First-to-market parametric cargo insurance platform
OTONOMI is a blockchain-enabled parametric platform that transforms cargo insurance policies into fast, cost-effective, and transparent digital products. Powered by our proprietary technologies in data-activated triggers, smart contracts, and integrated digital wallets, we reduce claim resolution times from 45 days to 45 minutes, lowering admin costs by 75%. Our dynamic pricing and advanced risk scenario capabilities unleash new markets while achieving unparalleled profitability.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Oct 18, 2022 | Seed | $3.37M | 9 | ATX Venture Partners | — | Detail |
Jan 11, 2021 | Pre-seed | $100K | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
ATX Venture Partners | Yes | Seed |
Altari Ventures | — | Seed |
Bering Waters Ventures | — | Seed |
Blackhorn Ventures | — | Seed |
Greenlight Reinsurance | — | Seed |
GSR Ventures | — | Seed |
Punja Global Ventures | — | Seed |
REFASHIOND Ventures | — | Seed |
SoundBoard Venture Fund | — | Seed |
(ERA) Entrepreneurs Roundtable Accelerator | — | Pre-seed |