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Floodbase logo — We use satellites and AI to track floods in near real-time a...

Floodbase

We use satellites and AI to track floods in near real-time anywhere on Earth to insure risk and save lives.

Founded 2015 United States New York, United States 28 employees Series A Total: $12.00M Food and Beverage

General Information

Company Name Floodbase
Founded Year 2015
Location United States New York, United States +1
Employees 28
Industries Food and Beverage
Funding Stage Series A
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About Floodbase

Floodbase is a pioneering startup utilizing satellites and AI to provide near real-time flood tracking worldwide, aiming to mitigate risk and save lives. The company collaborates with re/insurers and humanitarian organizations as a data provider and reporting agent to design, underwrite, and monitor parametric flood insurance products profitably. Since its establishment in 2015, Floodbase has been leveraging nearly a decade of groundbreaking science to continuously monitor flooding globally. This entails pairing historical flood data with near real-time monitoring, making it possible to cover large corporate and public sector clients against previously uninsurable economic loss from flooding. The startup's most recent milestone was a $12.00M Series A investment on 26 January 2023, with participation from Collaborative Fund, Lowercarbon Capital, Floating Point Advisors, Vidavo, and Overture VC. Based in the United States, Floodbase operates within the Food and Beverage industry.

Taxonomy: satellite technology, flood tracking, real-time monitoring, parametric insurance, risk assessment, disaster risk reduction, insurtech, remote sensing, geospatial data, climate resilience, flood risk management

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 5
Investor Investor Investor Investor
•••• •••• 		26 Jan 2023

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Floodbase vs
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Also compare with: Floodbase vs FloodMapp FloodMapp Floodbase vs JBA Risk Management JBA Risk Management

FAQ About Floodbase

We use satellites and AI to track floods in near real-time anywhere on Earth to insure risk and save lives.
Floodbase was founded in 2015.
Floodbase is headquartered in New York, United States.
Floodbase operates in the following industries: Food and Beverage.
Floodbase has approximately 28 employees.
Floodbase has completed 1 funding round, raising a total of $12.00M. The latest funding stage is Series A.
Top alternatives and competitors to Floodbase include Previsico, Flood Risk America, True Flood Risk, Clark County Regional Flood Control District, FloodMapp. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Floodbase and Previsico 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.

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