Futureproof Secures $6.5M In Capital And Founds New Insurance Mga
05/05/22, 5:38 PM
Location
san diego
Money raised
$6.5 million
FutureProof Technologies, the climate-smart P&C insurtech, announced that it has raised $6.5 million in capital led by AXIS Digital Ventures with participation from prior investors Innovation Endeavors and MS&AD Ventures. The new funding brings FutureProof’s total capital raised to nearly $10 million.
Company Info
Location
san diego, california, united states
Additional Info
FutureProof's AI-powered projections of asset-level losses from hurricane wind and flood will power a new generation of insurance underwriting. FutureProof will use its climate-smart insurance products to help close the coverage gap and motivate investment in climate adaptation. For more information, visit www.futureprooftech.io.