FloodFlash

FloodFlash

Smart commercial flood insurance that gives you more.

Founded 2017

United Kingdom 23 employees Debt Financing Total: $15.73M Fintech, Insurance +1

FloodFlash is a trailblazing insurance technology startup that aims to address the gaps in the flood insurance market. Launched in 2019, the company has quickly made a significant impact by introducing parametric flood insurance to the mass market, filling a crucial void in the industry. By leveraging computer models, cloud software, and IoT sensors, FloodFlash provides customers with transparent and customizable flood cover, offering protection to those traditionally overlooked by the insurance sector. The company's innovative approach has garnered widespread recognition, with over 30 industry awards to its name, establishing it as a leader in the global parametric movement. Since its inception, FloodFlash has secured £2.1m in investment, demonstrating growing confidence in its disruptive business model. The company's recent $2.63M Debt Financing investment on May 19, 2023 further underscores investor interest in its potential. Strikingly, FloodFlash has earned accreditation as a registered coverholder at Lloyd’s of London and operates under the authorization and regulation of the Financial Conduct Authority. Based in London, United Kingdom, FloodFlash's commitment to revolutionizing flood insurance aligns with the escalating challenges posed by climate change, population expansion, and urbanization, which have contributed to the alarming $58bn of uninsured catastrophic flood losses worldwide. FloodFlash's ambitious vision, coupled with its achievements and financial backing, positions it as a compelling player in the Fintech, Insurance, and Insurtech sectors, poised for further growth and impact on the insurance landscape.

Funding Stage	Amount	Investors	Lead Investors	Date
Debt Financing	$2.63M	-		19 May 2023
Series A	£11.00M	9	Buoyant Ventures, MS&AD Ventures +7	10 Feb 2022
Seed Round	Undisclosed	1	Tech Nation Fintech	22 Sep 2020
Seed Round	£1.90M	-		01 Aug 2018
Seed Round	£200.00K	-		08 Jun 2017

Funding Stage

Amount

Investors

Lead Investors

Date

Debt Financing

$2.63M

19 May 2023

Series A

£11.00M

Buoyant Ventures, MS&AD Ventures +7

10 Feb 2022

Seed Round

Undisclosed

Tech Nation Fintech

22 Sep 2020

Seed Round

£1.90M

01 Aug 2018

Seed Round

£200.00K

08 Jun 2017

FAQ About FloodFlash

Smart commercial flood insurance that gives you more.

FloodFlash was founded in 2017.

FloodFlash is headquartered in United Kingdom.

FloodFlash operates in Fintech, Insurance and Insurtech. Its work centres on Insurance technology, Parametric insurance, Flood risk management and Climate change adaptation.

FloodFlash has approximately 23 employees.

FloodFlash has completed 5 funding rounds, raising a total of $15.73M. The latest funding stage is Debt Financing.

Top alternatives and competitors to FloodFlash include Raincoat, BirdsEyeView, Certificial, Helvengo, The Heart. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

FloodFlash and Raincoat 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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Funding Rounds & Investors (5)

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FAQ About FloodFlash