# Zikto

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zikto

- Industry: Medical Devices & Equipment
- Headquarters: Seoul, South Korea
- Website: www.zikto.com
- Total disclosed funding: $3.1M
- Latest round: Series A (Jul 24, 2019)
- Investors on record: 5

## About

Zikto Inc. offers innovative insurance solutions utilizing blockchain technology and artificial intelligence to address risks related to climate change and health issues, focusing on effective risk management for diverse clients.Founded in 2014, Zikto Inc. operates from its headquarters in Seoul, South Korea, providing insurance products tailored to emerging risks. The company has completed three deals, with the latest funding secured on July 24, 2019, during a Series A round that raised KRW 3700 million from investors including Creation Investments Capital Management and Green Cross Wellbeing. Hee You serves as CEO.Zikto Inc. specializes in innovative insurance solutions that leverage blockchain technology and artificial intelligence to address emerging risks associated with climate change and viral outbreaks. The company offers personal and corporate insurance products designed to mitigate these specific risks, catering to a diverse client base. Their products are marketed in various regions impacted by climate and health-related challenges, demonstrating a commitment to modern risk management solutions.Zikto Inc.'s revenue model is centered around direct-to-consumer and B2B transactions. The company generates income through insurance product sales, focused on coverage against climate change and health risks. Their transaction structures may include annual subscriptions for personal insurance policies and tailored partnerships for corporate offerings, aligning their pricing strategy with the value provided through advanced technological integration.Zikto Inc. plans to launch new insurance products aimed at enhancing coverage related to climate and health risks, with specific release dates yet to be disclosed. The company is looking to expand into new markets, although targeted regions have not been specified. The recent funding of KRW 3700 million will support these initiatives, allowing Zikto to strengthen its product offerings and market presence.

## Funding rounds

- Series A, Jul 24, 2019, $3.1M — Creation Investments Capital Management, IBK Capital, The Wells Investment, Idea Bridge Asset Management, Green Cross Wellbeing

## Investors

- Creation Investments Capital Management (https://capitalatlas.ai/funds/creation-investments-capital-management) — Series A
- IBK Capital (https://capitalatlas.ai/funds/ibk-capital) — Series A
- The Wells Investment (https://capitalatlas.ai/funds/the-wells-investment) — Series A
- Idea Bridge Asset Management — Series A
- Green Cross Wellbeing — Series A