The Demex Group (Series A)

Funding Details
Awarder
Inbox
Date Award
September 05, 2024
Vertical
Data and Analytics
Funding URL
View Funding Page
Funding Amount:
$10,250,000

Company Info
Founders
Bill Clark
Company Description
Demex is an independent data and analytics company that partners with reinsurance brokers, insurers, and reinsurers to solve the rising challenge of frequent property losses from secondary perils. Demex models loss accumulation based on weather and claims data, informed by climate research, and provides parametric stop-loss solutions that meet the needs of insurers and reinsurers.
Market
Insurance and Reinsurance
Location
Washington, DC, USA
Coinvestors
Blue Bear Capital, Congruent Ventures, MetaProp NYC, Moxxie

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