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Floodbase
Floodbase
Making parametric flood insurance possible.
About
Founded
2021
Headquarters
Brooklyn, New York
Industry
Climate, Insurance
Company Description
Floodbase is an end-to-end flood data solution for designing and triggering global parametric flood coverage.
Quick Links
Website
Jobs
Funding
Total Raised
$12 million
Valuation
Undisclosed
Significant Investors
Lowercarbon Capital, Collaborative Fund, Floating Point, Vidavo
Company Traction
As of June 2023, Floodbase’s data has insured
30 million+
new people.
As of January 2023, Floodbase’s data is powered by
15
satellites, machine learning, and on-the-ground data.
Leadership Team
Bessie Schwarz
: Co-Founder & CEO of Floodbase. Former Field Director at Environment Colorado.
Beth Tellman
: Co-Founder & Chief Science Officer of Floodbase. Former Postdoctoral Researcher at Columbia University.
Annbjørg Medhaug
: VP of Product at Floodbase. Former VP of Product at Piano.
Subit Chakrabarti
: VP of Technology at Floodbase. Former Team Lead, Remote Sensing and Geoscience at Indigo.
Bridget Hickey
: Director of Marketing at Floodbase. Former Head of Brand Marketing at Mercury.
Press
Reinsurance News (June 8, 2023):
Parametric solutions can shrink flood insurance protection gap: Floodbase
Digital Insurance (March 8, 2023):
FEMA selects Floodbase for flood data, insurtech partners
FinSMEs (January 27, 2023):
Floodbase Raises $12M in Series A funding
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