Spott built a digital insurance platform designed exclusively for e-commerce sellers, offering frictionless liability insurance that meets marketplace requirements such as Amazon's. Its solution leverages advanced data and event-driven technologies to assess, quantify, and price e-commerce business risk at business- and product-levels. The company also provides real-time insights that help sellers avoid account suspensions, supply-chain issues, listing hijacks, counterfeiting and other risks, and aims to broaden its financial services suite. Spott serves hundreds of e-commerce sellers worldwide and has partnered with top-tier digital brokers and leading commercial carriers in the U.S. Founded in 2021, the company operates from offices in Tel Aviv and New York and had a staff of about 20 after completing its seed round. Management includes co-founders Guy Salame (CEO), Roma Bronstein (CTO), Amit Batzir (Chief Product and Risk Officer) and chairman Yuval Tal (founder of Payoneer and Managing Partner at Team8).

Total raised

$8M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2022