Where does RemitRix rank among its competitors?

RemitRix ranks 180th amongst 677 active competitors, of which 143 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Pibit AI, which secured $7M in Jun, 2025.

Who are the top competitors of RemitRix?

RemitRix's top competitors include Sedgwick, Cytora and Shift Technology. Among them, Pibit AI secured the most recent funding round in June, 2025.

RemitRix - 2026 Company Profile, Team, Funding & Competitors

Company Details

RemitRix is a cloud-based platform, which offers risk management & solvency solutions for insurers. Uses machine learning algorithms to recalculate insurers risk factors and optimizes their overall solvency capital requirement costs. Offers two modules - Financial module & Actuarial module, which run various scenarios like ESG, ALM, VaR, SCR engine, ESG what-if scenarios & Optimisation (EBS); & generate QRT reports, SFCR reports & EBS (Economic Balance Sheet).

Website: www.remitrix.com/
Social
Email ID: *****@remitrix.com
Phone Number: +972 **********

Key Metrics

Founded Year

2017

Location

Ramat Gan, Israel

Stage

Seed

Latest Funding Round

Seed, Nov 15, 2022, $*****

Investors

Plug and Play Tech Center & 1 more

Ranked

180^th among 677 active competitors

Employee Count

10 as on Apr 30, 2026

Similar Companies

Sedgwick & 779 more

View RemitRix's full profile

RemitRix has raised funding over 2 rounds. Its first funding round was on 2018. Its latest funding round was a Seed round on Nov 15, 2022 for $*****. 1 investor participated in its latest round. RemitRix has 2 institutional investors.

Here is the list of recent funding rounds of RemitRix:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 15, 2022	2608749	Seed	5074089	9281123	1653788	1560846
2018	5517	Seed	1390	4264	Plug and Play Tech Center	8047

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View details of RemitRix's funding rounds and investors

The founders of RemitRix are David Engelmayer and Leonid Pushkovsky. Effi Mor is the CEO of RemitRix.

Here are the details of RemitRix's key team members:

David Engelmayer: Co Founder, Cfo And Chief Actuary of RemitRix.
Leonid Pushkovsky: Cto And Co-Founder of RemitRix.
Effi Mor: CEO of RemitRix.
Contact Info: 1 email address

View details of RemitRix's Founder profiles and Board Members

RemitRix's employee count trend

RemitRix has 10 employees as of Apr 26. Here is RemitRix's employee count trend over the years:

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Top competitors of RemitRix include Sedgwick, Cytora and Shift Technology. Here is the list of Top 10 competitors of RemitRix, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sedgwick 1969, Memphis (United States), Acquired	Provider of claims administration, loss adjusting, and benefits management services	$2.63M	Altas, Stone Point Capital & 11 others	76/100
2nd	Cytora 2012, London (United Kingdom), Acquired	Risk management solutions for insurers and underwriters	$41.5M	Cambridge Enterprise, EQT & 41 others	67/100
3rd	Shift Technology 2014, Paris (France), Series D	Provider of AI solutions for insurance underwriting, claims, and risk	$320M	Accel, Guidewire & 15 others	67/100
4th	Pibit AI 2020, San Francisco (United States), Series A	AI-powered underwriting platform for commercial property and casualty insurance	$7.64M	Stellaris, Arali Ventures & 11 others	66/100
5th	AccessPay 2012, Manchester (United Kingdom), Acquired	Cloud based payment automation and cash management solutions for businesses	$44.4M	NatWest, True Ventures & 10 others	66/100
6th	The Demex Group 2019, Washington, DC (United States), Series A	Provider of reinsurance solutions for non-catastrophic weather-related losses for insurers	$28.4M	Blue Bear Capital, Anthemis Group & 5 others	65/100
7th	Perfios 2008, Bengaluru (India), Series D	Provider of AI-driven platform for financial analysis, verification, and decisioning	$264M	Bessemer Venture Partners, Warburg Pincus ... & 29 others	63/100
8th	Nect 2017, Hamburg (Germany), Series B	Solutions for identity verification	$2.7M	Alstin Capital, Fin Tech Fonds & 8 others	63/100
9th	Idelic 2016, Pittsburgh (United States), Acquired	Offers AI & SaaS-based fleet management software	$31.3M	Highland Capital Partners, Origin Ventures ... & 10 others	63/100
10th	AgentSync 2018, Denver (United States), Series B	Regulatory reporting software of insurance companies	$161M	Craft Ventures, Valor Equity Partners & 11 others	62/100
180th	RemitRix 2017, Ramat Gan (Israel), Seed	Cloud-based platform for risk management & solvency	-	RevTech Labs, Plug and Play Tech Center	35/100