British Virgin Islands · Information technology & services startup

Neptune Mutual

Neptune Mutual is a decentralized parametric insurance protocol founded in 2021.

Funding reportedLast round: Undisclosed round

Information technology & servicesRoad Town, British Virgin Islands

About Neptune Mutual

Neptune Mutual is a decentralized parametric insurance protocol founded in 2021.

It offers DeFi cover policies that protect users against smart contract exploits, cryptocurrency exchange hacks, and custody provider failures. The protocol operates on a parametric coverage model, allowing for faster and more reliable payouts based on predefined parameters rather than individual claims. The company is headquartered in Road Town, Tortola, British Virgin Islands, and is legally registered as Neptune Tech Limited in the United Kingdom. It has raised approximately $10.05 million across three funding rounds, with notable investors including Coinbase Ventures and Animoca Brands. Neptune Mutual provides stablecoin-based cover pools and allows projects to create customized cover policies for their communities. The platform serves the DeFi, CeFi, and Metaverse sectors, facilitating a risk management marketplace for both policyholders and capital suppliers.

What company datasets say Neptune Mutual raised

Funding, as reported

Reported in all10.1Min the source's currency
Rounds3
Last roundUndisclosed round
Last round size5.3M
Last round dateMay 2022
Investors listed34

On a portfolio page

Investors who name them

Each firm lists Neptune Mutual on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

user experienceinformation technology & servicesfinancial servicesb2cfintechservicessoftware developmentb2bcryptocurrencyrisk managementfinance technologyux

Built with from their website

Amazon SESYouTubeMailChimpGoogle WorkspaceCloudFlareViewport MetaAmazon Simple Email ServiceGoogle MeetCloudFlare CDNCloudflare Insights

+8 more

Mobile FriendlyCloudflare DNSHTTP/3Cloudflare Browser InsightsAmazon AWSProwlyHSTSreCAPTCHA

Sector
Information technology & services
Industry code
NAICS 524126, SIC 6331
Region
Tortola
Revenue
1M a year, as listed
Full record
Every detail in the company directory

Information technology & services in British Virgin Islands

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