Altelium offers a SaaS platform facilitating insurance for batteries
Business Model: SAAS
Revenue: $0
Employees: 11-50
Address: CNC House Finmere
City: London
State: england
Zip: MK18 4AR
Country: GB
Insurance for batteries driven by real-time, AI-powered data analytics Altelium is an insurtech helping the world transition from fossil fuels to green energy. We provide warranties, insurance and data analytics to Battery Energy Storage System (BESS), Battery Cell and Electric Vehicle OEMs, Battery Integrators, BESS operators and fleet owners. Batteries are used in many new applications and the underlying technology continues to evolve. Altelium provides insights and helps clients overcome barriers, with our AI powered data analytics, warranties and insurance. Our customers also receive valuable information on battery condition, elevated fire risk and insights for current batteries and the development of future batteries. Our technology helps reduce the cost of ownership, provides greater owner and operator confidence and solutions throughout the lifetime of a BESS or EV.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 3/2021 | Pre Seed Round | 2 | $1.6M |
Transverse Insurance Group Ventris Management Transverse Insurance Group Ventris Management |
3/2022 | Pre Seed Round | 3 | $2M |
Greenlight Reinsurance Transverse Insurance Group Ventris Management Greenlight Reinsurance Transverse Insurance Group Ventris Management |
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