# RemitRix

**Source:** https://www.startuphub.ai/startups/remitrix
**Profile type:** Startup

> SaaS platform using AI to optimize insurer solvency capital requirements under Solvency II.

## About

RemitRix provides Remi, an AI-powered Autonomous Risk Professional that acts as a senior risk manager. Remi analyzes portfolios, explains solvency movements, generates scenarios, and delivers insights autonomously, serving the insurance industry with expertise in solvency, ALM, and regulatory compliance. Its core product is an AI that performs risk management tasks without explicit prompts, operating on the risk team's schedule.

## Key facts

- **Slug:** remitrix
- **Website:** https://www.remitrix.com/
- **Founded:** 2017-01-01 00:00:00
- **Employees:** 10
- **Operating status:** Active
- **Total funding:** $200K
- **Sectors / tags:** Fintech, Regulation, Compliance, Insurance, InsurTech, Risk Management, Regulatory Compliance, Machine Learning, Cloud Computing, Data Analytics, AI-Driven Parametric Insurance, Solvency II, Financial Services, Enterprise Software
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/remitrix/
  - Twitter: https://x.com/remitrix1

## Frequently asked

### What does RemitRix do?

RemitRix provides Remi, an AI-powered Autonomous Risk Professional that acts as a senior risk manager. Remi analyzes portfolios, explains solvency movements, generates scenarios, and delivers insights autonomously, serving the insurance industry with expertise in solvency, ALM, and regulatory compliance. Its core product is an AI that performs risk management tasks without explicit prompts, operating on the risk team's schedule.

### What is RemitRix's revenue?

StartupHub estimates RemitRix's annual revenue at $2.9M (range $2.4M to $3.4M, 63% confidence), based on comparable companies in the sector.

### What is RemitRix's valuation?

StartupHub estimates RemitRix's effective valuation at $3.2M (range $2.3M to $4.2M, 27% confidence), based on comparable companies in the sector.

### How much funding has RemitRix raised?

RemitRix has raised a total of $200K in funding. The most recent round on record is Seed.

### When was RemitRix founded?

RemitRix was founded in 2017.

### What industry does RemitRix operate in?

RemitRix operates in Fintech, Regulation, Compliance, Insurance, InsurTech, Risk Management.

### How many employees does RemitRix have?

RemitRix has approximately 10 people on record.

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