The Demex Group - About the company
The Demex Group is a series A company based in Washington, DC (United States), founded in 2019. It operates as a Provider of reinsurance solutions for non-catastrophic weather-related losses for insurers. The Demex Group has raised $28.4M in funding from investors like Anthemis Group, Blue Bear Capital and IA Capital Group. The company has 2389 active competitors, including 434 funded and 340 that have exited. Its top competitors include companies like ComplyAdvantage, Simplex and Riskified.
Company Details
Provider of reinsurance solutions for non-catastrophic weather-related losses for insurers. The company offers reinsurance to protect annual earnings and credit ratings in volatile climate markets. Brokers can supplement traditional weather reinsurance programs with coverage for frequent weather losses. Reinsurance providers can re-enter the market for secondary perils with a modeled-loss solution.
- Website
- www.thedemexgroup.com/
- Email ID
- *****@thedemexgroup.com
Key Metrics
Founded Year
2019
Location
Washington, DC, United States
Stage
Series A
Total Funding
$28.4M in 4 rounds
Latest Funding Round
Investors
Ranked
72nd among 2389 active competitors
Employee Count
29 as on Sep 30, 2026
Similar Companies
Sign up to download The Demex Group's company profile
The Demex Group's funding and investors
The Demex Group has raised a total funding of $28.4M over 4 rounds. Its first funding round was on Aug 11, 2020. Its latest funding round was a Series A round on Sep 05, 2024 for $*****. 4 investors participated in its latest round. The Demex Group has 7 institutional investors.
Here is the list of recent funding rounds of The Demex Group:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 05, 2024 | 9619859 | Series A | 4478451 | 4221263 | 7751787 | 7946065 |
Aug 15, 2023 | 6417771 | Series A | 7354136 | 1361581 | 3443410 | 7202331 |
Dec 02, 2021 | 6787563 | Series A | 8592320 | 3277025 |
View details of The Demex Group's funding rounds and investors
The Demex Group's founders and board of directors
Founder? Claim ProfileThe Demex Group's employee count trend
The Demex Group has 29 employees as of Sep 26. Here is The Demex Group'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
The Demex Group's Competitors and alternates
Top competitors of The Demex Group include ComplyAdvantage, Simplex and Riskified. Here is the list of Top 10 competitors of The Demex Group, 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 | ComplyAdvantage 2014, London (United Kingdom), Series C | Cloud-based AML solutions | $171M | 77/100 | |
2nd | AI-based crypto payments and fraud prevention solutions for businesses | $19M | 75/100 | ||
3rd | Riskified 2013, New York City (United States), Public | AI-based payment fraud prevention solutions for e-commerce solution | $232M | 74/100 | |
4th | Entrust 1969, Dallas (United States), Acquired | Provider of identity-centric security solutions, including issuance and data protection | - | 74/100 | |
5th | Drata 2020, San Diego (United States), Series C | Risk assessment and management solutions for enterprises | $328M | 73/100 | |
6th | Quantexa 2016, London (United Kingdom), Series F | Provider of decision intelligence software for connecting fragmented enterprise data | $545M | 73/100 | |
7th | Chainalysis 2014, New York City (United States), Series F | Blockchain data platform providing crypto insights | $538M | 72/100 | |
8th | Cloud based KYC and AML management software | $181M | 72/100 | ||
9th | NICE Actimize 1999, Hoboken (United States), Acquired | Provider of AI-driven anti-money laundering and fraud detection solutions | $24M | 72/100 | |
10th | Provider of digital solutions for KYC, document management, and digital signatures | $11.9M | 72/100 | ||
72nd | The Demex Group 2019, Washington, DC (United States), Series A | Provider of reinsurance solutions for non-catastrophic weather-related losses for insurers | $28.4M | 60/100 |
Looking for more details on The Demex Group's competitors? Click here to see the top ones
The Demex Group's Investments and acquisitions
The Demex Group has made no investments or acquisitions yet.
Reports related to The Demex Group
Here is the latest report on The Demex Group's sector:
News related to The Demex Group
Media has covered The Demex Group for 1 event in last 1 year, It was about people movement.
•
Demex Promotes Anderson to CEO, Coalition Hires Fumarola as CPO, Everest Appoints Habayeb EVP and CFOInsurance Journal•Dec 03, 2025•The Demex Group
•
Rethinking Basis Risk in Structured Insurance SolutionsInsurance Journal•Sep 11, 2025•The Demex Group
•
Demex bolsters its Advisory Board with appointments of industry veteransReinsurance News•Sep 12, 2024•The Demex Group
•
Demex adds industry luminaries DeMartini, Speare-Cole, Weber to new Advisory BoardArtemis•Sep 12, 2024•The Demex Group
•
Severe weather reinsurance startup Demex Group raises $10.25MThe Business Journals•Sep 07, 2024•The Demex Group, Congruent Ventures
•
The Demex Group Secures $10.25 Million to Meet Growing Demand for Climate-related Reinsurance SolutionSilicon Valley Journals•Sep 05, 2024•The Demex Group, Congruent Ventures, Moxxie Ventures, MetaProp and 1 other
•
Demex raises $5m to bring SCS reinsurance solution to marketArtemis•Aug 15, 2023•The Demex Group, Blue Bear Capital, ACCURE Battery Intelligence, HSBC and 2 others
•
•
Demex hires Nephila’s Matt Coleman as Chief Risk OfficerArtemis•Sep 27, 2022•The Demex Group, Nephila
•
Are you a Founder ?
FAQs about The Demex Group
Explore our recently published companies
- Pro City Supply - Tampa based, 2005 founded, Unfunded company
- Avesdex Unity Bank - Cambridge based, 2026 founded, Unfunded company
- Finova - Kumasi based, 2025 founded, Unfunded company
- Convello - Valsad based, 1998 founded, Unfunded company
- Akshat Green - Patna based, 2025 founded, Unfunded company
- Xunoia - Hyderabad based, 2025 founded, Unfunded company