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ONDO InsurTech Extend USA Presence with New Partnership with Selective #insurance #stocks #ondo
➡️ New Partnership Expansion: Selective Insurance will roll out Ondo's #LeakBot to homeowners in Virginia, Pennsylvania, Indiana, and Ohio, following success in New Jersey. ➡️ Innovative Funding Model: Upfront payments from insurance partners fund growth, reducing shareholder dilution and supporting a scalable recurring revenue model. ➡️ Positive Growth Outlook: Restructured debt terms and strong U.S. results position Ondo to achieve cash flow positivity by late 2025, with ambitions to become the industry standard for water damage prevention. By Mark Fairbairn Recorded 26/11/24 https://twitter.com/OndoPlc https://www.linkedin.com/company/ondoplc/ #StockBox #ONDO
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