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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.
Social
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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
Employee Count
25 as on Oct 31, 2026
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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
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Floodbase's founders and board of directors

Founder? Claim Profile
The 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:

Floodbase's employee count trend

Floodbase has 25 employees as of Oct 26. Here is Floodbase's employee count trend over the years:
Employee count trend for Floodbase
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Honeycomb Insurance
Honeycomb Insurance
2019, Denver (United States), Series C
AI-based comparison platform for real estate insurance
$94.7M
67/100
2nd
Logo for Matic Insurance
Matic Insurance
2014, Columbus (United States), Series C
Provider home insurance quote solutions
$106M
64/100
3rd
Logo for Floodbase
Floodbase
2015, New York City (United States), Series A
Provider of parametric flood insurance solutions
$17M
61/100
4th
Logo for SageSure
SageSure
2006, Jersey City (United States), Series D
Online property comparison platform for individuals and businesses
$320M
60/100
5th
Logo for SmartFinancial
SmartFinancial
2016, Costa Mesa (United States), Public
Insurance comparison platform offering quotes for auto, home, health, and more
-
-
55/100
6th
Logo for ReThought Insurance
ReThought Insurance
2017, Broomfield (United States), Series B
Online comparison platform for commercial flood insurance
$27.9M
43/100
7th
Logo for FloodMapp
FloodMapp
2016, Brisbane (Australia), Series A
Online real time flood data and forecasting solutions
$9.89M
42/100
8th
Logo for National Homeowners Insurance
National Homeowners Insurance
2016, Cambridge (United States), Unfunded
Online insurance marketplace simplifying insurance shopping for families, property, and future
-
-
39/100
9th
Logo for Bungalow
Bungalow
2014, Philadelphia (United States), Acquired
Making renters insurance convinient
-
38/100
10th
Logo for Click4quote
Click4quote
2004, Colchester (United Kingdom), Series D
Specialist property insurance platform
$248M
-
35/100
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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

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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.
•
Floodbase Unveils Quote API to Reduce Manual Quoting CyclesInsurance Journal•Mar 06, 2026•Floodbase
•
Insurtech company Floodbase garners $5m investmentLife Insurance International•Feb 25, 2025•Floodbase, Ecosystem Integrity Fund, Pulse Fund, Swiss Re and 2 others
•
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