Adaptive Insurance is building an AI-driven platform that helps U.S. businesses create resilience against climate and weather-events, starting with its suite of parametric insurance products. Adaptive recognizes that increasing weather events, bigger gaps left by traditional insurance, and an aging infrastructure leave consumers paying the price. It addresses the growing demand for solutions by using the simplicity of parametric insurance - verified data-driven trigger events, agreed-upon payment amounts, and quick payouts - to help create a safety net against the unpredictable events that impact businesses.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 02/25/25 | $5,000,000 | Seed |
Congruent Ventures Generation Space Montauk Climate | undisclosed |
