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Adaptive Insurance raises $5M in funding to expand its specialty product portfolio and grow its distribution network.

PRIVATEJul 08, 2026

Amount Raised

$5 Million

Round Type

Funding Round

AustinFinancial ServicesInsurtechInsurance

Investors

Congruent Ventures

Description

Adaptive Insurance, an Austin, TX-based climate resilience company, raised $5M in financing. The company intends to use the funds to expand its specialty product portfolio, grow its agent and partner distribution network, and develop its climate intelligence platform. Backers were not disclosed. Led by CEO Mike Gulla, the company focuses on supporting climate resilience through AI-driven insurance solutions.

Quick answer

Adaptive Insurance raised $5 Million in a Funding Round round, dated July 8, 2026. Investors: Congruent Ventures. Adaptive Insurance is based in Austin, Texas, United States.

How much did Adaptive Insurance raise?
Adaptive Insurance raised $5 Million in a Funding Round round on July 8, 2026.
Who invested in Adaptive Insurance?
Congruent Ventures is named as investors in this round.
What does Adaptive Insurance do?
Adaptive Insurance is a Texas-based climate resiliency company that utilizes advanced AI and climate data to innovate parametric insurance solutions.
Where is Adaptive Insurance based and how big is it?
Adaptive Insurance is based in Austin, Texas, United States. Fundz records about 13 employees.
Who are the decision-makers at Adaptive Insurance?
Fundz holds 2 contacts at Adaptive Insurance, including the Head of Business Development. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Insurtech around the same time

Companies in the same sectors as Adaptive Insurance that raised within 45 days of this round, from Fundz verified event records.

  • Eggar Forrester Insurance raised an undisclosed amount on August 19, 2026.
  • Soor raised an undisclosed amount (Pre-Seed) on August 10, 2026.
  • Coverwatch raised $4.5M (Pre-Seed) on July 23, 2026.
  • Gradient AI raised $56M (Series C) on July 29, 2026.
  • Soter Insure raised an undisclosed amount (Series B) on July 29, 2026.
  • Ominimo raised $23M (Series B) on July 27, 2026.

Who to call at Adaptive Insurance, and when

A new round usually means Adaptive Insurance is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Adaptive Insurance, from your own LinkedIn network

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Company Information

Company

Adaptive Insurance

Location

Austin, Texas, United States

About

Adaptive Insurance is a Texas-based climate resiliency company that utilizes advanced AI and climate data to innovate parametric insurance solutions. Its flagship product, GridProtect, offers rapid financial relief to businesses during short-duration power outages. The company focuses on redefining traditional insurance models to better address the challenges posed by climate change. With a mission to deliver agile solutions, Adaptive Insurance seeks to mitigate financial risks associated with increasingly frequent weather-driven events.

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Related People

2 contacts
Verified contactsBrett, Head of Business Development hiddenSee plans and pricing
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Adaptive Insurance raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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