Fundz

Reask Announces $6.55M Total Funding To Enter Us & Expand Its Extreme Weather Risk Modeling To All Those Who Need It

PRIVATEJun 15, 2023

Amount Raised

$6.55 Million

Round Type

Funding Round

SydneyInformation TechnologySoftwareArtificial Intelligence

Investors

HawktailSV AngelTencentMacdoch VenturesMastry VenturesCollaborative Fund

Description

Reask, the risk data company applying artificial intelligence (AI) to interpret and forecast global extreme weather conditions, today announced it has raised a total of $6.55M in investment funding. Its most recent $4.6M seed round was co-led by Mastry Ventures and Collaborative Fund, with participation from Macdoch Ventures and existing pre-seed investor Tencent, alongside pre-seed investors SV Angel and Hawktail.

Quick answer

Reask raised $6.55 Million in a Funding Round round, dated June 15, 2023. Investors: Hawktail, SV Angel, Tencent, Macdoch Ventures, Mastry Ventures and Collaborative Fund. Reask is based in Sydney, New South Wales, Australia.

How much did Reask raise?
Reask raised $6.55 Million in a Funding Round round on June 15, 2023.
Who invested in Reask?
Hawktail, SV Angel, Tencent, Macdoch Ventures, Mastry Ventures and Collaborative Fund are named as investors in this round.
What does Reask do?
Reask is a science and technology company applying cutting-edge data science to natural hazard modeling.
Where is Reask based and how big is it?
Reask is based in Sydney, New South Wales, Australia. Fundz records about 22 employees.
Who are the decision-makers at Reask?
Fundz holds 1 contact at Reask. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Artificial Intelligence around the same time

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

  • HumanFirst raised $5M (Funding Round) on July 26, 2023.
  • Akkio raised $15M (Funding Round) on July 26, 2023.
  • Veea raised $3M (Seed) on July 26, 2023.
  • OnePlan raised an undisclosed amount (Corporate Round) on July 25, 2023.
  • Insight7 raised an undisclosed amount (Pre-Seed) on July 25, 2023.
  • Cyble raised $21M on July 25, 2023.

Who to call at Reask, and when

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Company Information

Company

Reask

Location

Sydney, New South Wales, Australia

About

Reask is a science and technology company applying cutting-edge data science to natural hazard modeling. By applying AI to better capture global drivers of extreme weather frequency and severity, Reask can efficiently simulate probabilistic views of ground level risk at extremely high resolution. Early adopters include (re)insurance giants AXA and Swiss Re as well as a Big 4 accounting firm. To learn more, please visit https://reask.earth/.

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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 Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.