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FutureProof Technologies logo — Building climate-smart insurance solutions

FutureProof Technologies

Building climate-smart insurance solutions

Founded 2019 22 employees Series Unknown Total: $9.50M Financial Services, Insurtech

General Information

Company Name FutureProof Technologies
Founded Year 2019
Employees 22
Industries Financial Services, Insurtech
Funding Stage Series Unknown
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About FutureProof Technologies

FutureProof Technologies is a venture-backed insurtech startup striving to establish the climate-smart insurer of the future. Founded in 2019, the company is focused on rectifying the broken climate price signal, which currently fails to reflect the true cost of climate risk in the financial system. This mispricing leads to systemic risk and a lack of financial incentives for investment in adaptation and resilience. FutureProof believes that aligning incentives through insurance pricing is crucial to the solution and is committed to building technology to manage climate- and weather-related financial risk. Their recent milestone includes a $6.50M Venture Round investment led by MS&AD Ventures, Innovation Endeavors, ThirdStream Partners, RWT Horizons, AXIS Digital Ventures on 05 May 2022. With a strong vision and a small yet dedicated team, FutureProof Technologies is making strides in creating climate-smart insurance solutions to confront the challenges of tomorrow.

Taxonomy: insurtech, climate-smart insurance, venture-backed, MGA (Managing General Agent), AI-driven projections, algorithmic underwriting, pricing strategy, insurance technology, climate risk management, financial risk, weather-related risk, investment in resilience, AXIS Digital Ventures, MS&AD Ventures, wholesale insurance

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 5
Investor Investor Investor Investor
•••• •••• 		05 May 2022
Convertible Note •••••• 1
Investor
19 Nov 2021
Seed Round •••••• 3
Investor Investor Investor
29 Jun 2021

FutureProof Technologies Alternatives & Competitors

FutureProof Technologies vs
Climate Alpha
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FutureProof Technologies vs
Climate X
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FutureProof Technologies vs
Rankiteo
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CyberSecurity rating As a Service

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FAQ About FutureProof Technologies

Building climate-smart insurance solutions
FutureProof Technologies was founded in 2019.
FutureProof Technologies operates in the following industries: Financial Services, Insurtech.
FutureProof Technologies has approximately 22 employees.
FutureProof Technologies has completed 3 funding rounds, raising a total of $9.50M. The latest funding stage is Series Unknown.
Top alternatives and competitors to FutureProof Technologies include Climate Alpha, Climate X, Rankiteo, Intensel Limited, Arbol. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
FutureProof Technologies and Climate Alpha 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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