FutureProof Technologies

Overview
Climate Risk Analytics?
Product stageSegments
Pre-Seed
?
Long-term climate risk analytics: Parametric insurance
?

FutureProof Technologies is an InsurTech company providing insurers with AI-based solutions to price climate risks arising from hurricane wind and flood. 

FutureProof users are able to examine the potential climate risks of different properties and buildings through the year 2100 by optimizing the company’s multiple factors and climate scenarios. This assists reinsurers and insurers to manage risks more profitably. The company’s solution can also be integrated into pre-existing decision-making software adopted by insurance companies and banks. 

FutureProof offers its tools for free for use by financial regulators. The company also had plans to launch its digital managing general agent (MGA) algorithmic underwriting platform in late 2022.

Funding and financials

The company’s most recent funding round was in May 2022, when it raised USD 6.5 million in a venture round led by AXIS Digital Ventures. Previously, in June 2021, the company raised USD 3 million in a seed round led by Innovation Endeavors. The proceeds were utilized to scale up the underwriting, portfolio risk management, and engineering teams. 

HQ location:
8677 Villa La Jolla Drive Suite 1217 San Diego CA USA
Founded year:
2019
Employees:
11-50
IPO status:
Private
Total funding:
USD 9.5 mn
Last Funding:
USD 6.5 mn (Series Unknown; May 2022)
Last valuation:
-
Key competitors
Filter by the segments to which the disruptor belongs
All Segmentsexpand
 
Loading...
Loading...
Loading...
Loading...
Product Overview
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Product Metrics
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Company profile
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Funding data are powered by Crunchbase
arrow
menuarrow
Click here to learn more
Get a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.