Omocom

Omocom

Micro-insurances for the circular economy. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$16—24m (Dealroom.co estimates May 2020.)
Company register number 559097-2377
Stockholms kommun Stockholm County (HQ)

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2019202020212023
Revenues<1m2.6m3.1m2.5m
% growth-478 %19 %-
  • Edit
DateInvestorsAmountRound
-

N/A

-
N/A

SEK10.5m

Angel
*

€3.7m

Seed
*

N/A

Early VC
Total Funding$5.3m

Recent News about Omocom

Edit
More about Omocominfo icon
Edit

Omocom is a digital insurance company specializing in providing tailored insurance solutions for rentals and second-hand purchases. The company serves a diverse range of clients, including individuals and businesses engaged in renting or buying second-hand items. Operating primarily in the European market, Omocom leverages data-driven products to reduce risk, increase sales, and offer a world-class customer experience. The business model revolves around integrating their insurance products with various platforms through an API, making it seamless for users to insure their transactions. Omocom generates revenue by offering compulsory group insurance for rentals, ensuring that all transactions through partnered platforms are automatically insured. This approach not only protects the assets but also covers gaps left by ordinary insurance policies. The company’s insurance products cover cars, interiors, and equipment against damage, theft, or loss across Europe. Omocom's headquarters are located in Stockholm, with additional offices in Frankfurt and Lisbon, and the team comprises over 25 professionals from 12 different nationalities.

Keywords: digital insurance, rentals, second-hand purchases, data-driven, risk management, customer experience, API integration, compulsory group insurance, European market, asset protection.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.