The Demex Group (Series A)
Funding Details
Awarder
Inbox
Date Award
September 5, 2024
Vertical
Data and Analytics
Funding Amount
$10,250,000
Company Info
Founders
Bill Clark
Market
Insurance and Reinsurance
Location
Washington, DC, USA
Coinvestors
Blue Bear Capital, Congruent Ventures, MetaProp NYC, Moxxie
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.

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