Swiss Re Liberty Mutual Re And AXA Climate Acquire Floodbase From Bessie Schwarz
Floodbase , a NYC-based provider of a parametric flood insurance platform, raised $5M in funding led by Ecosystem Integrity Fund (EIF) with participation from Pulse Fund. Led by CEO Bessie Schwarz , Floodbase enables…
Floodbase, a NYC-based provider of a parametric flood insurance platform, raised $5M in funding led by Ecosystem Integrity Fund (EIF) with participation from Pulse Fund. Led by CEO Bessie Schwarz, Floodbase enables re/insurers like Swiss Re, Liberty Mutual Re, and AXA Climate to cover corporate and public sector clients against previously uninsurable flood risks. The funding will accelerate the development of its flood insurance programs.
INVESTORS: Ecosystem Integrity Fund (EIF) & Pulse Fund
AMOUNT: $5,000,000
HQ: #NewYork #NY #NewYorkCity #NYC
#VentureCapital #Floodbase #EcosystemIntegrityFund #EIF #PulseFund #BessieSchwarz #TradedVC
ABOUT THE DEAL
- Round
- Not stated
- Company
- Swiss Re Liberty Mutual Re And AXA Climate Acquire Floodbase From Bessie Schwarz
- Desk
- Deals
- Filed
- Mar 3, 2025
- Investors
- Ecosystem Integrity Fund (EIF)
- Pulse Fund