# Adaptive Insurance Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/adaptive-insurance-services

- Industry: Insurance
- Headquarters: Bee Cave, US
- Website: www.adaptiveinsurance.com
- Total disclosed funding: $9.5M
- Latest round: Seed (Jul 7, 2026)
- Investors on record: 7

## About

Adaptive Insurance provides innovative parametric insurance solutions that enhance climate resilience for businesses impacted by weather events, particularly power outages.Adaptive Insurance was founded in 2024 in Austin, US, focusing on parametric insurance solutions. In July 2026, Adaptive Insurance Services, LLC raised USD 5 million in venture funding from IAG Firemark Ventures, Sunna Ventures, Connecticut Innovations, Room & Pillar, Congruent Ventures, and Seraphim Space Manager. The founder's information is not publicly available but indicates a focus on addressing the increasing frequency of climate-related events. Adaptive offers parametric insurance solutions designed to enhance climate resilience for businesses affected by weather-related events, particularly power outages. Their core product allows businesses to specify the duration of power outages that would trigger compensation, which is determined using real-time data sources. The service aims to mitigate financial losses associated with power interruptions that traditional insurance policies do not cover. Adaptive’s clientele includes a diverse range of businesses across various sectors, particularly those susceptible to losses from supply chain disruptions, such as food services and manufacturing. The company's solutions are marketed primarily in the United States, addressing the increasing frequency of weather-related power outages nationwide and providing financial security during such events.Adaptive generates revenue through the sale of its parametric insurance products, structured primarily on a B2B model. Businesses seeking coverage enter agreements that define the parameters of coverage, including the duration of outages that will trigger payout. Payments are made to clients based on the duration of the outage confirmed through Adaptive's data sources, enabling rapid financial relief often within days. The transaction structure focuses on customized policies tailored to the specific needs of each client, ensuring they receive adequate compensation for operational recovery. While specific pricing details for their services are not disclosed, Adaptive's unique offerings are designed to cater to the growing demand for innovative insurance solutions in the face of climate-related risks. The company plans to utilize the July 2026 funding to develop and distribute climate-risk products, expand its specialty portfolio, grow its partner network, and enhance its climate intelligence platform.

## Funding rounds

- Seed, Jul 7, 2026, $5M — Connecticut Innovations, Seraphim Space Manager, Congruent Ventures, IAG Firemark Ventures, Sunna Ventures, Room & Pillar
- Seed, Feb 7, 2025, $4.5M — Seraphim Space Manager, Congruent Ventures, Montauk Climate

## Investors

- Seraphim Space Manager (https://capitalatlas.ai/funds/seraphim-space-manager) — Seed
- Congruent Ventures (https://capitalatlas.ai/funds/congruent-ventures) — Seed
- Montauk Climate (https://capitalatlas.ai/funds/montauk-climate) — Seed
- Connecticut Innovations (https://capitalatlas.ai/funds/connecticut-innovations) — Seed
- IAG Firemark Ventures (https://capitalatlas.ai/funds/iag-firemark-ventures) — Seed
- Sunna Ventures (https://capitalatlas.ai/funds/sunna-ventures) — Seed
- Room & Pillar — Seed