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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…

By TradedVC Editorial1 min read
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 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
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