Tech Company Financing Transactions
FutureProof Funding Round
On 5/9/2022, FutureProof announced $6.5 million in funding from Axis Capital Partners, Innovation Endeavors and MS&AD Ventures.
Transaction Overview
Company Name
Announced On
5/9/2022
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Undisclosed
Investors
Proceeds Purpose
This capital raise enables us to add top underwriting, portfolio risk management, and engineering talent as we launch FutureProof's digital MGA later this year.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
Undisclosed
San Diego, CA 92119
USA
San Diego, CA 92119
USA
Phone
Undisclosed
Website
Email Address
Overview
FutureProof's AI-driven proprietary model shows a 2x discrepancy in flood and hurricane loss ratios for neighboring properties in Miami, due to location, structure characteristics, and data derived from novel sources.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alisa Valderrama
Chief Technical Officer
Mark Allen
Co-Founder
Alex Gelber
Co-Founder
Ashby Monk
Co-Founder
Fid Norton
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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