Previsico delivers a live flood-alert platform that combines real-time weather feeds, on-the-ground IoT devices, and proprietary flood-modelling algorithms to warn insurers, businesses, and public agencies of imminent flooding. By giving actionable, street-level forecasts, the company helps customers mitigate damage and reduce loss ratios, a growing need as pluvial flood losses are projected to reach $850 billion annually by 2050. The platform is already gaining traction with clients in the insurance, construction, and utility sectors. With fresh Series A capital, Previsico plans to accelerate product innovation, deepen its footprint in the UK and US, and expand into emerging markets where protection gaps are greatest. Investors are positioning the company as a critical enabler of climate-risk adaptation, particularly in regions lacking local flood-forecasting infrastructure. Although financial details such as revenue or user numbers were not disclosed, the new funding underscores market confidence in Previsico’s technology and scalability.

Total raised

$5M

Funding rounds

3

Latest round

Equity

Latest activity

Oct 2023