One Concern
One Concern is a climate analytics software company that builds digital twin infrastructure models to quantify physical and business interruption risk for insurers, reinsurers, financial institutions, and commercial real estate owners. It sells SaaS (Domino) and a data API (DNA).
- Company typePrivate
- Founded2015
- HeadquartersMenlo Park, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What One Concern does
One Concern is a privately held climate analytics software company that builds digital twin models of physical infrastructure to quantify financial losses from climate, weather, and natural disaster risk. Founded in 2015 and headquartered in San Francisco with operations in Japan, the company targets financial institutions, insurance and reinsurance carriers, commercial real estate owners, and government clients who need to measure physical risk at the property and portfolio level. Its central premise is that traditional catastrophe models understate total financial exposure by omitting "outside-the-fence" business interruption risks—power outages, transportation failures, and community-level disruptions—that can equal or exceed direct building damage.
The platform combines machine learning, physics-based catastrophe modeling, and graph networks to model interdependencies across approximately 14 million U.S. commercial properties, 15 million multifamily dwellings, and the power, transportation, and community infrastructure they depend on. Core products are One Concern Domino (enterprise SaaS for visualizing cascading infrastructure failures and predicting first-to-fail scenarios) and One Concern DNA (data-as-a-service API delivering Business Interruption Risk Scores, the Resilience Score (1CRX), Downtime Statistic (1CDS), and Exceedance Probability (1CEP) metrics). The platform processes roughly 3.3 trillion recovery data points, 87 billion downtime data points, and 34 billion damage ratio data points. Technical validation comes from an independent Technical Working Group including researchers from Stanford, USGS, TU Delft, Kyoto University, and Virginia Institute of Marine Science. A GPT-powered Domino Co-pilot was added in 2023 for generative AI-driven risk analysis and mitigation planning.
One Concern runs an enterprise sales motion with channel-led distribution. Swiss Re's CatNet platform embeds DNA's Business Interruption Risk Scores for global reinsurance customers; a WTW alliance distributes the 1CRX score across the U.S. insurance market; a Veolia partnership extends into Japan's water sector; and a Kumamoto City deployment supports municipal flood preparedness in Japan. Revenue streams are SaaS subscriptions (Domino), data-as-a-service/API licensing (DNA), and resilience analytics services. The company has raised over $100 million in total, predominantly from strategic investor Sompo Holdings (a Japanese insurance conglomerate whose total commitment exceeds $100 million), with additional backing from NEA, Sozo Ventures, and American Family Insurance. The company operates as a "Virtual First" organization with employees across more than 20 countries.
One Concern firmographics
Firmographics- Name
- One Concern
- Legal name
- One Concern, Inc.
- Website
- https://oneconcern.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- One Concern is a climate analytics software company that builds digital twin infrastructure models to quantify physical and business interruption risk for insurers, reinsurers, financial institutions, and commercial real estate owners. It sells SaaS (Domino) and a data API (DNA).
- Ownership category
- akta.pro rank
One Concern industry classification
Industry- Product category
- Climate Risk Analytics Software
- NAICS
- Computer Systems Design and Related Services (54151)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Asset- & Location-Level Exposure/Vulnerability Analytics (Geospatial, Digital Twins, Critical Infrastructure) (EUABALAC)
- akta.pro secondary industries
- Climate Risk Data & Benchmarking Services (Hazard Layers, Loss Databases, Indices/Scorecards) (EUABALAL), Insurance Underwriting, Pricing & Accumulation Tools (P&C, Specialty, Parametric) (EUABALAF), Financial Climate Stress Testing & Portfolio Analytics (Banks, Asset Managers, Insurers) (EUABALAE), Transition Risk Modeling & Policy/Market Pathways (Carbon Price, Regulation, Technology Adoption) (EUABALAD)
Keywords
Where One Concern is headquartered
LocationHeadquarters
- HQ city
- Menlo Park
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
One Concern business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- SaaS Platform Subscriptions: Enterprise software subscriptions for Domino platform access and digital twin analytics. Pricing is enterprise-tiered based on portfolio size and feature access.
- Data-as-a-Service (DNA): API and data product access providing resilience analytics for portfolio analysis, risk selection, asset valuation, and risk pricing. Sold as data feeds integrated into client platforms.
- Resilience Analytics Services: Consulting and analysis services for scenario analysis, stress testing, and climate risk disclosure support for enterprise clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise SaaS platform with Domino and DNA products |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
One Concern product offering
Product offeringCore offering
One Concern operates an AI-powered digital twin platform that quantifies the financial impact of climate and natural disaster risk for physical assets and infrastructure. Its primary products are One Concern Domino™, an enterprise SaaS platform that visualizes climate impacts on individual assets and predicts which infrastructure will fail first to cause business interruption, and One Concern DNA™, a data-as-a-service API delivering Business Interruption Risk Scores and Metrics for portfolio analysis, risk selection, asset valuation, and risk pricing.
Product overview
One Concern offers a platform-plus-modules architecture for planetary-scale climate resilience. The core offerings are One Concern Domino™ (enterprise SaaS platform for climate impact visualization and business interruption prediction) and One Concern DNA™ (data-as-a-service API for portfolio risk analysis). Domino includes a Co-pilot feature powered by GPT models for advanced analysis. Key metrics include the Resilience Score (1CRX™), Downtime Statistic (1CDS™), and Exceedance Probability (1CEP™). The platform serves financial services, insurance, and commercial real estate sectors with solutions for risk selection and pricing, insurance underwriting augmentation, precision mitigation, and industry benchmarking.
Differentiator
Problem solved
Functional benefit
Brands
- Domino™: Enterprise-ready SaaS platform that applies climate impacts on individual assets and infrastructure and predicts what will fail first, causing business interruption. Also called Domino Co-pilot with advanced risk analysis powered by GPT models.
- DNA™
- One Concern Resilience Score™ (1CRX™)
- One Concern Downtime Statistic™ (1CDS™)
- One Concern Exceedance Probability™ (1CEP™)
- One Concern Resilience Grade™ (1CRG™)
- One Concern Ready™
Products and services
- One Concern Domino™ Enterprise-ready SaaS platform that applies climate impacts on individual assets and infrastructure and predicts what will fail first, causing business interruption. Visualizes at-risk infrastructure across power grids, transportation, and communities with a mitigation co-pilot powered by GPT models, and was the company's first product launch of digital twin technology.
- One Concern DNA™ (1C-DNA) Curated physical risk data and analytics as a service (data-as-a-service) that provides Business Interruption Risk Scores and Metrics. Powers portfolio analysis and enables precision risk selection, asset valuation, and risk pricing through API delivery for insurance, financial services, and commercial real estate clients.
- Business Interruption API API that provides actionable insights on downtime risk exposure to hazards, extreme weather, and natural disasters. Enables underwriters to understand location-level Nat Cat Business Interruption risk for risk selection, pricing, portfolio management, and policy coverage decisions, delivered as part of the DNA data-as-a-service product.
- One Concern Ready™ Product supporting municipalities in Japan for disaster preparedness and resilience, deployed as part of the One Concern Domino and DNA digital twin technology expansion into the Japan market.
Quantifiable outcome
- 3.3 trillion recovery data points, 87 billion downtime data points, and 34 billion damage ratio data points calculated for climate risk modeling
- +3 more outcomes
Companies that use One Concern
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
One Concern technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability6 records
Feature7 records
One Concern partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and major.
- Swiss RecoreStrategic partnership to integrate One Concern's DNA product (Business Interruption Risk Scores and Metrics) into Swiss Re's CatNet platform. The partnership enhances underwriting and management of nat cat business interruption risk for insurers globally. One Concern's AI-powered technology combines catastrophe modeling, graph networks, data science, and foundation models to differentiate properties based on hidden outside-the-fence risks.
- VeoliamajorThree-year partnership to use digital twin technology to increase resilience strategy in Japan's water sector through risk analysis and simulation. Supports climate resilience in critical water infrastructure.
- WTWmajorStrategic alliance to bring One Concern Resilience Score (1CRX) to the U.S. insurance market. Partnership provides insurers with climate resilience scoring to facilitate better understanding and pricing of physical climate risks.
- Zurich North AmericamajorOne Concern selected as one of 12 global winners from 2,600 applicants for Zurich Innovation Championship Accelerator. Three-month collaboration to explore whether digital twin technology can power value-added risk mitigation services for Zurich customers.
- CoreLogicmajorNationwide three-year collaboration using CoreLogic's flood, storm surge, wind, and climate change data along with flood and wind vulnerability models to accelerate One Concern's weather hazard prediction capabilities.
- Kumamoto City (Japan)majorThree-year partnership (2021) to build digital twin for flood prediction and resilience planning. System monitors weather, predicts flooding, and displays overflow points to support municipal emergency preparedness.
Scale indicators4 records
Recent moves7 records
Expansion highlights6 records
One Concern competitors and assessment
Company assessmentDirect peers
- Jupiter Intelligence: Jupiter Intelligence is a direct competitor providing climate risk analytics and physical risk scores for Fortune 500 insurers, banks, and asset owners, with overlapping customers in P&C insurance and commercial real estate and a comparable SaaS-plus-data delivery model.
- Climate X: Climate X offers a climate risk analytics platform serving banks, insurers, and asset managers with physical risk scores and scenario analysis, closely mirroring One Concern's DNA proposition of asset- and portfolio-level climate exposure data delivered via API and SaaS.
- XDI (Cross Dependency Initiative): XDI quantifies climate-driven physical risk to built infrastructure for insurers, governments, and banks using dependency-based analysis. Its emphasis on infrastructure interdependencies and asset-level risk scoring puts it in direct competition with One Concern's digital twin approach.
- Karen Clark & Company: Karen Clark & Company is an independent catastrophe risk modeling firm serving insurers and reinsurers with loss estimation and risk analytics. It competes for the same insurer underwriting and portfolio management budgets that One Concern targets with its Domino and DNA products.
- KatRisk: KatRisk provides global flood and catastrophe modeling for the insurance industry, with a focus on high-resolution hazard and loss analytics. It is a focused competitor in flood and nat cat risk modeling, overlapping with One Concern's hazard and dependency analytics.
- Reask: Reask applies probabilistic ML and physics-based models to produce tropical cyclone and windstorm risk analytics for (re)insurers. As a venture-backed catastrophe analytics specialist, it competes for similar underwriting and pricing use cases.
Broad incumbents
- Moody's RMS: RMS is the dominant catastrophe modeling vendor for the global (re)insurance industry, providing risk modeling platforms, exposure data, and analytics. It competes with One Concern in physical risk modeling for insurers but as a much broader suite rather than specializing in business interruption dependency risk.
- Verisk / AIR Worldwide: Verisk's AIR Worldwide is a leading catastrophe modeling vendor serving global insurers and reinsurers with hazard, vulnerability, and loss modeling. As a broad incumbent with deep insurer relationships, it competes in the same physical risk analytics buying cycle as One Concern.
- CoreLogic (now Cotality): CoreLogic is a large property data and analytics provider serving mortgage, insurance, and CRE markets. It is both a strategic data partner of One Concern (flood and wind data) and a broad incumbent that can package its own climate risk analytics to the same buyer personas.
Emerging players
- Descartes Underwriting: Descartes Underwriting is a parametric insurance provider using advanced climate and catastrophe modeling to underwrite specialty risk. While its core product is insurance capacity rather than analytics SaaS, it is an adjacent emerging player that consumes similar climate risk inputs to serve similar insurance buyers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
One Concern social profiles
Digital presenceOne Concern financial estimates
Financial estimateRevenue estimate
Valuation estimate
One Concern leadership team
Management profileNumber of profiles
Profiles10 records
One Concern funding detail
Funding detailFunding overview
Funding rounds7 records
Investors20 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
One Concern M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about One Concern
What does One Concern do?
One Concern operates an AI-powered digital twin platform that quantifies the financial impact of climate and natural disaster risk for physical assets and infrastructure. Its primary products are One Concern Domino™, an enterprise SaaS platform that visualizes climate impacts on individual assets and predicts which infrastructure will fail first to cause business interruption, and One Concern DNA™, a data-as-a-service API delivering Business Interruption Risk Scores and Metrics for portfolio analysis, risk selection, asset valuation, and risk pricing.
Is One Concern a public or private company?
One Concern is a private company. It is classified as venture growth investor backed and is currently operating.
When was One Concern founded?
One Concern was founded in 2015. It employs 51 to 100 people.
Where is One Concern based?
One Concern is headquartered in Menlo Park, United States, in the North America region.
How does One Concern make money?
Three revenue lines are on record. SaaS Platform Subscriptions are the primary driver. The others are data-as-a-Service (DNA) and resilience Analytics Services.
Who are One Concern's main competitors?
Direct peers on record are Jupiter Intelligence, Climate X, XDI (Cross Dependency Initiative), Karen Clark & Company, KatRisk and Reask. Broad incumbents are Moody's RMS, Verisk / AIR Worldwide and CoreLogic (now Cotality). Descartes Underwriting is listed as an emerging player.
Does One Concern have an API?
Yes. One Concern offers a Business Interruption API that provides actionable insights on downtime risk exposure to hazards, extreme weather, and natural disasters. The API enables underwriters to understand location-level Nat Cat Business Interruption risk and supports risk selection, pricing, portfolio management, and policy coverage decisions. The API is available via the DNA product as a data-as-a-service tool for insurers.
What industry is One Concern in?
One Concern's product category is Climate Risk Analytics Software. Its primary akta.pro industry code is EUABALAC, Asset- & Location-Level Exposure/Vulnerability Analytics (Geospatial, Digital Twins, Critical Infrastructure), with a secondary code of EUABALAL, Climate Risk Data & Benchmarking Services (Hazard Layers, Loss Databases, Indices/Scorecards). Its NAICS code is 54151 and its SIC code is 7370.