Neptune Mutual
Neptune Mutual is a decentralized insurance protocol for DeFi that provides parametric coverage for smart contract vulnerabilities and risks. The platform enables users to purchase coverage against hacks, exploits, and other DeFi risks through a decentralized marketplace structure, with claims processing governed by parametric rules rather than individual claim assessment. Founded in 2021, headquartered in Tortola,…
Funding snapshot
About
Neptune Mutual is a decentralized insurance protocol for DeFi that provides parametric coverage for smart contract vulnerabilities and risks. The platform enables users to purchase coverage against hacks, exploits, and other DeFi risks through a decentralized marketplace structure, with claims processing governed by parametric rules rather than individual claim assessment. Founded in 2021, headquartered in Tortola, United Kingdom, The company has raised $10.1M at the Series A stage, backed by investors including Fenbushi Capital, Coinbase, OKX, GravityX Capital, Alphabit. The company operates in the FinTech > Cryptocurrencies, Blockchain Technology > Cryptocurrencies sector. with business models spanning Cryptocurrencies > Financial Services > Insurance > Enablers > Insurance as a Service. serving markets in United Kingdom. Online risk management solutions for cryptocurrency..
Business model
Cryptocurrencies > Financial Services > Insurance > Enablers > Insurance as a Service
Founders & team highlights
Serial Founder
Institutional investors
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