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

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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.
  • 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.