Floodbase

What Floodbase does

Floodbase is a New York-based climate adaptation technology company that operates an AI-driven Flood Intelligence Platform fusing seventeen observational sources — satellite imagery, water and rain gauges, and hydrologic models such as the U.S. National Water Model — with deep learning to produce continuous, near real-time flood extent and severity mapping across more than 40 countries. The platform underwrites the company's scientific credibility (including a 2021 Nature cover publication) and is the technical foundation for three productized modules: Flood Data Response (near real-time event mapping for humanitarian and emergency response), Risk Analysis (underwriting and portfolio analytics for re/insurers and capital markets), and Emergency Disaster Response (situational awareness for governments and humanitarian agencies). Layered on top are the Floodbase Quote API — which returns location-specific parametric flood indices with 2- to 150-year return-period calibration — the FloodView stakeholder monitoring application, and the Storm Surge parametric product co-developed with Aon and Swiss Re Corporate Solutions.

Floodbase serves three primary customer segments: insurance (re/insurers, MGAs, and brokers using the platform to design, price, and monitor parametric and traditional flood products); government and humanitarian organizations (FEMA, UN agencies, WFP country offices, USAID, municipalities) using the platform for situational awareness, disaster response, and risk financing; and end insureds (municipalities, golf courses, agricultural operators, cannabis operators, coastal corporates, and smallholder farmers in emerging markets) reached through broker and intermediary channels. Revenue is generated through multi-year platform subscriptions to re/insurers and public-sector clients, per-event data licensing, usage-based API access (most visibly embedded in Liberty Mutual's U.S. commercial pricing engine), and managed-services economics tied to parametric program design and reporting. Distribution combines direct enterprise sales with channel partners — including Amwins, Alliant, Howden, and Yokahu's cat-risk.com exchange — and a growing self-serve/API-first motion. As of early 2026, Floodbase had facilitated more than 9,000 flood insurance policies, supported Europe's largest parametric flood cover (a €180M, three-year program for CEI Italy), and monitored 506,000 square miles across nine U.S. states for FEMA during the 2024 hurricane season.

Name

Floodbase

Legal name

Floodbase

Website

https://floodbase.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Floodbase operates an AI-driven Flood Intelligence Platform that fuses satellite imagery, ground sensors, and hydrologic models to enable parametric flood insurance and disaster response for re/insurers, brokers, governments, and humanitarian organizations across 40+ countries.

Ownership category

akta.pro rank

Product category

Flood Risk Analytics & Parametric Insurance Software

NAICS

Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Water Supply and Irrigation Systems (22131)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Flood Risk Modeling, Mapping & Forecasting (Hydrology/Hydraulics, Digital Twins) (EUANAEAH)

akta.pro secondary industries

Real-Time Monitoring & Smart Stormwater (Sensors, SCADA/IoT, RTC) (EUANAEAK), Water Quality & Watershed/Hydrologic Modeling (SWMM/HEC-RAS, Flood/Runoff/Nutrient) (EUAHAKAF)

Keywords

• Parametric flood insurance
• Flood risk analytics
• Satellite flood mapping
• Climate risk data
• Geospatial analytics

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Platform access and data licensing to re/insurers, MGAs, and public sector: Recurring platform licensing of the Floodbase Flood Intelligence Platform to re/insurers, MGAs, governments, and humanitarian organizations for risk analysis, parametric product design, and ongoing monitoring; underlying basis of Floodbase's revenue model.
2. On-demand flood event data licensing: Per-event licensing of next-generation flood event datasets to insurers, governments, responders, and media, with registration via the flood-response portal.
3. API-based pricing and quoting infrastructure: Quote API consumption by (re)insurers and MGAs to embed parametric flood into their own quoting and rating workflows, with structured flood index assets and historical return-period data delivered per call.
4. Parametric insurance program design and data-as-a-service: Floodbase acts as a data provider and reporting agent for parametric flood programs, partnering with re/insurers to design, underwrite, and monitor policies; revenue is tied to program enablement and ongoing data/reporting services.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels9 records

Core offering

Floodbase builds and operates an AI-driven Flood Intelligence Platform that fuses satellite imagery, water and rain gauges, hydrological models, and machine learning to produce continuous, near real-time flood extent and severity maps in over 40 countries. Built on this core platform are the Floodbase Quote API (delivering location-specific parametric flood indices), the FloodView stakeholder monitoring application, and a parametric Storm Surge product for coastal corporates. The platform powers parametric flood insurance programs, government disaster response, and risk analytics for re/insurers, MGAs, brokers, and humanitarian organizations.

Product overview

Floodbase offers a unified Flood Intelligence Platform architecture with multiple modules and capabilities sold to insurers, reinsurers, governments, and humanitarian organizations. The core Flood Intelligence Platform is composed of three modules — Flood Data Response (near real-time mapping of major flood events), Risk Analysis (underwriting and portfolio analytics), and Emergency Disaster Response (rapid situational awareness for governments and humanitarian groups). On top of this core platform, Floodbase ships several productized offerings: the Floodbase Quote API (a partner-facing API that returns real-time, location-specific parametric flood indices with historical performance and calibrated 2- to 150-year return-period values, powering integrations such as the one with Liberty Mutual's pricing engine and distribution through Yokahu's cat-risk.com exchange), Floodbase Storm Surge (a parametric storm surge solution for coastal corporates co-developed with Aon and Swiss Re Corporate Solutions), the FloodView application (used to operationalize Floodbase data for partners like Generali and Howden), and Continuous Flood Mapping (a next-generation AI-driven capability that delivers near real-time, continuous flood intelligence).

Differentiator

Problem solved

Functional benefit

Products and services

• Flood Intelligence Platform Core cloud-based platform that transforms passive Earth observation data into continuous AI-powered flood intelligence, comprising daily flood monitoring, near real-time mapping of ongoing events, and improved forecasting data for insurers, governments, and humanitarian organizations. Sold to re/insurers, MGAs, governments, and humanitarian organizations as a subscription/contract offering.
• Floodbase Quote API Partner-facing API that returns real-time, location-specific parametric flood indices along with historical performance (daily or annual maxima going back decades) and calibrated return-period values spanning 2- to 150-year events. Enables (re)insurers and MGAs to embed parametric flood into automated quoting workflows; powers the Liberty Mutual integration and Yokahu cat-risk.com distribution.
• Floodbase Storm Surge Parametric insurance solution for coastal corporates covering storm surge and tropical cyclones, developed in collaboration with Aon and Swiss Re Corporate Solutions and built on Floodbase's parametric flood intelligence.
• FloodView Web application that provides insureds and stakeholders with information about ongoing and forecasted flood risk, enabling real-time monitoring of how a flood event expands across predefined trigger thresholds. Used operationally by partners such as Generali and Howden to support transparent policy monitoring and rapid, auditable payout triggers.
• On-Demand Flood Event Data Licensing Per-event licensing of next-generation flood event datasets across the continental U.S., delivered within days of events via the flood-response portal. Sold to insurers, governments, responders, and media on a transaction/take-rate basis.

Quantifiable outcome

• 70% of global locations left vulnerable by traditional flood maps can now be monitored
• +6 more outcomes

Named customers22 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability8 records

Feature6 records

Partnerships

16 partnerships are on record, tiered flagship commercial partner for u.s. parametric flood quoting, core commercial partner for u.s. parametric flood distribution, flagship commercial partner for u.s. storm surge parametric product, flagship reinsurance partner, core reinsurance partner, flagship commercial partner in europe, flagship wholesale broker partner, core broker partner for municipal parametric policies, core broker for european parametric flood program, core implementation partner for community-based flood insurance, core insurance partner for african markets, core risk capacity partner for african programs, flagship government partner, core humanitarian partner, major media data partner and operational tool.

• Liberty Mutualflagship commercial partner for u.s. parametric flood quotingStrategic or Co-development PartnerCo-developed and launched (Feb 2026) the instant quoting application for parametric flood (re)insurance in the U.S. commercial market, powered by Floodbase's new Quote API and Liberty Mutual's pricing engine — enabling brokers to price large-area parametric flood covers in minutes.
• Yokahucore commercial partner for u.s. parametric flood distributionStrategic or Co-development PartnerPartnership (announced April 2025) to offer automated parametric flood policies for New Orleans businesses through Yokahu's cat-risk.com exchange, backed by an A+ AM Best rated carrier, covering business interruption, revenue loss, cleanups, repairs, and temporary facilities.
• Aonflagship commercial partner for u.s. storm surge parametric productStrategic or Co-development PartnerCo-developed (with Floodbase and Swiss Re Corporate Solutions) and launched (Feb 2025) a parametric insurance solution addressing U.S. hurricane-related storm surge losses, designed to function as standalone or alongside traditional covers.
• Swiss Re Corporate Solutionsflagship reinsurance partnerStrategic or Co-development PartnerCo-developed the Aon/Floodbase/Swiss Re U.S. storm surge parametric product (Feb 2025) and is a preferred re/insurance partner for Floodbase. Reinsurer of CEI's €180M parametric flood cover in Italy (alongside Munich Re).
• Munich Re Groupcore reinsurance partnerStrategic or Co-development PartnerReinsurance partner for Floodbase-enabled parametric flood programs, including the CEI €180M Italian portfolio alongside Swiss Re, and a long-standing collaborator on parametric flood insurance products.
• Generaliflagship commercial partner in europeStrategic or Co-development PartnerStructured (with Floodbase, Swiss Re and Munich Re) CEI's nationwide parametric flood coverage in Italy — Europe's largest parametric flood cover at €180M limit over three years, covering 25,000+ church buildings.
• Amwins Groupflagship wholesale broker partnerChannel Partner/ Reseller/ DistributorWholesale broker and distribution partner for Floodbase-enabled parametric flood products. Alex Kaplan (EVP Alternative Risk) publicly endorses Floodbase. Co-brokered Fremont's citywide parametric policy.
• Alliant Insurance Servicescore broker partner for municipal parametric policiesChannel Partner/ Reseller/ DistributorRetail broker for the City of Fremont's citywide parametric flood insurance policy. Rob Lowe (Alliant) cited as seeing significant interest in parametric insurance among public entities.
• Howdencore broker for european parametric flood programChannel Partner/ Reseller/ DistributorBroker for CEI's €180M parametric flood cover in Italy, the largest parametric flood program in Europe.
• Raincoatcore implementation partner for community-based flood insuranceStrategic or Co-development PartnerPartner with Floodbase on the RISE Riverine Community Resilience Challenge, designing community-based flood insurance programs in southwest Virginia that combine Floodbase's deep learning flood monitoring with Raincoat's parametric insurance solution.
• ARC Ltd. (African Risk Capacity Limited)core insurance partner for african marketsStrategic or Co-development PartnerUnderwriting, capacity building, and local distribution partner for parametric flood programs in Mozambique and Malawi. Brings deep African distribution expertise.
• Global Parametrics (CelsiusPro Group)core risk capacity partner for african programsStrategic or Co-development PartnerUnderwriting and risk capacity partner (via the Natural Disaster Fund) for parametric flood programs in Mozambique and Malawi. Strengthens climate resilience for vulnerable communities.
• FEMA (Federal Emergency Management Agency)flagship government partnerStrategic or Co-development PartnerSelected by DHS to deliver a national, near real-time flood intelligence system. Floodbase provides daily monitoring, near real-time mapping, and improved forecasting for FEMA during major hurricane events.
• United Nationscore humanitarian partnerStrategic or Co-development PartnerFloodbase supports the UN and several national governments to improve flood disaster response, including WFP offices in Sudan, Republic of the Congo, and other countries.
• The New York Timesmajor media data partnerTechnology or IntegrationFloodbase supports the New York Times in identifying and responding to major flood events through its Flood Intelligence Platform, including recent Texas flooding interactive maps.
• Greenhouse (recruiting platform)operational toolOthersCareers page links to boards.greenhouse.io/floodbase, indicating use of Greenhouse as the ATS / talent platform.

Scale indicators17 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• AXA Climate: Insurtech subsidiary of AXA offering parametric insurance and climate adaptation products, including flood, with similar broker and reinsurer distribution channels.
• Descartes Underwriting: Paris-based parametric insurance specialist offering multi-peril covers (including flood) to insurers and corporates via similar broker and reinsurance partnerships.
• Guy Carpenter (FloodShield): Marsh McLennan's reinsurance brokerage arm operating the FloodShield parametric flood product, directly competing with Floodbase for broker and carrier parametric flood mandates in the U.S. market.
• Jupiter Intelligence: Climate risk analytics platform quantifying physical climate risk (including flood) for insurers, asset owners, and governments — overlapping with Floodbase's Risk Analysis module.
• Parametrix: Parametric downtime / business interruption insurance provider using third-party data triggers, competing in adjacent parametric use cases served by Floodbase.
• Global Parametrics (CelsiusPro Group): Provides parametric risk capacity for weather and climate perils in emerging markets; partner of Floodbase on African programs and a comparable developer of climate risk analytics.

Emerging players

• Raincoat: Parametric insurance solution provider for governments and communities; partners with Floodbase on the Virginia RISE program and competes in community-level parametric flood.
• ICEYE: Operates a commercial SAR satellite constellation providing near real-time flood and natural-catastrophe imagery to insurers and governments, supplying a data layer that competes with Floodbase's satellite-fusion approach.

Broad incumbents

• Swiss Re: Global reinsurer and Floodbase partner that also develops its own parametric capabilities (e.g., co-developed the Aon/Floodbase storm surge product); a customer, channel, and potential competitor.
• Munich Re: Global reinsurer and Floodbase partner on the CEI Italy portfolio and other programs, while also building proprietary parametric and climate-risk analytics capabilities.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/floodbase
• LinkedInlinkedin.com/company/flood-base

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds3 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Floodbase