About Nexus Mutual
Nexus Mutual is a Technology company based in London (United Kingdom) founded in 2017 by Hugh Karp. Blockchain-based P2P insurance is provided for individuals and smart contracts. It operates in the Technology and Financial Services sectors. Nexus Mutual has raised $258.67 thousand across 1 funding round from investors including KR1 plc. The company has 5 employees. Its website nexusmutual.io draws about 12 thousand monthly visits. Nexus Mutual offers products and services including Cover, Fund Portfolio Cover, Yield Token Cover, and Custody Cover. Its focus areas include FinTech, Cryptocurrencies, Insurance and P2P. Its legal entity is NEXUS MUTUAL LIMITED.
Company details
Nexus Mutual was founded in 2017 in London, United Kingdom, as a blockchain-based peer-to-peer insurance platform. Coverage is extended to smart contracts, specific events, and cryptocurrency wallets. Risk assessments are conducted, and claims are processed through the platform. Operations focus on decentralized insurance solutions within the blockchain sector, serving users globally.
- Headquarters London, United Kingdom
- Employees 5
- Founders Hugh Karp
- SectorsTechnologyFinancial Services
- Email••••••••
- Website nexusmutual.io
- Social LinkedIn X
- Legal Name Nexus Mutual Limited
- Date of Incorporation 16 Aug, 2017
- Jurisdiction LONDON, UNITED KINGDOM
- Net Profit$2.91 M (USD)-85as on Aug 31, 2022
- Total Equity Funding$258.67K (USD)
in 1 rounds
- Latest Funding Round$258.67K (USD), Seed
Apr 2018
- Investors
- Employee Count5
Products & Services of Nexus Mutual
Nexus Mutual offers a comprehensive portfolio of products and services, including Cover, Fund Portfolio Cover, Yield Token Cover, and Custody Cover.
Protects against DeFi risks through decentralized underwriting.
Secures investment funds from common DeFi threats.
Guards interest-bearing tokens against depegging events.
Protects assets on centralized exchanges from losses.
Funding Insights of Nexus Mutual
Nexus Mutual has successfully raised a total of $258.67K through 1 strategic funding round. The most recent funding activity was a Seed round of $258.67 thousand completed in April 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $258,673
- Total Rounds 1
- Last Round Seed — $258,673
- First Round $258,673
(Apr 2018)
- Investors Count 1
All 1 funding rounds of Nexus Mutual with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2018 | $258,673 | Seed | – | KR1 | – |
1 investors in total: 1 institutional.
Investors in Nexus Mutual
Nexus Mutual has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include KR1 plc.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
KR1 plc is focused on digital asset investments and decentralized technologies. | 2016 | kr1.io | Douglas, Isle of Man |
Investor details for Nexus Mutual
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Nexus Mutual
11 people are tracked at Nexus Mutual (7 in leadership, 4 in team); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
Hugh Karp | Founder | Leadership |
Kayleigh Petrie | Director Of Operations | Leadership |
Roxana D. | Chief Technology Officer | Leadership |
Lee McClelland | Head Of Communications | Leadership |
Ania Wiktoria S. | Chief Legal Officer | Leadership |
Ricky Tan | Head of Business Development & Strategy | Leadership |
Reinis Melbardis | Head Of Research And Development | Leadership |
Rocky Murdoch | Smart Contract Engineer | Team |
Adam B. | Insurance Coverage Provider | Team |
Miljan Milidrag | Solidity developer | Team |
Semra Gulce Turan | Community Communications | Team |
Complete people profiles for Nexus Mutual
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Nexus Mutual
2 dated milestones of Nexus Mutual across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Nexus Mutual is founded.
- Funding First funding round of $259K.
Web traffic of Nexus Mutual
The website of Nexus Mutual (nexusmutual.io) receives about 12.2K visits a month.
- Monthly visits12.2K
▼ 29.2% vs previous month
Websites whose visitors overlap most with Nexus Mutual. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| immunefi.com | 100% | 164.6K | #226,789 | View details |
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Frequently Asked Questions about Nexus Mutual
Nexus Mutual was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Nexus Mutual is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Nexus Mutual is a funded company, having raised a total of $258.67K across 1 funding round to date. The company's 1st funding round was a Seed of $258.67K, raised on Apr 2018.
Nexus Mutual has 5 employees.
Nexus Mutual was founded in 2017 in London, United Kingdom, as a blockchain-based peer-to-peer insurance platform. Coverage is extended to smart contracts, specific events, and cryptocurrency wallets. Risk assessments are conducted, and claims are processed through the platform. Operations focus on decentralized insurance solutions within the blockchain sector, serving users globally.
Nexus Mutual offers Cover, Fund Portfolio Cover, Yield Token Cover, and Custody Cover.
Nexus Mutual has 1 investor. Key investors include KR1 plc.
Nexus Mutual operates through Nexus Mutual Limited.