Companies in Climate Insurance
There are 87 companies in Climate Insurance which include ICEYE, Neptune Flood, Munich Re, Descartes Underwriting, Delos. 51 companies in Climate Insurance are funded, with 26 having secured Series A funding. Till date, the sector has seen the creation of 1 Unicorn. United States has the most number of companies in Climate Insurance (45), followed by United Kingdom
(13), and then France (4).
On average, the last 10 years have seen 5 new companies launched every year. Most number of Climate Insurance startups have been founded by alumni from Stanford University, Harvard University and Columbia University.
Here is a List of top companies in Climate Insurance
1. ICEYE
Operator of synthetic aperture radar satellites providing earth observation data. The company designs mission systems to enable national space programs. It offers synthetic aperture radar data, imaging modes, and a tasking application programming interface. The company provides solutions for natural catastrophe insights, insurance, and government applications.
Key facts about ICEYE
- Founded Year: 2014
- Location: Espoo (Finland)
- Stage: Series E
- Total Funding till date: $686M
- Investors: True Ventures, Seraphim and 46 Others
- Latest Funding Round: Series E, Dec 05, 2025, $*****
- Tracxn Score: 72/100 What is this?
- Competitors Rank: 3 of 389 Competitors
Online platform for flood insurance. It leverages LiDAR and IfSAR to perform land surveys. It offers flood insurance coverage to homeowners, renters, and business owners. It also offers insurance claims solutions.
Key facts about Neptune Flood
- Founded Year: 2016
- Location: St. Petersburg (United States)
- Stage: Public
- Total Funding till date: $12.6M
- Investors: FTV Capital, Bregal Sagemount and 2 Others
- Latest Funding Round: Series A, Mar 31, 2023, $*****
- Tracxn Score: 66/100 What is this?
3. Munich Re
Platform offering insurance risk management solutions. The platform offers reinsurance, primary insurance and insurance-related risk solutions. The platform provides insights into cyber risks and trends, offering insurance solutions to protect against potential cyber threats. It caters to sectors including agriculture, aviation, contingency, and marine insurance.
Key facts about Munich Re
- Founded Year: 1880
- Location: Munich (Germany)
- Stage: Public
- Investors: OnRamp Insurance Conference, Prehype and 1 Other
- Latest Funding Round: Grant (prize money), Jan 02, 2016, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 5 of 120 Competitors
Online platform for parametric insurance. It offers insurance for natural catastrophes, agriculture, energy, and more. It offers parametric insurance and other policies to protect companies and governments against natural catastrophes and emerging risks.
Key facts about Descartes Underwriting
- Founded Year: 2018
- Location: Paris (France)
- Stage: Series C
- Total Funding till date: $141M
- Investors: Highland Europe, Cathay Innovation and 7 Others
- Latest Funding Round: Series C, Jun 17, 2025, $*****
- Tracxn Score: 63/100 What is this?
- Competitors Rank: 1 of 1 Competitors
5. Delos
AI-based insurance platform for homeowners insurance against natural disasters. It offers insurance coverage against wildfire, earthquakes, and floods. It uses public and private data sources to estimate risk. It offers proprietary satellite and aerial imagery technology for risk assessment.
Key facts about Delos
- Founded Year: 2015
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $28.5M
- Investors: IA Capital Group, HSBC and 17 Others
- Latest Funding Round: Series A, Oct 07, 2024, $*****
- Tracxn Score: 63/100 What is this?
- Competitors Rank: 2 of 8 Competitors
