Faura uses climate and property analytics to provide insurers with risk assessments and actionable retrofit recommendations tied directly to insurance policies. The company integrates with insurance policies and offers incentives for homeowners, translating a self-inspection model into immediate guidance on home preparedness. Faura is working with insurers on wildfire and wind-related risk and delivers assessments that tie into the policies of hundreds of homeowners. Completion of its $500k round will allow the company to serve more homeowners and integrate additional underwriters into a comprehensive solution. Faura was accepted into the Metaprop Accelerator in New York City and will work with senior proptech angel investors and executors to accelerate growth. The company’s stated goal is to give underwriters better data to understand portfolio risk and to make retrofit programs lower-friction and more valuable for homeowners.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2024