Risilience
50-60 Station Road, Cambridge, Cambridgeshire, CB1 2JH, United Kingdom
Overview
Risilience offers a SaaS analytics platform and "digital twin" technology that connects companies' internal systems to visualize and stress-test climate and transition risks, including extreme weather, regulatory change, litigation and customer sentiment. The product is designed to turn data into actionable insights for accurate disclosure and to support net-zero transition planning that updates as risks evolve. The company was spun out of the University of Cambridge’s Centre for Risk Studies in 2021 and already counts Nestlé, Maersk, EasyJet, Burberry and Tesco among its enterprise customers. Financially, Risilience has raised a $26M Series B and previously raised £6M ($7.4M) in a 2021 Series A. The new funding will be used to drive international growth, with a particular focus on expanding in the U.S. market. Risilience is a Cambridge, UK-based climate change business platform provider offering an analytics and SaaS platform for corporate customers to assess climate change risks and manage their transformation to reach net zero emissions. Its company-specific analysis delivers detailed, quantified results to support strategic decision making and business planning while balancing investment requirements. Over the past two years Risilience has served clients including Nestlé, Burberry, Reckitt, easyJet, Maersk, Informa, Abrdn, and AXA XL. The company is led by CEO Dr Andrew Coburn; its founders include Professor Danny Ralph (Chairman), Dr Michelle Tuveson (Chief Client Officer), and Simon Ruffle (Chief Product Officer). Risilience raised £6M in a Series A and intends to use the funds to develop its platform.
- Total raised
- $34M
- Funding rounds
- 2
- Latest round
- Series B
- Latest activity
- Feb 2023
Industries
- Analytics
- InsurTech
- Risk Management
- SaaS
- Software
Recent funding
Series B
Feb 2023
$26M
Series A
Oct 2021
$8M