Techub News, blockchain insurtech company Otonomi announced the completion of a new round of funding of $3.4 million, led by ATX Ventures, with participation from GSR Ventures, Greenlight Re Innovations, Punja.VC, Altari Ventures, Soundboard Venture Fund, Blackhorn VC, and Bering Waters, REFASHIOND Ventures, etc. The round will be used to support the construction of a blockchain-powered parametric cargo platform that aims to reduce administrative costs by 90% and improve claims time and efficiency.
Otonomi was founded in 2020 by CEO Yann Barbarroux and co-founder and CTO Jeremy Sutton. The company is headquartered in Brooklyn and specializes in freight insurance.
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Blockchain insurance technology company Otonomi completes $3.4 million financing.
Techub News, blockchain insurtech company Otonomi announced the completion of a new round of funding of $3.4 million, led by ATX Ventures, with participation from GSR Ventures, Greenlight Re Innovations, Punja.VC, Altari Ventures, Soundboard Venture Fund, Blackhorn VC, and Bering Waters, REFASHIOND Ventures, etc. The round will be used to support the construction of a blockchain-powered parametric cargo platform that aims to reduce administrative costs by 90% and improve claims time and efficiency.
Otonomi was founded in 2020 by CEO Yann Barbarroux and co-founder and CTO Jeremy Sutton. The company is headquartered in Brooklyn and specializes in freight insurance.