Corporate information
Registration country
Company type
Enabling users to create their insurance products together.Overview
The insurance industry is slow, expensive, and generally old-fashioned. Tezsure is building DeFi applications on Tezos. Later on, they are establishing an insurance marketplace. Users can create new insurance products as a group and earn Tezscore for honest behavior, introduce new users, or create new products. The team aims to utilize the power of AI and blockchain to reinvent insurance to its original form – by people, for people. The use of smart contracts helps to automate parts of the insurance process and remove additional operational costs. The team is based in the U.S. and has 200 letters of intent in place.
Funding rounds
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
CV VC AG | Private company based in Zug which invests in all stages of the crypto and blockchain growth cycle. | Initial investment. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Draper Associates | Early-stage venture capital firm. | Initial investment. |
Investment activity status
Active investor
Team
| Employee | Position | ||
|---|---|---|---|
| Chaitanya Hiremath (founder) | |||
| Om Malviya (founder) | |||
| Bernd Oostrum (founder) |