I’ve started a running list of startups out there in the space of resilience tech. Let’s see what bubbles up …
Noting on an index of ventures that disaster category reveals 300 or so, and resilience category reveals 600 or so. I wonder what it is for “risk” …
2010
Planet Labs was founded in 2010. List of other satellite imaging companies is here.
2018
In April 2018, a major storm hit Ontario, bringing torrential rain, an inch of ice and wind gusts up to 60 miles an hour. More than half a million people lost power. Within four days, Hydro One —Ontario’s largest distribution utility—restored power to its customers’ homes and businesses. By contrast, after a major storm in 2016, it took six days to restore power.
—WSJ https://www.wsj.com/articles/ai-helps-cities-predict-natural-disasters-1530065100 “AI Helps Cities Predict Natural Disasters: New tools aim to forecast storm and earthquake damage, improving emergency response” notes MyCoast crowdsourced app in Scotland (2018)
California-based Upstream Tech uses satellite data and machine learning to show if a conservation project is delivering results. / Jupiter Intel’s models, satellite data and sensors help community planners, developers and city officials anticipate challenges such as sea level rise, erosion and impermeable pavement. / Coastal Risk Consulting is providing Florida property owners with actionable intelligence about flood risks. / A small Virginia company, Green Stream, is specializing in low-cost flood sensor networks that use ultrasound to track water levels in real time.
—Shannon Cunniff on climate resilience startups https://www.greenbiz.com/article/4-tech-startups-are-fighting-coastal-climate-resilience-and-winning
2019
 In 2018, The European Forest Fire Information System (EFFIS), reported that wildfires have heavily affected Sweden, UK, Ireland, Finland and Latvia; countries in which wildfires have not been a concern in past years. Similarly, flooding has been occurring in places where it was not observed before such as regions around the Dead Sea in Jordan.”
—Maricel Sanchez https://www.eu-startups.com/2019/10/10-european-startups-tackling-natural-disasters-and-other-emergencies/
- Tractable (AI that predicts repair costs)
- I-React (funded by the EC to crowdsource disaster info)
- Serinus (smart event comms platform)
- Tenevia (image sensors monitor water levels)
- Orora Technologies (sends nanosatellites into space)
- Tsar AI by Opt/Net BV (uses geospatial data to gather info for emergency and disaster teams)
- World form Space (drought and vegetation monitoring)
- Tesselo (satellite imagery for actionable spatial intelligence)
2020
… disaster and emergency-related companies have quadrupled since 2016 to more than $210 million last year.”
“Silicon Valley is making disaster preparedness a brand” by Michael J. Coren via Quartz examples cited One Concern, RapidSOS, Redfora (acq by Ethos Preparedness), Judy (raised $5M). Apps: Citizen, Harbor (fmr Headspace), and apps by FEMA and Red Cross https://qz.com/1914179/silicon-valley-startups-are-making-disaster-preparedness-a-brand/
2021
No quote here.”
List from startupill.com https://startupill.com/81-of-the-best-risk-management-startups-to-watch-out-for-in-2021/
Physical Risk
- Disaster Tech
- Previsico
- Safe-esteem
- Teemware
Digital Risk
- 6clicks
- cyble
- denexus
- aware7
- ByteChek
- VISO trust
- inspektre
- fraction consulting
- Risk Trade
Reputation/Identity
- spectrust
Insurtech
- descartes underwriting
- Atlas InsurTech
- certificial
GRC
- vcomply
- omnistruct
- tauruseer
- mirato
- onbord
- grath
- Zebra Software Ltd
- 3rdRisk
- Redwood Risk Management Solutions (RMaaS)
- licens.io
- Fukusuke
Supply Chain
- Contingent
- Linkana
ESG
- esganalytics.ai
- Reem Takaful
AgTech
- Concept Dairy
Financial Risk (there are many)
- Amlyze
- Riskmetrics
- Anility
- …
ESG 2021
Fresh from a $10M round, Plan A launches SaaS tool for ESG reporting aimed at startups/VCs
—TC on ESG startup Plan A