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Ooniq logo — Ooniq is a P2P insurer where friends collectively protect th...

Ooniq

Ooniq is a P2P insurer where friends collectively protect their belongings and get cashback rewards.

Founded 2019 Lithuania Lithuania 2-10 employees Seed Insurance

General Information

Company Name Ooniq
Founded Year 2019
Location Lithuania Lithuania +1
Employees 2-10
Industries Insurance
Funding Stage Seed
Social

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About Ooniq

Ooniq is a P2P insurer based in Lithuania, offering a unique platform for collective protection of belongings and cashback rewards. Launched in 2019, Ooniq operates as a peer-to-peer (P2P) insurance platform that follows the principles of the sharing economy. Members create peer groups to safeguard themselves against losses and decide on compensation using pool funds while receiving unused funds. In December 2019, the company introduced a community-based insurance program, becoming the first startup approved by Lithuania's Central Bank to join the Bank of Lithuania's regulatory sandbox. Ooniq is making waves as an upcoming mutual insurance provider, gradually revolutionizing the global insurance industry.

Taxonomy: P2P insurance, insurance technology, community-based insurance, Lithuania startup, regulatory sandbox, mutual insurance provider, sharing economy, cashback rewards, peer-to-peer platform, insurance innovation

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• - 01 Dec 2019

Ooniq Alternatives & Competitors

Ooniq vs
Wemates
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Ooniq vs
Otherwise Insurance
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Ooniq vs
Ontario Occupational Health Nurses Association (OOHNA)
Ontario Occupational Health Nurses Association (OOHNA) Canada

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FAQ About Ooniq

Ooniq is a P2P insurer where friends collectively protect their belongings and get cashback rewards.
Ooniq was founded in 2019.
Ooniq is headquartered in Lithuania.
Ooniq operates in the following industries: Insurance.
Ooniq has approximately 2-10 employees.
Ooniq has completed 1 funding round. The latest funding stage is Seed.
Top alternatives and competitors to Ooniq include Wemates, Otherwise Insurance, Ontario Occupational Health Nurses Association (OOHNA), MotoShare, Discontract. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Ooniq and Wemates are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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