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Descartes Underwriting Lands $120M Series B

PRIVATEJan 31, 2022over 4 years ago

Amount Raised

$120 Million

Round Type

series b

Description

Descartes Underwriting, an insurtech company, has raised $120 million in Series B funding.

Company Information

Company

Descartes Underwriting

About

A new generation of 
parametric insurance that builds resilience against climate risk. Descartes collaborates with brokers across the world to protect their corporate clients and governments against natural catastrophes, weather, and emerging risks, through a unique data-driven approach

Predictive Intelligence
Strategic

ML-powered predictions for Descartes Underwriting's next move

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Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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