Locations
Wilmington, DE, USA · Brooklyn, NY, USA
industry
Blockchain and Crypto · Finance
Size
11-50 employees
Stage
Seed
founded in
2021
Otonomi provides innovative cargo delay insurance solutions for time-critical freight, utilizing AI-assisted algorithms to deliver instant quotes and streamline claims processing. Their parametric insurance model ensures rapid payouts, typically within 48 hours, significantly faster than industry standards. Otonomi's services cater to various sectors, including life sciences, perishables, aerospace, and automotive, addressing the unique challenges of supply chain disruptions. With a focus on transparency and efficiency, Otonomi positions itself as a leader in mitigating financial risks associated with cargo delays, tapping into a market that experiences substantial losses due to such disruptions.
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