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Baoba Parametrics logo — Derisking urban areas through location intelligence-driven,...

Baoba Parametrics

Derisking urban areas through location intelligence-driven, automated, parametric insurance technology

Founded 2022 Canada Toronto, Canada 4 employees Pre-Seed Total: $800.00K Information Technology, Insurance +2

General Information

Company Name Baoba Parametrics
Founded Year 2022
Location Canada Toronto, Canada
Founders / Decision Makers
Team member
Employees 4
Industries Information Technology, Insurance, Insurtech +1
Funding Stage Pre-Seed
Social

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About Baoba Parametrics

Baoba Inc is a Canadian startup founded in 2021 with the mission of de-risking urban areas through location intelligence-driven, automated, parametric insurance technology. The company's slogan reflects their core focus on leveraging machine learning and geospatial data to create an end-to-end platform for insurers. This platform enables the creation of parametric and index-based insurance, providing customers with automated coverage. The recent €800.00K Pre Seed Round investment on 01 August 2022 was led by notable investors such as Startup Wise Guys, DMZ, Granpool Innovative Investments, Jared Schrieber, and The Braunfeld Group. Baoba Inc operates in the Information Technology, Insurance, and Insurtech industries, positioning itself at the intersection of technology and risk management in the insurance sector.

Business keywords: parametric insurance, location intelligence, automated insurance, geospatial data, insurance technology, urban areas, end-to-end platform, insurtech, data-driven, index-based insurance, risk mitigation, urban resilience

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Pre Seed Round €800.00K 5
Startup Wise Guys DMZ Granpool Innovative Investments
Startup Wise Guys, DMZ +3
01 Aug 2022

Baoba Parametrics Alternatives & Competitors

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Baoba Parametrics vs
Riskwolf 🐺
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Baoba Parametrics vs
INSR.tech
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Baoba Parametrics vs
Kayna Innovation
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FAQ About Baoba Parametrics

Derisking urban areas through location intelligence-driven, automated, parametric insurance technology
Baoba Parametrics was founded in 2022.
Baoba Parametrics is headquartered in Toronto, Canada.
Baoba Parametrics operates in Information Technology, Insurance, Insurtech and Marketplaces. Its work centres on parametric insurance, location intelligence, automated insurance and geospatial data.
Baoba Parametrics has approximately 4 employees.
Baoba Parametrics has completed 1 funding round, raising a total of $800.00K. The latest funding stage is Pre-Seed.
Top alternatives and competitors to Baoba Parametrics include Riskwolf 🐺, INSR.tech, Kayna Innovation, Helvengo, Climatica. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Baoba Parametrics and Riskwolf 🐺 are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Baoba Parametrics, https://bouncewatch.com/company/baoba-inc, updated 6 October 2025. When citing, please name BounceWatch and link this page.

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