OnRE Overview
- Year Founded
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2019
- Status
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Private
- Employees
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20
- Latest Deal Type
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Series A
- Latest Deal Amount
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$4.78M
- Investors
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43
OnRE General Information
Description
Developer of a smart contract-regulated marketplace designed for the tokenization of insurance-related financial transactions. The company's platform facilitates the creation of insurance programs, capital raising and trading, risk writing, and premium and claim transactions in a digital space, enabling the general insurance industry to invest in insurance as a liquid asset class and access new sources of capital.
Contact Information
Website
www.onre.financeCorporate Office
- Crawford House
- 50 Cedar Avenue
- Hamilton, HM11
- Bermuda
Corporate Office
- Crawford House
- 50 Cedar Avenue
- Hamilton, HM11
- Bermuda
OnRE Timeline
OnRE Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC (Series A) | 05-May-2026 | $4.78M | Completed | Generating Revenue | ||
| 5. Later Stage VC | 11-Apr-2024 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 3. Early Stage VC | 23-Jun-2021 | Completed | Generating Revenue | |||
| 2. Seed Round | 20-Jan-2021 | $2.03M | $2.37M | Completed | Generating Revenue | |
| 1. Angel (individual) | 12-Aug-2019 | $339K | $339K | Completed | Startup |
OnRE Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-2 Preferred | ||||||||
| Series A Preferred | ||||||||
| Seed Preferred | ||||||||
| Ordinary | ||||||||
| Ordinary | 148,790 | $0.001349 | $1.81 | $1.81 | 3x | $1.81 | 11.87% | |
| Ordinary | 300,000 | $0.001349 | $0.34 | $0.34 | 3x | $0.34 | 23.94% |
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.
OnRE Comparisons
Industry
Financing
Details
OnRE Competitors (3)
One of OnRE’s 3 competitors is Nexus Mutual, a Venture Capital-Backed company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Nexus Mutual | Venture Capital-Backed | London, United Kingdom | ||||
| Evertas | Venture Capital-Backed | Chicago, IL | ||||
| Etherisc | Venture Capital-Backed | Munich, Germany |
OnRE Signals
OnRE Investors (43)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Bodhi Ventures | Venture Capital | Minority | ||
| Forward Industries | Corporation | Minority | ||
| A2DAO | Venture Capital | Minority | ||
| Absoluta Digital | Venture Capital | Minority | ||
| BlackDragon (Zagreb) | Venture Capital | Minority |
OnRE FAQs
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When was OnRE founded?
OnRE was founded in 2019.
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Where is OnRE headquartered?
OnRE is headquartered in Hamilton, Bermuda.
-
What is the size of OnRE?
OnRE has 20 total employees.
-
What industry is OnRE in?
OnRE’s primary industry is Financial Software.
-
Is OnRE a private or public company?
OnRE is a Private company.
-
What is the current valuation of OnRE?
The current valuation of OnRE is .
-
What is OnRE’s current revenue?
The current revenue for OnRE is .
-
How much funding has OnRE raised over time?
OnRE has raised $13.1M.
-
Who are OnRE’s investors?
Bodhi Ventures, Forward Industries, A2DAO, Absoluta Digital, and BlackDragon (Zagreb) are 5 of 43 investors who have invested in OnRE.
-
Who are OnRE’s competitors?
Nexus Mutual, Evertas, and Etherisc are competitors of OnRE.
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