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Otonomi - Undisclosed
Overview Investors Company Profile / Project Introduction
Overview
About Otonomi - Undisclosed
Otonomi, a Brooklyn-based blockchain insurance tech company, raised $3.4 million in a funding round led by ATX Ventures. The funds will be used to develop a blockchain-driven parametric cargo platform, aiming to reduce management costs and speed up claims processing. Otonomi is known for its innovative parametric cargo delay insurance, offering a faster and more transparent claims process compared to traditional methods.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2014 | 1 | -- | ||
| Fund | Hong Kong | 2018 | 4 | [email protected] |
Company Profile / Project Introduction
Otonomi is a blockchain-based cargo insurance platform that uses smart contracts to cover financial losses, business interruptions, and consequential damages, enhancing transparency and efficiency in insurance processes.
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