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Futureproof Secures $6.5M In Capital And Founds New Insurance Mga

May 05, 2022•about 3 years ago

Amount Raised

$6.5 Million

San Diego

Description

FutureProof Technologies, the climate-smart P&C insurtech, announced that it has raised $6.5 million in capital led by AXIS Digital Ventures with participation from prior investors Innovation Endeavors and MS&AD Ventures. The new funding brings FutureProof’s total capital raised to nearly $10 million.

Company Information

Company

Future Proof

Location

San Diego, California, United States

About

FutureProof's AI-powered projections of asset-level losses from hurricane wind and flood will power a new generation of insurance underwriting. FutureProof will use its climate-smart insurance products to help close the coverage gap and motivate investment in climate adaptation. For more information, visit www.futureprooftech.io.