Floodbase - About the company
Floodbase is a series A company based in New York City (United States), founded in 2015 by Bessie Schwarz and Beth Tellman. It operates as a Provider of parametric flood insurance solutions. Floodbase has raised $17M in funding from investors like Imagine H2O, Lowercarbon Capital and Ecosystem Integrity Fund. The company has 41 active competitors, including 11 funded and 5 that have exited. Its top competitors include companies like Honeycomb Insurance, Matic Insurance and SageSure.
Company Details
Provider of parametric flood insurance solutions. This company offers an end-to-end solution enabling insurance products for previously uncovered flood risk. It uses advanced flood mapping technology to expand addressable risk and power a new category of parametric flood insurance, providing payouts based on the magnitude of flooding. Policies cover various loss types, including business interruption, crop and land loss, and disaster response, offering flexible structures and quick payouts.
- Website
- www.floodbase.com/
- Email ID
- *****@floodbase.com
Key Metrics
Founded Year
2015
Location
New York City, United States
Stage
Series A
Total Funding
$17M in 3 rounds
Latest Funding Round
Investors
Ranked
3rd among 41 active competitors
Employee Count
25 as on Oct 31, 2026
Similar Companies
Legal entities associated with Floodbase
Floodbase is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Cloud To Street, Pbc CIN: 830747924 , United States, Active | Aug 08, 2021 | - | - | - |
Sign up to download Floodbase's company profile
Floodbase's funding and investors
Floodbase has raised a total funding of $17M over 3 rounds. Its first funding round was on Jun 08, 2018. Its latest funding round was a Series A round on Feb 06, 2025 for $*****. 2 investors participated in its latest round. Floodbase has 14 institutional investors.
Here is the list of recent funding rounds of Floodbase:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 06, 2025 | 3917099 | Series A | 6227889 | 7168763 | 6713675 | 8417348 |
Jan 26, 2023 | 6791477 | Series A | 6270332 | 7761393 | 7189317 | |
Jun 08, 2018 | 9257298 | Seed | 2341048 | 4316616 | 9400743 |
View details of Floodbase's funding rounds and investors
Floodbase's founders and board of directors
Founder? Claim ProfileThe founders of Floodbase are Bessie Schwarz and Beth Tellman. Bessie Schwarz is the CEO of Floodbase.
Here are the details of Floodbase's key team members:
- Bessie Schwarz: Co-Founder & CEO of Floodbase. Contact Info: 1 email address
- Beth Tellman: Co-Founder of Floodbase. Contact Info: 1 email address
View details of Floodbase's Founder profiles and Board Members
Floodbase's employee count trend
Floodbase has 25 employees as of Oct 26. Here is Floodbase's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Floodbase's Competitors and alternates
Top competitors of Floodbase include Honeycomb Insurance, Matic Insurance and SageSure. Here is the list of Top 10 competitors of Floodbase, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Honeycomb Insurance 2019, Denver (United States), Series C | AI-based comparison platform for real estate insurance | $94.7M | 67/100 | |
2nd | Matic Insurance 2014, Columbus (United States), Series C | Provider home insurance quote solutions | $106M | 64/100 | |
3rd | Floodbase 2015, New York City (United States), Series A | Provider of parametric flood insurance solutions | $17M | 61/100 | |
4th | SageSure 2006, Jersey City (United States), Series D | Online property comparison platform for individuals and businesses | $320M | 60/100 | |
5th | SmartFinancial 2016, Costa Mesa (United States), Public | Insurance comparison platform offering quotes for auto, home, health, and more | - | - | 55/100 |
6th | ReThought Insurance 2017, Broomfield (United States), Series B | Online comparison platform for commercial flood insurance | $27.9M | 43/100 | |
7th | Online real time flood data and forecasting solutions | $9.89M | 42/100 | ||
8th | National Homeowners Insurance 2016, Cambridge (United States), Unfunded | Online insurance marketplace simplifying insurance shopping for families, property, and future | - | - | 39/100 |
9th | Bungalow 2014, Philadelphia (United States), Acquired | Making renters insurance convinient | - | 38/100 | |
10th | ![]() Click4quote 2004, Colchester (United Kingdom), Series D | Specialist property insurance platform | $248M | - | 35/100 |
Looking for more details on Floodbase's competitors? Click here to see the top ones
Floodbase's Investments and acquisitions
Floodbase has made no investments or acquisitions yet.
Reports related to Floodbase
Here is the latest report on Floodbase's sector:
News related to Floodbase
Media has covered Floodbase for a total of 3 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
•
•
Liberty Mutual & Floodbase Partner on Parametric Flood InsuranceInsurance Journal•Feb 25, 2026•Floodbase, Liberty Mutual Insurance
•
Floodbase and Yokahu Partner to Offer Automated Parametric Flood Insurance in New OrleansReinsurance News•Apr 25, 2025•Floodbase, Yokahu
•
USA Floodbase Raises $5M in FundingFinSMEs•Feb 25, 2025•Floodbase, Ecosystem Integrity Fund, Pulse Fund
•
Floodbase Secures $17 Million in Funding to Expand Flood Insurance ProgramsReinsurance News•Feb 25, 2025•Floodbase, Ecosystem Integrity Fund, Pulse Fund
•
Insurtech company Floodbase garners $5m investmentLife Insurance International•Feb 25, 2025•Floodbase, Ecosystem Integrity Fund, Pulse Fund, Swiss Re and 2 others
•
Floodbase secures investment to expand its flood risk platform.PR Newswire•Feb 24, 2025•Floodbase, Ecosystem Integrity Fund, Pulse Fund
•
•
Aon, Floodbase and Swiss Re Launch Parametric Storm Surge Solution to Bolster U.S. Hurricane Insurance ProtectionInsuranceNewsNet•Feb 05, 2025•Aon, Floodbase, Swiss Re
•
Amwins and Floodbase partner on parametric flood insurance for California MunicipalitiesArtemis•Oct 08, 2024•Floodbase, Amwins
Are you a Founder ?
FAQs about Floodbase
Explore our recently published companies
- Lexmind AI - Dortmund based, Unfunded company
- LifeFrom AI - Sheridan based, Unfunded company
- ProcOS AI - Unfunded company
- AI Solutions - United Kingdom based, Unfunded company
- Shadowless Headlights Dr. Kim - Czech Republic based, Unfunded company
- Lektorat AI - Fort Lauderdale based, 2025 founded, Unfunded company
