Madison based climate insurtech raised $15m in Series A funding led by True Ventures and Prelude Ventures.
“In the audit world, we’re not just helping people with the climate-related risks, although that’s huge. We’ve been able to avoid 10 major incidents and about $3 million of actual losses that would have occurred.”
https://techcrunch.com/2024/06/05/climate-insurance-understory-15m/