Qumata
Tackling Complex Challenges in Financial Markets
9 employees · est. 2017 · London, United Kingdom
True Flood Risk
True Flood Risk is an AI-driven climate analytics solution for flood risk. Our patented flagship tool estimates FFH/LFE.
5 employees · est. 2018 · New York, United States
Qumata is the older company (2017 vs 2018).
Side-by-Side Comparison
| Metric | Qumata | True Flood Risk |
|---|---|---|
| Founded | ||
| Founded | 2017 older | 2018 |
| Headquarters | ||
| Headquarters | London, United Kingdom | New York, United States |
| Employees | ||
| Employees | 9 | 5 |
| Industry | ||
| Industry | Insurtech | Analytics, Insurtech, SaaS |
| Funding Stage | ||
| Funding Stage | Series A | Grant |
| Total Funding | ||
| Total Funding | Not tracked yet | $570.00K |
| Funding Rounds | ||
| Funding Rounds | 9 | 3 |
| Services | ||
| Services | Not tracked yet | Not tracked yet |
| Target Customers | ||
| Target Customers | Not tracked yet | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Financial Markets, Derivatives, Life Insurance Underwriting, Health Insurance Underwriting, Predictive Analytics, Insurtech, Digital Health | AI-driven Climate Analytics, Flood Risk Management, Property-level Data Analysis, Floodplain Management, Geolocation Intelligence, Insurance Underwriting, Real Estate Risk Assessment, Emergency Response, Flood Monitoring, Data Visualization, Market Reports, Community Vulnerability Assessment, Flood Insurance Premiums, Emergency Communication |
| Website | ||
| Website | qumata.com | TrueFloodRisk.com |
About Qumata
Qumata is a data science company founded in 2017, that specializes in the Insurtech sector, with its headquarters in the United Kingdom. The company is distinguished by its ability to transform complex data into actionable insights, primarily within financial markets involving derivatives and insura...
About True Flood Risk
True Flood Risk is a pioneering AI-driven climate analytics startup that focuses on assessing flood risk. Established in 2018 and headquartered in the United States, the company's flagship tool, which is patented with US Patent No 11,120,557, estimates first floor height (FFH) and lowest floor eleva...
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Funding, hiring, leadership and stack changes at Qumata and True Flood Risk — by email.
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Compiled from the BounceWatch company index. We last looked at Qumata on 29 Apr 2026, and True Flood Risk on 11 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.