SAR
4720 Montgomery Lane, Suite 410, Bethesda, MD, 20814, United States
Overview
SAR, founded in 2018 and led by CEO Nessim Mezrahi, provides public company risk management data analytics solutions. The company uses specialized data science that implements U.S. Federal Court-approved methodologies to identify and track adverse corporate events that impact stock-price performance of U.S. and non-U.S. issuers trading on the NYSE and NASDAQ. SAR dispenses comprehensive, data-driven insights through a cloud-native platform. Its primary customers are global insurance companies and their distribution partners. In February 2023 SAR closed a capital investment led by Anthem Management; the amount was not disclosed. Anthem’s investment is intended to provide long-term growth capital to execute the organization’s mission and innovation roadmap, and Anthem Managing Partner Daven R. Shastri joined a newly created board of directors. SAR provides event-driven securities class action (SCA) data analytics that combine proven event study methodology with cloud-based processing to identify, track, and uniformly quantify potential exposure from adverse events. Its cloud-based econometric tools track and quantify severity on filed claims alleging violations of Section 10(b), 20(a) and Rule 10b-5 under the Securities Exchange Act. The company targets public company D&O claims professionals, offering standardized metrics for assessing and monitoring SCA exposure. SAR is led by CEO Nessim Mezrahi and is based in Bethesda, Md. In November 2019 the company closed a $1M seed funding round. Around the financing SAR added Carolina M. Doherty as Vice President of Business Development and promoted Stephen Sigrist to Data Scientist and Gadi Rozmaryn to Vice President of Software Engineering.
- Total raised
- $1M
- Funding rounds
- 2
- Latest round
- Seed
- Latest activity
- Nov 2019
Industries
- Analytics
- Software
Recent funding
Seed
Nov 2019
$1M