Floodbase

New York, United States Founded: 2015 • Age: 11 yrs
Parametric flood insurance solutions are offered using advanced mapping technology.
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About Floodbase

Floodbase is a company based in New York (United States) founded in 2015 by Beth Tellman and Bessie Schwarz.. Floodbase has raised $17 million across 3 funding rounds from investors including Floating Point, Vidavo and Ecosystem Integrity Fund. Floodbase offers products and services including Flood Intelligence Platform and Parametric Flood Insurance. Floodbase operates in a competitive market with competitors including ReThought Insurance, CollectiveCrunch, 2NDNATURE and NEOS GeoSolutions, among others.

  • Headquarter New York, United States
  • Founders Beth Tellman, Bessie Schwarz
  • Sectors
    Technology
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cloud To Street, Pbc
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $17 M (USD)

    in 3 rounds

  • Latest Funding Round
    $5 M (USD), Series A

    Feb 06, 2025

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Floodbase

Floodbase offers a comprehensive portfolio of products and services, including Flood Intelligence Platform and Parametric Flood Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

AI platform for monitoring floods and enabling insurance payouts

Solution for quick payouts based on flood events

People of Floodbase
Headcount 10-50
Employee Profiles 14
Employee Profiles
People
Cole Erickson
Staff Software Engineer
People
Bessie Schwarz
Co-founder & CEO
People
Rohan Srinivasan
Head Of Operations
People
Beth Tellman, PhD
Co-Founder and Chief Scientist

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Funding Insights of Floodbase

Floodbase has successfully raised a total of $17M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series A — $5.0M
  • First Round
  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2025 Amount Series A - Floodbase Valuation Ecosystem Integrity Fund
Jan, 2023 Amount Series A - Floodbase Valuation Lowercarbon Capital
Jun, 2018 Amount Seed - Floodbase Valuation Imagine H2O
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Floodbase

Floodbase has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Floating Point, Vidavo and Ecosystem Integrity Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital is provided to early-stage startups by this fund.
Founded Year Domain Location
A venture capital fund focused on climate tech investments.
Founded Year Domain Location
Venture capital fund focused on tech startups
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Floodbase

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Floodbase

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Floodbase Comparisons

Employees
+
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Competitors of Floodbase

Floodbase operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ReThought Insurance, CollectiveCrunch, 2NDNATURE and NEOS GeoSolutions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Commercial flood insurance options are compared via an online platform.
domain founded_year HQ Location
Predictive modeling for climate data is developed using sensor networks.
domain founded_year HQ Location
Cloud-based stormwater management platform is provided for urban infrastructure.
domain founded_year HQ Location
Analyzes geological and geophysical data for 3D earth modeling solutions.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Floodbase

USA Floodbase Raises $5M in Funding
Finsmes11 months ago
Insurtech company Floodbase garners $5m investment
Lifeinsuranceinternational11 months ago

Frequently Asked Questions about Floodbase

When was Floodbase founded?

Floodbase was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Where is Floodbase located?

Floodbase is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of Floodbase?

Bessie Schwarz is the current CEO of Floodbase. They have also founded this company.

Is Floodbase a funded company?

Floodbase is a funded company, having raised a total of $17M across 3 funding rounds to date.

What does Floodbase do?

Floodbase was founded in 2015 in New York, United States, within the insurance sector. Parametric flood insurance is provided through an end-to-end platform that addresses previously uncovered risks. Advanced flood mapping technology is employed to broaden addressable markets and enable payouts triggered by flood magnitude. Coverage extends to business interruption, crop and land losses, and disaster response, with policies structured flexibly for rapid settlements.

Who are the top competitors of Floodbase?

Floodbase's top competitors include ReThought Insurance, CollectiveCrunch and 2NDNATURE.

What products or services does Floodbase offer?

Floodbase offers Flood Intelligence Platform and Parametric Flood Insurance.

Who are Floodbase's investors?

Floodbase has 7 investors. Key investors include Floating Point, Vidavo, Ecosystem Integrity Fund, Pulse Fund, and Lowercarbon Capital.

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