Tech Company Financing Transactions
Adaptive Insurance Funding Round
Adaptive Insurance closed a $5 million Seed funding round on 2/26/2025. Investors included Congruent Ventures, Montauk Ventures and Seraphim Space.
Transaction Overview
Company Name
Announced On
2/26/2025
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
Proceeds Purpose
The financing will fuel the nationwide rollout of Adaptive Insurance's parametric insurance products, starting with its flagship product, GridProtect, a short-term power outage insurance product.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
Undisclosed
Austin, TX Undisclosed
USA
Austin, TX Undisclosed
USA
Phone
Website
Email Address
Not Recorded
Overview
When the climate changes, insurance should too; We built Adaptive's parametric insurance platform to power economic resilience for businesses, helping them proactively defend against the growing impact of climate change.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mike Gulla
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