Otonomi
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Overview
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.
About
Industries
FinTech, InsurTech, Insurance, Blockchain
Founded
2021
Employees
11-50
Headquarters locations
United States, North America
Social
N/A
Profile Resume
Otonomi headquartered in United States, North America, operates in the FinTech, InsurTech, Insurance, Blockchain sector. The company focuses on FinTech and has secured $217.4M in funding across 48 round(s). With a team of 11-50 employees, Otonomi is actively contributing to advancements in FinTech. Their latest funding round, Seed Round - Otonomi, raised $3.4M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
3
Investors
9
Lead Investors
0
Total Funding Amount
$4.5M
Details
3
Otonomi has raised a total of $4.5M in funding over 3 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2021 | Seed | 100.0K | ||
| 2021 | Seed | 1.1M | ||
| 2022 | Seed | 3.4M |
Investors
Otonomi is funded by 20 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| REFASHIOND Ventures | - | FUNDING ROUND - REFASHIOND Ventures | 3.4M |
| Blackhorn Ventures | - | FUNDING ROUND - Blackhorn Ventures | 3.4M |
| Otonomi | - | FUNDING ROUND - Otonomi | 3.4M |
| PGV | - | FUNDING ROUND - PGV | 3.4M |
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