Sayata

Company Overview

Snapshot

Founded in May 2016 by Asaf Lifshitz, Iddan Golomb, and Avishay Maya, Sayata operates with 11–50 employees. The company has raised a total of $59 million across 4 funding rounds from 7 investors. A significant milestone for the company was its acquisition by GBLI in September 2025.

Business overview

Sayata provides a commercial risk platform designed to accelerate growth for insurance brokers and carriers. Its core technology streamlines the quote, bind, and issue process for commercial risk, enabling efficient risk placement. The company serves the insurance industry, operating within the Fintech & Insurtech sectors by offering an end-to-end technological solution and educational tools to enhance commercial business operations.

Strategic signal

In September 2025, Sayata was acquired by GBLI, a move that integrates the Israeli startup’s AI-powered insurance marketplace into Global Indemnity’s operations. This acquisition signals a strategic consolidation within the Insurtech market, validating Sayata's AI-enabled digital distribution marketplace and indicating a trend towards leveraging advanced technology for commercial insurance. For investors, this highlights the value placed on innovative platforms that can streamline complex insurance processes and the potential for exits in the sector.

Company Intelligence Q&A

When was Sayata acquired?

Sayata was acquired by GBLI in September 2025.

What was a key product development for Sayata in April 2024?

In April 2024, Sayata unveiled an AI-Powered Risk Engine designed to revolutionize small commercial insurance underwriting.

What significant platform update did Sayata announce in May 2023?

In May 2023, Sayata unveiled the first online platform to offer multiple miscellaneous professional liability quotes in one place.

Which investors participated in Sayata's January 2022 funding round?

In January 2022, Sayata received funding from investors including Pitango Growth and OurCrowd.

What executive team expansion did Sayata announce in September 2022?

In September 2022, Sayata expanded its executive team with the appointment of a Chief Distribution Officer.