FutureProof is a fast-moving, venture-backed insurtech startup on a mission to create the climate-smart insurer of the future. We're a small team with a big vision. When we started FutureProof, we were motivated by the fact that the climate price signal is broken: the true cost of climate risk is not currently reflected in the financial system. This leads to mispricing and systemic risk, as well as to a lack of financial incentives for investment in adaptation and resilience. We believe that aligning incentives through insurance pricing will be crucial to the solution. Insurers need new technology to manage climate- and weather-related financial risks. We are building these solutions. We are deploying novel analytics and digital underwriting to build transformative new insurance products that help the world become more resilient to climate change.
The frequency and severity of climate disasters are increasing due to climate change. Insurers and the broader financial sector rely on coarse and legacy technology to manage climate-related financial risk. Weak price signals on climate lead to large losses and systemic risk. Our loss projections yield unprecedented accuracy and asset-specific granularity. We help create price signals that align incentives for climate adaptation.
B2B
1 to 25
N/A
N/A
Scaling Up
2019
Insurance
N/A
Increase Productivity
Increase Efficiency
Analytics
Service
Yes
Active
Machine Learning
Natural Language Processing
Automated Planning and Search
Software
N/A
2
1
$6.5M
Company was founded 2019 and it took almost 3 years (May 2022) to raise first external round
Investors
Interested in researching FutureProof?
We have plenty of data and we can help. Our deal sourcing platform can help you perform more research about FutureProof
Alisa Valderrama
Co-founder and CEO
Alexander Gelber
Co-Founder
Fielding Norton
Co-Founder & Chief Insurance Officer
Mark Allen
Co-Founder, CTO
Potential Customers
Interested in what they do or partnership?
Learn more about how they work