KOOP TECHNOLOGIES | MACHINE TO MACHINE LEARNING

Insuring Automation

Kamron Khodjaev & Sergey Litvinenko built a platform to provide insurance for a whole new category of autonomous technology.

Automation is changing the world as we know it. With automation come new risks, from routine system hiccups to catastrophic fleet outages. Koop covers those risks.

The adoption of commercial robotics has been increasing over the last 20 years, well before the pandemic. For enterprises, adopting automation of human error-prone processes is a no-brainer: higher safety and better productivity. There has been a proliferation of warehouse automation, automated agricultural machinery, autonomous mining solutions, and commercial drones.

Koop is an insurance technology company specializing in autonomous transportation modes such as robotaxis, autonomous trucks, shuttles, deliveries, industrial robotics, agricultural machinery, mining, vessels, and drones. They built a modular, API-powered insurance platform that enables data collection, underwriting, and claims handling of AV risks in a cost-efficient, scalable manner. As autonomy commercializes and on-road robots become ubiquitous, they are on the mission to help the commercialization of autonomy by building insurance and financial products on top of the stack.

→ Website
→ LinkedIn

COMPANY PROFILE: KOOP TECHNOLOGIES

insurance tech for autonomous vehicles,
robotics, and automation risks.

Koop Technologies was established to become the most advanced insurance technology company that will deliver a new generation of insurance products.

FOUNDERS:
→ Sergey Litvinenko
→ Kamron Khodjaev

LAST FUNDING STAGE:
Seed

VECTOR:
Machine to Machine Learning

Team Members

Funding to Date

CO-FOUNDER

Sergey Litvinenko

CO-FOUNDER

Kamron Khodjaev

Delve deeper into the world of Machine-to-Machine Learning through our other inspiring articles or discover why we're also passionate about Biological Machines and Human Machine Interaction.

DIG DEEPER