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FinTech Early Stage Founded 1999

Amulet

Amulet is a decentralized insurance protocol for DeFi that offers peer-to-peer insurance solutions for smart contracts, stablecoins, and other decentralized finance applications. The protocol enables users to purchase coverage against smart contract vulnerabilities, hacks, and other risks inherent in DeFi platforms, providing a safety net for participants in the decentralized finance ecosystem. Amulet's approach…

📍 Singapore, Singapore · Cryptocurrencies,

Funding snapshot

Last roundEarly Stage
Amount$100K
Date23 January 2024
Total raised$6M
Team size19

About

Amulet is a decentralized insurance protocol for DeFi that offers peer-to-peer insurance solutions for smart contracts, stablecoins, and other decentralized finance applications. The protocol enables users to purchase coverage against smart contract vulnerabilities, hacks, and other risks inherent in DeFi platforms, providing a safety net for participants in the decentralized finance ecosystem. Amulet's approach leverages blockchain technology to create transparent, trustless insurance markets where coverage parameters and claims processes are governed by code rather than traditional intermediaries. Founded in 1999, headquartered in Singapore, Singapore, The company has raised $6.0M at the Early Stage stage, backed by investors including gCC, Republic Capital, Solana Ventures, DeFiance Capital, Animoca Brands..

Business model

Cryptocurrencies > Financial Services > Insurance > P2P

Institutional investors

gCC Republic Capital Solana Ventures DeFiance Capital Animoca Brands UOB Signum Capital Mirana NGC Ventures LongHash SevenX Ventures CMT Digital Matrixport Ventures a41 Solar Eco Fund

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