This browser is not actively supported anymore. For the best passle experience, we strongly recommend you upgrade your browser.
| less than a minute read

Adaptive Insurance raises $5m in Seed funding

Austin based parametric insurance startup raised $5m in Seed funding led by Congruent Ventures.

"With the severity of weather extremes, population shifts, regulations, and legacy systems, traditional insurance models simply aren’t agile enough to mitigate the immediate financial shocks that businesses face during increasingly frequent power outages," said CEO Mike Gulla.

Tags

insurance, climate