Redkik is a global InsurTech startup founded in 2020 with headquarters in the United States. The company's slogan, "World's first instant and fully embedded InsurTech solution for the logistics and transportation industry," underlines their mission to revolutionize the insurance industry within these sectors. Redkik's innovative software eradicates the need for complex annual insurance policies by providing tailored and transactional insurance at the time of sale through embedded integration with licensed insurance providers.
Originally focused on cargo insurance, Redkik has expanded its flexible software to address inefficiencies in warehouse, gap, spike, and cyber insurance, with plans for additional applications underway. The team comprises individuals with extensive experience in logistics and transportation, risk management, cargo insurance, machine learning, and software development, reflecting their passion for innovation and technology.
The last investment in Redkik was a Seed Round investment on 28 December 2022, with Redstone as the investor. By offering seamless API integration, Redkik aims to build a rapidly growing network of global partners and help businesses surpass their objectives through transactional insurance. As they continue to evolve and expand, Redkik presents an intriguing proposition for potential investors and partners in the InsurTech and transportation industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed Round | Unknown | 1 | 28 Dec 2022 | |
Seed Round | $3.30M | 6 | Greenlight Reinsurance, Fernando Herrera | 09 Feb 2022 |
Grant | €186.00K | 1 | Centre for Economic Development, Transport and the Environment | 02 Jul 2021 |
Seed Round | €250.00K | 3 | Ilari Schouwvlieger | 23 Jun 2021 |
Grant | €50.00K | 1 | 09 Oct 2020 |
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