Black Swan Technology
Parametric Cloud Insurance
Parametric Cloud Insurance
Black Swan Technology, founded in 2015 and based in the United States, has made significant strides in the insurance industry with its pioneering focus on cloud outage parametric insurance. The company's slogan "Parametric Cloud Insurance" encapsulates its core offering, which is designed to shield businesses from the financial repercussions of cloud service failures. This innovative approach has garnered attention, leading to an acquisition by Alicloud. This signals a strategic move by Alicloud to tap into Black Swan Technology's expertise and technology in this specialized sector. The last reported investment in the company was a $1.00K Series A investment on 24 April 2017. This backing reflects confidence in the startup's potential and could be instrumental in propelling its growth and influence in the evolving landscape of cloud insurance.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series A | $1.00K | - | 24 Apr 2017 | |
| Seed Round | $1.00K | - | 10 Dec 2016 |
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