
Mitigrate
SaaS able to provide clear insight on physical climate risk and provide concrete adaptive actions automatically.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
investor | €0.0 | round | |
investor | €0.0 | round | |
* | N/A | Early VC | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Mitigrate is a startup operating in the InsurTech sector, providing a Software as a Service (SaaS) platform that focuses on loss prevention for real estate properties. The company's primary goal is to mitigate climate damage risks to both commercial and residential properties. Mitigrate's innovative platform generates automated analyses that lead to prioritized, cost-effective measures for reducing potential damages caused by climate-related events, such as floods.
The company's target market includes insurance companies and property owners who are looking to close the insurance gap and improve the resilience of their portfolios. By using Mitigrate's platform, clients can identify areas of high risk and implement preventive strategies at scale. This not only helps to protect their properties but also improves customer satisfaction by avoiding claims.
Mitigrate's business model is based on a SaaS model, which means customers pay a subscription fee to access the platform. The platform provides tangible and specific loss prevention measures, allowing clients to see their current risks, choose their level of exposure, and check their adaptation pack. This automated approach to loss prevention helps clients to "build back better" after a disaster, focusing on areas of high loss concentration.
In essence, Mitigrate is a proactive solution in the InsurTech space, helping clients to mitigate the risks associated with climate change and natural disasters. It offers a unique blend of technology and insurance, providing a much-needed service in an era of increasing climate uncertainty.
Keywords: InsurTech, SaaS, Climate Damage, Loss Prevention, Real Estate, Insurance Gap, Portfolio Resilience, Automated Analysis, Risk Mitigation, Climate Change.