Yann spent decades on Wall Street being involved with derivatives and risk management. For a long time, he was thinking about starting a company to modernize insurance given that that industry was lagging. It took the inspiration from a friend and now co-founder to combine Yann’s idea with blockchain technology to really bring significant change to how business was conducted. Otonomi is now revolutionizing how parametric insurance is being created and sold. Hear from him how he successfully raised funds over multiple rounds, the value of participating in an accelerator program, lessons learned along the way, and his plans for the future of the company.
Launching your own company in the financial tech industry is a lot of work! You start with this crazy idea. Maybe it’s a passion project, or something that gives you purpose. Maybe you're building a business based on necessity by creating software or solutions that don’t currently exist. The concept is as exciting as it is terrifying, but it doesn’t have to be. In Alpha Beta Launch we talk to founders and CEO who all started from the exact same place, an idea.