Climate X
Latest round
- Series A
Last raised
- Jun 2024
Total raised
- $25M
Investors
- 14
About Climate X
Founded in 2020, Climate X Ltd is headquartered in London, UK. The company focuses on delivering climate risk analytics and has successfully completed three investment deals.Climate X specializes in advanced climate risk data and analytics, primarily offering two core products: Spectra and Adapt. Spectra provides comprehensive assessments of physical climate risks by translating these into financial loss metrics at both portfolio and asset levels. This enables organizations to quantify the probability and severity of weather events well in advance, facilitating proactive risk management strategies. Adapt is the first-of-its-kind solution that quantifies capital expenditure and return on investment (ROI) for climate adaptation investments, allowing clients to integrate adaptation measures into their investment cycles effectively. The company primarily serves American organizations in the financial services, real estate, and asset management sectors, including Global Systemically Important Banks (G-SIBs) and asset managers with substantial assets under management (AUM).Climate X generates revenue through a subscription-based model for its products, Spectra and Adapt. These offerings are structured as annual licenses, enabling clients to access the software and associated data analytics for ongoing risk assessments and adaptation evaluations. Revenue is primarily derived from partnerships with financial institutions and asset managers who utilize these tools to enhance their climate resilience strategies. For instance, a client might enter into a subscription agreement for Spectra, allowing them to perform short and long-term physical risk assessments. Pricing plans reflect service usage tiers, where clients pay based on the volume of assets and the depth of analytics required. The company is looking to design and launch new products that will enhance their offerings in the climate analytics space. Specific targeted markets for expansion include Europe and Asia, aiming for significant presence in these regions by 2025.
Who invested in Climate X
14 investors across 3 rounds
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Questions about Climate X
Who invested in Climate X?
Climate X has 14 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Climate X raised?
Climate X has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Climate X last raise money?
Climate X's most recent round on record is a Series A, in Jun 2024.
What does Climate X do?
Founded in 2020, Climate X Ltd is headquartered in London, UK.
Where is Climate X headquartered?
Climate X is headquartered in London, UK.
Which VCs invest in companies like Climate X?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Climate X's stage. Their profiles are linked below.
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