Otonomi

company

About

First-to-market parametric cargo insurance platform

Details

Last Funding Type
Seed
Last Funding Money Raised
$3.37M
Industries
Air Transportation,Blockchain,FinTech,Insurance,InsurTech,Logistics,Mobile,Payments,Transportation
Founded date
Jan 1, 2021
Number Of Employee
1 - 10
Operating Status
Active
Legal Name
Otonomi, Inc.

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$3.47M
Otonomi has raised a total of $3.47M in funding over 2 rounds. Their latest funding was raised on Oct 18, 2022 from a Seed round.
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

Investors

Number of Lead Investors
Number of Investors
1
10
Otonomi is funded by 10 investors. ATX Venture Partners and Altari Ventures are the most recent investors.
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

Employee Profiles

Number of Employee Profiles
3
Otonomi has 3 current employee profiles, including Executive Yann Barbarroux
Executive
Executive
Executive