Otonomi Overview
- Year Founded
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2019
- Status
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Private
- Employees
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15
- Latest Deal Type
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Series A
- Latest Deal Amount
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$5M
- Investors
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26
Otonomi General Information
Description
Operator of a blockchain-enabled parametric platform intended to transform cargo insurance policies into fast, cost-effective and transparent digital products. The company's dynamic pricing and advanced risk scenario capabilities unleash new markets while achieving unparalleled profitability while reducing claim resolution times, lowering admin costs, enabling insurance companies to boost sales and bring trust in the insurance claim process for their clients.
Contact Information
Website
www.otonomi.aiCorporate Office
- 42 West Street
- Suite 303, Brooklyn
- New York, NY 11222
- United States
Corporate Office
- 42 West Street
- Suite 303, Brooklyn
- New York, NY 11222
- United States
Otonomi Timeline
Otonomi Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Later Stage VC (Series A) | 31-Oct-2025 | $5M | Completed | Generating Revenue | ||
| 9. Accelerator/Incubator | 01-Dec-2023 | Completed | Generating Revenue | |||
| 8. Accelerator/Incubator | 26-Oct-2023 | Completed | Generating Revenue | |||
| 7. Early Stage VC (Series A) | 23-Aug-2022 | Completed | Generating Revenue | |||
| 6. Accelerator/Incubator | 30-Jun-2022 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series A) | 02-Sep-2021 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 31-Jan-2021 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 11-Jan-2021 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 01-Jan-2021 | Completed | Generating Revenue | |||
| 1. Accelerator/Incubator | 01-Sep-2020 | Completed | Startup |
Otonomi Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-1 | ||||||||
| Series A-6 | ||||||||
| Series A-5 | ||||||||
| Series A-4 | ||||||||
| Series A-3 | 1,339,654 | $0.000100 | $0.1 | $0.1 | 1x | $0.1 | 2.6% | |
| Series A-2 | 386,439 | $0.000100 | $0.06 | $0.06 | 1x | $0.06 | 0.75% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Otonomi Comparisons
Industry
Financing
Details
Otonomi Competitors (1)
One of Otonomi’s competitors is Cover Genius, a Venture Capital-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Cover Genius | Venture Capital-Backed | New York, NY |
Otonomi Signals
Otonomi Investors (26)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Cyberport Hong Kong | Accelerator/Incubator | Minority | ||
| Hivemind Capital | Venture Capital | Minority | ||
| Portline | Venture Capital | Minority | ||
| Rothschild & Co's Asset Management | Asset Manager | Minority | ||
| InsurTech NY | Accelerator/Incubator |
Otonomi Acquisitions (1)
Otonomi’s most recent deal was a Merger/Acquisition with Flyion. The deal was made on 26-Dec-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Flyion | 26-Dec-2022 | Merger/Acquisition | Other Insurance |
Otonomi FAQs
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When was Otonomi founded?
Otonomi was founded in 2019.
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Where is Otonomi headquartered?
Otonomi is headquartered in New York, NY.
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What is the size of Otonomi?
Otonomi has 15 total employees.
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What industry is Otonomi in?
Otonomi’s primary industry is Financial Software.
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Is Otonomi a private or public company?
Otonomi is a Private company.
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What is the current valuation of Otonomi?
The current valuation of Otonomi is .
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What is Otonomi’s current revenue?
The current revenue for Otonomi is .
-
How much funding has Otonomi raised over time?
Otonomi has raised $10.7M.
-
Who are Otonomi’s investors?
Cyberport Hong Kong, Hivemind Capital, Portline, Rothschild & Co's Asset Management, and InsurTech NY are 5 of 26 investors who have invested in Otonomi.
-
Who are Otonomi’s competitors?
Cover Genius is a competitor of Otonomi.
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