Previsico

InsuranceSeries ALoughborough, UKprevisico.com

Latest round

Series A

Last raised

Dec 2024

Total raised

$9.2M

Investors

5

About Previsico

Previsico Limited, founded in 2019 in Loughborough, UK, provides innovative flood forecasting solutions. Previsico's primary offering is the Flood Intel Platform, a sophisticated flood forecasting and monitoring solution designed to anticipate and mitigate flood risks. The platform integrates advanced technologies for hydrological monitoring and real-time risk assessments, enabling users to prepare for, respond to, and prevent flood impacts. It addresses critical flooding issues, such as surface water, smaller streams, and drainage systems, which often lack adequate flood alerts. This service is particularly valuable to a diverse clientele, including insurance companies, property management firms, construction companies, water utilities, and public sector organizations.Previsico's revenue model is structured around subscription-based services and partnerships with various industries, such as insurance, construction, and water utilities. Clients typically engage with the company through annual contracts that grant access to the Flood Intel Platform and its suite of forecasting and monitoring tools. As a B2B service provider, Previsico collaborates with organizations to tailor solutions that meet their unique flood risk management needs. The company highlights the economic benefits of its services, noting a typical 10x return on investment for large asset owners, indicating a strong value proposition in their pricing structure. Specific pricing details for services are defined within these contracts, emphasizing the platform's role in minimizing the financial impacts associated with flooding.

Who invested in Previsico

5 investors across 2 rounds

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Funding rounds

  1. Series A

    Dec 27, 2024

    Amount

    $6.8M

    Investors

    Locked

  2. Seed

    Aug 24, 2021

    Amount

    $2.4M

    Investors

    Locked

Questions about Previsico

Who invested in Previsico?

Previsico has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Previsico raised?

Previsico has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Previsico last raise money?

Previsico's most recent round on record is a Series A, in Dec 2024.

What does Previsico do?

Previsico Limited, founded in 2019 in Loughborough, UK, provides innovative flood forecasting solutions.

Where is Previsico headquartered?

Previsico is headquartered in Loughborough, UK.

Which VCs invest in companies like Previsico?

Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back insurance companies at Previsico's stage. Their profiles are linked below.

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