Notch

Notch

πŸ›‘ We insure Instagram accounts against hacks ⚑️ Raised $7M from leading VCs 🌎 Featured in @insider & @techcrunch Get covered in 60 seconds ‡️.

HQ location
Tel Aviv-Yafo, Israel
Website
Launch date
Employees
Enterprise value
$35m
Company register number
516414125
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$4.0m

Valuation: $35.0m

Series A
Total Funding000k
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Notch is a pioneering insurance company that focuses on providing coverage for digital assets, a niche yet rapidly growing segment of the digital economy. The company primarily serves clients who own or manage digital assets such as social media accounts, online stores, and NFTs (Non-Fungible Tokens). These clients range from individual digital artists and influencers to retail investors and shop owners who rely heavily on their online presence and digital assets for income.

Operating in the digital insurance market, Notch addresses the unique risks associated with digital assets, including hacking, social engineering attacks, and smart contract manipulation. The company's business model revolves around offering tailored insurance policies that protect against these specific threats. Clients can get instant quotes and purchase coverage that not only safeguards their assets but also provides additional services such as monitoring, alerts, crisis management, and asset retrieval in the event of a hack.

Notch generates revenue through the sale of these specialized insurance policies. By charging premiums based on the level of coverage and the specific needs of each client, the company ensures a steady income stream. Additionally, Notch offers value-added services like immediate income compensation for lost revenue due to hacks, which further enhances its appeal to digital asset owners.

In summary, Notch is carving out a unique position in the insurance industry by focusing on the digital economy. It provides peace of mind to digital asset owners by protecting their valuable online properties against modern threats.

Keywords: digital insurance, social media protection, NFT coverage, hacking prevention, online store insurance, digital asset security, income loss compensation, crisis management, smart contract protection, social engineering defense.

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