Insurtech Otonomi is loading up with $3.4 million raise

And covering two buzzwords, one emerging the other re-emerging, is Otonomi which has just raised $3.4 million in an oversubscribed funding round led by ATX Ventures. Focusing on the freight sector CEO, Yann Barbarroux’s blockchain-powered parametric insurance is the first of its kind in a hitherto unexplored space.

Source: PR News Wire

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