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FinTech Series A Founded 2021

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,…

📍 Tortola, United Kingdom · Cryptocurrencies,

Funding snapshot

Last roundSeries A
Amount$5M
Date11 May 2022
Total raised$10M
Team size6

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

Fenbushi Capital Coinbase OKX GravityX Capital Alphabit Baboon Huobi Hex Trust Nvcpartners.com XT.COM Gate.io BitMart LD Capital Mapleblock DWeb3 Capital

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