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