Lemoore, United States
Kettle is an innovative startup redefining the insurance landscape through AI and machine learning. Founded in 2020 and headquartered in the United States, the company leverages advanced technology to model the impacts of climate change on catastrophic risks such as wildfires and hurricanes. With its proprietary models, Kettle writes both insurance and reinsurance policies to safeguard individuals and businesses against these escalating threats.
Positioned at the intersection of Financial Services, Information Technology, and Insurtech, Kettle has attracted significant investor interest. On 18 November 2021, the company secured a $25.00M Series A investment. Noteworthy investors include Acrew Capital, Anthemis Group, DCVC, Homebrew, True Ventures, Valor Equity Partners, Lowercarbon Capital, and Two Culture Capital.
This infusion of capital will likely bolster Kettle's capacity for innovation in climate risk assessment, fortifying its role in modern insurance solutions.
