London, United Kingdom
EHAB is a UK-based startup that aims to empower construction companies to adapt to the challenges of climate change with its weather risk management platform. Founded in 2015, EHAB's platform integrates hyper-local aggregated data, machine learning, advanced modeling, smart contracts, and parametric insurance to provide a comprehensive solution for managing weather-related risks in the construction industry.
The platform not only helps construction innovators win more bids and plan effectively but also enables them to better manage extreme weather events. By seamlessly integrating with EHAB, construction professionals can utilize data-driven insights to minimize downtime, maximize resource utilization, and reduce weather-related risks.
The recent £950.00K Seed Round investment in November 1, 2022 involving Portfolio Ventures and Insurtech Gateway demonstrates the confidence of investors in EHAB's innovative approach to addressing weather resilience in the construction sector. With its focus on blockchain, insurtech, SaaS, and construction industries, EHAB is positioned to make a significant impact in helping construction companies adapt to the challenges posed by climate change.
