Omocom is transforming the insurance industry with on-demand microinsurance tailored for the circular economy. By enabling coverage only when items are in use, Omocom reduces transaction risks and promotes sustainable consumption patterns. With cutting-edge algorithms developed alongside Swedish researchers, the company empowers sharing platforms to extend product lifecycles and drive the adoption of circular business models.
Why we invested
Omocoms innovative approach to microinsurance is perfectly aligned with the principles of the circular economy, something we believe as a crucial part of tomorrows world. Omocom’s vision, combined with their advanced risk assessment technology, positions them as a key player in driving the shift toward more sustainable business practices.
Deal Lead
Jacob Key
LinkedIn
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Quote from the Founder
Ola Lowden
Stockholm, Sweden
Our goal is to build fully circular insurance solutions that support the growing shift toward sustainable business models. Luminar’s backing is invaluable in helping us scale our vision, as they share our commitment to innovation and creating impactful tools for the circular economy.
Founder
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