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AI insurtech Ominimo bags its first investment at a $220M valuation

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How do you get talented engineers to work for a startup in a mundane field at a time when more exciting companies are paying well and hiring aggressively? Here’s an answer from one insurance startup out of Poland called Ominimo: make pay competitive, yes, but more importantly, give those engineers the license to apply their talent and reinvent how the field works. 

Launching bootstrapped just 12 months ago, Ominomo believes it’s found a different and better approach to understanding and pricing risk. It’s already profitable and growing fast,…



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AI insurtech Ominimo bags its first investment at a $220M valuation


How do you get talented engineers to work for a startup in a mundane field at a time when more exciting companies are paying well and hiring aggressively? Here’s an answer from one insurance startup out of Poland called Ominimo: make pay competitive, yes, but more importantly, give those engineers the license to apply their talent and reinvent how the field works. 

Launching bootstrapped just 12 months ago, Ominomo believes it’s found a different and better approach to understanding and pricing risk. It’s already profitable and growing fast,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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