Drone Insurance PaaS Raises Seed Round

Tel Aviv-based SkyWatch has raised $2M in a Seed round led by venture capital firm F2 Capital, private investment firm Kaedan Capital, and Verizon Ventures, as reported by Calcalist.

Meet SkyWatch :

The startup, in beta mode, was established in 2016 to offer a mobile-first risk assessment and purchase platform for drone insurance. Features include: (1) risk map, (2) pay per hour coverage, (3) instant purchase, (4) post flight analysis, and (5) real-time safety warning in case one is “flying out of pre-planned area”; to name one use case. Recall drone insurance players here. Recall drone insurance players here.