# Cervest

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cervest

- Industry: Software
- Headquarters: London, UK
- Website: www.cervest.earth
- Total disclosed funding: $33M
- Latest round: Series A (May 20, 2021)
- Investors on record: 6

## About

Cervest Limited specializes in climate risk analytics, offering EarthScan™, a software solution that provides customized analyses of climate-related threats to business assets, enabling informed decision-making and risk management.Cervest Limited, founded in 2016, operates from London, UK, focusing on providing climate risk analytics. The firm has completed a total of 3 deals, with its most recent deal occurring on May 20, 2021. In this period, it raised USD 30 mn in a Series A funding round led by Molten Ventures, alongside investments from Astanor Ventures, Future Positive Capital, Lowercarbon Capital, The Untitled Ventures, and Time Ventures. The company was established to address climate risks facing businesses and has not pivoted from its core mission since inception.Cervest's EarthScan™ offers advanced climate risk analytics and intelligence software designed to deliver customized analyses of climate-related threats to business assets. Using data modeling, machine learning, and climate science, the platform allows users to assess risks like flooding, drought, and extreme temperatures globally. Clients can upload CSV files for asset insights, facilitating informed decision-making in various sectors, including real estate, asset management, retail, and manufacturing, ensuring compliance with regulations such as the CSRD and TCFD/ISSB. The software is deployed internationally, especially in the European Union and the United Kingdom, where reporting on physical climate risks is mandatory.Cervest's revenue model is primarily subscription-based, providing clients access to its climate risk analytics platform. Subscriptions allow clients to analyze multiple assets and generate regulatory reports. The service includes customizable reporting aligned with CSRD, TCFD/ISSB, and EU taxonomy frameworks. The client base, which encompasses investment managers and consulting firms, benefits from value-added services, resulting in ongoing revenue through annual or multi-year contracts, primarily through B2B partnerships.Following the Series A funding round in May 2021, where Cervest raised USD 30 mn, the company plans to aggressively expand into the U.S. and European markets. The funds will support the development of new products and services that enhance its climate risk analytics capabilities. This strategic move aims to capitalize on growing demand in these regions for robust climate risk management solutions.

## Funding rounds

- Series A, May 20, 2021, $30M — Molten Ventures, The Untitled Ventures, Future Positive Capital, Astanor Ventures, Lowercarbon Capital, Time Ventures
- Seed, Jul 23, 2019, $2.8M — Future Positive Capital, Astanor Ventures

## Investors

- Future Positive Capital (https://capitalatlas.ai/funds/future-positive-capital) — Seed, Series A
- Astanor Ventures (https://capitalatlas.ai/funds/astanor-ventures) — Seed, Series A
- Molten Ventures (https://capitalatlas.ai/funds/molten-ventures) — Series A
- The Untitled Ventures — Series A
- Lowercarbon Capital (https://capitalatlas.ai/funds/lowercarbon-capital) — Series A
- Time Ventures (https://capitalatlas.ai/funds/time-ventures) — Series A