Otonomi has secured USD $5 million in Series A funding to accelerate the global expansion of its parametric cargo insurance platform. The round included leading investors such as Hivemind Capital, Rothschild & Co Asset Management, Cyberport Macro Fund, ATX Venture Partners, and Portline Capital.
The company is modernizing cargo and logistics insurance through AI-driven underwriting, blockchain-enabled smart contracts, and real-time supply chain data, enabling faster and more transparent payouts for cargo delays.
The new funding will support Otonomi’s growth across the Americas, Europe, GCC, and Asia, strengthen its technology platform, and expand its coverage solutions.
Otonomi, a participant in the MENA InsurTech Accelerator 2025, is now expanding its global footprint as it engages with key stakeholders across the logistics, supply chain, and insurance sectors.