Reask
Level 3, 180 George Street, Sydney, New South Wales, 2000, Australia
Overview
Reask applies data science and AI to natural hazard modeling and high-resolution weather risk analytics and forecasting. It delivers proprietary weather modeling algorithms that learn climate physics to produce dynamic, forward-looking representations of atmospheric risk across multiple data sources. The company calculates the severity and frequency of extreme weather events to provide insights for insurers and asset managers seeking more accurate catastrophe forecasting. Early adopters include AXA, Swiss Re and a Big 4 accounting firm. Reask intends to use the new funding to add more hazard coverage and to grow its team internationally. The company is led by CEO Jamie Rodney and is based in Sydney, Australia.
- Total raised
- $5M
- Funding rounds
- 1
- Latest round
- Seed
- Latest activity
- Jun 2023
Industries
- Analytics
- Artificial Intelligence (AI)
- Commercial Insurance
- Information Technology
- Insurance
- InsurTech
- Machine Learning
- Property Insurance
Recent funding
Seed
Jun 2023
$5M