When was Chelsea Avondale founded?

Chelsea Avondale was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Where is Chelsea Avondale located?

Chelsea Avondale is headquartered in Barbados.

How many employees does Chelsea Avondale have?

As of Aug 31, 2026, the latest employee count at Chelsea Avondale is 25.

Is Chelsea Avondale a funded company?

Chelsea Avondale is a funded company, having raised a total of $45.5M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 18, 2021.

When was the latest funding round of Chelsea Avondale?

Chelsea Avondale's latest funding was a $***** Series C round on May 23, 2023, with participation from 2 investors.

Where does Chelsea Avondale rank among its competitors?

Chelsea Avondale ranks 191st amongst 879 active competitors, of which 154 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was MIND, which secured $72M in Sep, 2026.

Who are the top competitors of Chelsea Avondale?

Chelsea Avondale's top competitors include Cytora, Shift Technology and Credit Benchmark. Among them, MIND secured the most recent funding round in September, 2026.

Chelsea Avondale - 2026 Company Profile, Funding & Competitors

Chelsea Avondale is a series C company based in Barbados, founded in 2016. It operates as a Developer of precise risk technology for property and casualty insurance. Chelsea Avondale has raised $45.5M in funding from BDT & MSD Partners. The company has 879 active competitors, including 154 funded and 96 that have exited. Its top competitors include companies like Cytora, Shift Technology and Credit Benchmark.

Company Details

Developer of precise risk technology for property and casualty insurance. It utilizes scientific principles to analyze and price risk, moving beyond traditional risk grouping methods. The technology re-engineers the entire pricing and risk evaluation process, offering a more accurate and scientifically-driven approach to underwriting. This methodology is based on a ground-up analysis of the scientific properties of events causing insurance claims.

Website: chelseaavondale.com
Email ID: *****@chelseaavondale.com, *****@chelseaavondale.com, *****@chelseaavondale.com

Key Metrics

Founded Year

2016

Location

Barbados

Stage

Series C

Total Funding

$45.5M in 3 rounds

Latest Funding Round

Series C, May 23, 2023, $*****

Investors

BDT & MSD Partners & 1 more

Ranked

191^st among 879 active competitors

Employee Count

25 as on Aug 31, 2026

Similar Companies

Cytora & 1031 more

View Chelsea Avondale's full profile

Chelsea Avondale has raised a total funding of $45.5M over 3 rounds. Its first funding round was on Nov 18, 2021. Its latest funding round was a Series C round on May 23, 2023 for $*****. 2 investors participated in its latest round. Chelsea Avondale has 2 institutional investors.

Here is the list of recent funding rounds of Chelsea Avondale:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 23, 2023	6481249	Series C	3440581	1409353	9355614	1388894
Jul 08, 2022	5542237	Series C	5349209	2217630	1203846	6429471
Nov 18, 2021	4484742	Seed	6126253	8090346	4543744	3279831

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View details of Chelsea Avondale's funding rounds and investors

Chelsea Avondale's employee count trend

Chelsea Avondale has 25 employees as of Aug 26. Here is Chelsea Avondale's employee count trend over the years:

Employee count trend for Chelsea Avondale

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Top competitors of Chelsea Avondale include Cytora, Shift Technology and Credit Benchmark. Here is the list of Top 10 competitors of Chelsea Avondale, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cytora 2012, London (United Kingdom), Acquired	Risk management solutions for insurers and underwriters	$41.5M	EQT, Parkwalk & 42 others	67/100
2nd	Shift Technology 2014, Paris (France), Series D	Provider of AI solutions for insurance underwriting, claims, and risk	$320M	Accel, Bessemer Venture Partners & 15 others	67/100
3rd	Credit Benchmark 2012, London (United Kingdom), Series B	Credit risk data aggregator of banks	$35.6M	Index Ventures, Balderton Capital & 12 others	66/100
4th	OpenGamma 2009, London (United Kingdom), Acquired	Platform that provides SaaS based solutions for derivatives risk analytics	$74.9M	ICAP, Accel & 9 others	66/100
5th	Munich Re 1880, Munich (Germany), Public	Platform offering insurance risk management solutions	-	OnRamp Insurance Conference, Prehype & 1 others	64/100
6th	Quantexa 2016, London (United Kingdom), Series F	Developer of decision intelligence software for data analysis and management	$545M	GIC, Dawn Capital & 14 others	63/100
7th	MIND 2023, Seattle (United States), Series B	Platform offering data management solutions	$113M	Crosspoint Capital Partners, YL Ventures & 5 others	62/100
8th	Fable Security 2024, San Francisco (United States), Series B	Provider of platform to assess and shape employee security behavior	$86.3M	Redpoint Ventures, Greylock Partners	62/100
9th	Indico Data 2014, Boston (United States), Series B	Developer of an agentic decisioning platform for insurance underwriting and claims	$72.7M	.406 Ventures, Two Sigma Ventures & 14 others	61/100
10th	FutureProof 2019, San Diego (United States), Series A	Online climate risk analytics platform for institutions	$9.5M	Innovation Endeavors, AXIS Capital & 10 others	61/100
191st	Chelsea Avondale 2016, Barbados, Series C	Developer of precise risk technology for property and casualty insurance	$45.5M	BDT & MSD Partners, American Family Ventures	33/100