Mantas
Mantas is a cybersecurity company in Dubai, United Arab Emirates, founded in 2024. It has raised $1.8M across 1 round, most recently a $1.8M Seed in 2026 (est.).
Parametric insurance built for today's digital risks
- Headquarters
- Dubai
- Employees
- 1–10
- Founded
- 2024
- Business Model
- B2B
- Website
- mantas.ai
- Total Funding
- $1.8M
- Last Round
- $1.8M SeedJan 2026
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 1 funding round and 3 investors for this company. The full record is or through the API.
About
Mantas is a UAE-based insurtech MGA (Managing General Agent) that designs and underwrites parametric insurance for cloud-native businesses, covering risks from cyber threats and cloud service outages. Founded in 2024 and headquartered in Dubai, the company raised a $1.77 million seed round in January 2026 to expand its parametric coverage offering, which pays out automatically when verified cloud downtime events are detected — eliminating the traditional claims process. Mantas provides all policyholders with integrated cloud outage detection and prevention tools, and offers coverage tailored to the regulatory and operational nuances of the MEA (Middle East and Africa) region. The company was co-founded by Basil Mimi and focuses on the growing gap between traditional insurance products and the real-time infrastructure risks faced by digital businesses.
Summary
It lists 1–10 employees. It has raised $1.8M in total across 1 round, most recently a $1.8M Seed round in 2026 (est.). Investors include Suhail Ventures, Plus VC and Nuwa Capital.
Tech & App Stack
3 technologies & apps tracked
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Funding History
2026 (est.)
Investors
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