Boop is an insurtech startup focused on providing insurance for humanoid robots (physical AI) and non-human dependents, with an initial go-to-market product offering term life policies for pet owners payable to a trust that funds pet care after the owner's death. Co-founded by Rob Rhinehart (founder of Soylent) and Alex Hoenigmann, the company is targeting a regulatory gray area in robot insurance and is raising $2.5 million in seed financing.
“Boop aims to be the first insurtech provider for humanoid robots, betting on its first-mover advantage, a strong team and the right timing.”
Source→“"Soon, robots are going to be everywhere," said CEO Justice Laub.”
“As an angel investor, Banister wrote some of the first checks at Uber, Postmates, SpaceX and DeepMind.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.