FutureProof Technologies

Building climate-smart insurance solutions

General Information
Company Name
FutureProof Technologies
Founded Year
2019
Location (Offices)
Founders / Decision Makers
Number of Employees
22
Industries
Financial Services, Insurtech
Funding Stage
Series Unknown
Social Media

FutureProof Technologies - Company Profile

FutureProof Technologies is a venture-backed insurtech startup striving to establish the climate-smart insurer of the future. Founded in 2019, the company is focused on rectifying the broken climate price signal, which currently fails to reflect the true cost of climate risk in the financial system. This mispricing leads to systemic risk and a lack of financial incentives for investment in adaptation and resilience. FutureProof believes that aligning incentives through insurance pricing is crucial to the solution and is committed to building technology to manage climate- and weather-related financial risk. Their recent milestone includes a $6.50M Venture Round investment led by MS&AD Ventures, Innovation Endeavors, ThirdStream Partners, RWT Horizons, AXIS Digital Ventures on 05 May 2022. With a strong vision and a small yet dedicated team, FutureProof Technologies is making strides in creating climate-smart insurance solutions to confront the challenges of tomorrow.

Taxonomy: insurtech, climate-smart insurance, venture-backed, MGA (Managing General Agent), AI-driven projections, algorithmic underwriting, pricing strategy, insurance technology, climate risk management, financial risk, weather-related risk, investment in resilience, AXIS Digital Ventures, MS&AD Ventures, wholesale insurance

Funding Rounds & Investors of FutureProof Technologies (3)

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Funding Stage Amount No. Investors Investors Date
Venture Round $6.50M 5 AXIS Digital Ventures 05 May 2022
Convertible Note Unknown 1 19 Nov 2021
Seed Round $3.00M 3 29 Jun 2021

Latest News of FutureProof Technologies

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No recent news or press coverage available for FutureProof Technologies .

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