Tech Company Financing Transactions
Floodbase Funding Round
Floodbase closed a $5 million funding round on 2/25/2025. Investors included Ecosystem Integrity Fund and Pulse Fund.
Transaction Overview
Company Name
Announced On
2/25/2025
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Ecosystem Integrity Fund (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate the development of its flood insurance programs.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
1 Dock 72 Way, Floor 7
Brooklyn, NY 11205
USA
Brooklyn, NY 11205
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of a remote sensing platform designed to track floods in real-time. The company's platform uses satellites and artificial intelligence to directly observe floods without ground equipment, algorithms to smooth out difficult terrain and eliminate clouds to see the floods below, monitors people and assets at risk, pinpoints blocked roads, and measures the amount of property and agricultural damage, enabling catastrophe insurers, communities and watershed managers to understand their risk and prepare and respond to the next flood.
Management Team
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