About FutureProof
FutureProof is a company based in San Diego (United States) founded in 2019 by Alex Gelber, Alisa Valderrama, and Mark Allen.. FutureProof has raised $9.5 million across 3 funding rounds from investors including AXIS Capital, Innovation Endeavors and MS&AD Ventures. FutureProof has completed 1 acquisition, including Terrafuse. FutureProof offers products and services including AI Pricing Platform. FutureProof operates in a competitive market with competitors including Sedgwick, Encompass, Moody's Analytics, Munich Re and iManage, among others.
- Headquarter San Diego, United States
- Founders Alex Gelber, Alisa Valderrama, Mark Allen
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Sectors
Financial ServicesTechnology
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Phone
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Website
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Social
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- Legal Name Futureproof Technologies, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.5 M (USD)
in 3 rounds
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Latest Funding Round
$6.5 M (USD), Series A
May 05, 2022
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Investors
AXIS Capital
& 4 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of FutureProof
FutureProof offers a comprehensive portfolio of products and services, including AI Pricing Platform. 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.
AI tool for granular insurance pricing and real-time quotes in disasters.
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Funding Insights of FutureProof
FutureProof has successfully raised a total of $9.5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.5 million completed in May 2022. 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 Funding
- Total Rounds 3
- Last Round Series A — $6.5M
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First Round
First Round
(29 Jun 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series A - FutureProof | Valuation | AXIS Capital | |
| Apr, 2022 | Amount | Seed - FutureProof | Valuation | RWT Horizons |
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| Jun, 2021 | Amount | Seed - FutureProof | Valuation | Innovation Endeavors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FutureProof
FutureProof has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include AXIS Capital, Innovation Endeavors and MS&AD Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage technology investments are targeted by this venture capital firm.
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Venture capital firm focused on seed to series B stage companies
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by FutureProof
FutureProof has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Terrafuse. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of AI-powered climate risk modeling solutions. It uses machine learning and vast earth observation data to generate hyperlocal climate risk scores. These scores help organizations assess and mitigate climate-related risks, improving decision-making accuracy across various sectors. The models consider numerous environmental factors to predict the likelihood of climate-induced damage. Risk scores are delivered via API integration for seamless incorporation into existing systems.
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - FutureProof
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Futureproof Comparisons
Competitors of FutureProof
FutureProof 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 Sedgwick, Encompass, Moody's Analytics, Munich Re and iManage, 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 |
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| domain | founded_year | HQ Location |
Claims administration, loss adjusting, and benefits management services are provided.
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| domain | founded_year | HQ Location |
Corporate Digital Identity and KYC solutions are provided by Encompass.
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| domain | founded_year | HQ Location |
Risk management software is supplied for insurance and various sectors.
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| domain | founded_year | HQ Location |
Platform offering insurance risk management solutions
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| domain | founded_year | HQ Location |
Cloud-based document and risk management software is offered for enterprises.
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| domain | founded_year | HQ Location |
Provider of AI solutions for insurance underwriting, claims, and risk
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Futureproof
Frequently Asked Questions about FutureProof
When was FutureProof founded?
FutureProof was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is FutureProof located?
FutureProof is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Who is the current CEO of FutureProof?
Alisa Valderrama is the current CEO of FutureProof. They have also founded this company.
Is FutureProof a funded company?
FutureProof is a funded company, having raised a total of $9.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Jun 29, 2021.
What does FutureProof do?
FutureProof was founded in 2019 in San Diego, United States, within the climate technology sector. An online platform is operated to provide analytics on climate risks for institutional users, particularly insurance firms. AI is employed to forecast asset-specific losses from climate change in quantifiable dollar terms. Services include data downloads, visualizations, and automated reports, supporting risk assessments for underwriting and pricing amid evolving environmental threats.
Who are the top competitors of FutureProof?
FutureProof's top competitors include Sedgwick, Encompass and Ideal Insurance Brokers.
What products or services does FutureProof offer?
FutureProof offers AI Pricing Platform.
How many acquisitions has FutureProof made?
FutureProof has made 1 acquisition, including Terrafuse.
Who are FutureProof's investors?
FutureProof has 5 investors. Key investors include AXIS Capital, Innovation Endeavors, MS&AD Ventures, RWT Horizons, and Blackhorn Ventures.