Funding Details
- Awarder
- Inbox
- Date Award
- February 26, 2025
- Vertical
- Insurance
- Funding URL
- View Funding Page
Company Info
- Traction
- The company is rolling out its parametric insurance products nationwide, starting with GridProtect, addressing a significant market need as outages cost American businesses an estimated $150 billion annually.
- Founders
- Mike Gulla
- Company Description
- Adaptive Insurance is a climate-based parametric insurer that provides innovative insurance solutions to businesses affected by short-duration power outages, leveraging AI and real-time climate data for rapid claims processing.
- Market
- Businesses affected by power outages
- Location
-
Texas,
United States
- Coinvestors
- Montauk Climate, Seraphim Space
Links