# First Street Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/first-street-technology

- Industry: Software
- Headquarters: New York, US
- Website: www.firststreet.org
- Total disclosed funding: $22M
- Latest round: Series A (Jul 23, 2024)
- Investors on record: 5

## About

Based in New York City, US, and founded in 2016 by CEO Matthew Eby, First Street Technology, Inc. specializes in quantifying the financial impact of climate change, providing crucial data and insights for informed decision-making. In July 2024, First Street Technology, Inc. raised USD 22 million in series A funding led by Innovation Endeavors, with participation from SE Ventures, Congruent Ventures, General Catalyst Partners, and Galvanize Climate Solutions.  

First Street Technology, Inc. sets the benchmark for physical climate risk data by linking climate change to financial risk. The company focuses on peer-reviewed methods to analyze past, current, and future climate risks for properties. As of 2024, It offers insights to individuals, businesses, and governments. In addition, the firm operates as a research and technology provider, specializing in modeling physical climate risks for individual properties, supporting clients make strategic choices regarding property investments, risk management, and climate-resilient planning.

The company generates revenue based on a subscription model and charges USD 36.99 monthly for resident properties in the US.

## Funding rounds

- Series A, Jul 23, 2024, $22M — General Catalyst Partners, Innovation Endeavors, Congruent Ventures, SE Ventures, Galvanize Climate Solutions

## Investors

- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A
- Innovation Endeavors (https://capitalatlas.ai/funds/innovation-endeavors) — Series A
- Congruent Ventures (https://capitalatlas.ai/funds/congruent-ventures) — Series A
- SE Ventures (https://capitalatlas.ai/funds/se-ventures) — Series A
- Galvanize Climate Solutions (https://capitalatlas.ai/funds/galvanize-climate-solutions) — Series A