Cervest
Cervest is a London-based climate intelligence company providing AI- and climate-science-driven physical risk analytics through its EarthScan platform, serving asset managers, consultancies, real estate, retail, manufacturing, and infrastructure investors across global portfolios.
- Company typePrivate
- Founded2016
- HeadquartersLondon, United Kingdom
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Cervest does
Cervest is a London-based climate intelligence company that delivers asset-level and portfolio-level physical climate risk analytics through its EarthScan platform. EarthScan analyzes seven categories of climate hazard—heat stress, drought, wildfire, coastal and riverine flooding, extreme wind, and precipitation—across global locations at resolutions up to 90 meters and across three climate scenarios spanning 1970 to 2100. The platform supports 500+ million pre-mapped assets and accepts custom asset locations via CSV upload, producing outputs aligned to CSRD, TCFD/ISSB, EU Taxonomy, and (via the Disclose module) IFRS S2 regulatory frameworks.
The underlying technology stack combines best-in-class public climate datasets (CMIP6, CORDEX, ERA5, NASA GDDP) with machine learning and applied climate science modeling, including a proprietary Climate Value at Risk calculation. Cervest goes to market through a self-serve digital platform with a free trial, an enterprise direct-sales motion with white-glove onboarding and custom pricing, an API for consulting and risk groups, and distribution via the Microsoft AppSource marketplace. The customer base spans asset managers (Arjun Infrastructure Partners, Fengate Asset Management), climate and risk consultancies (HDI Risk Consulting, Sustain 2050), real estate and hospitality, retail and manufacturing (including a Fortune 100 automobile manufacturer), and renewables and infrastructure investors.
Cervest was founded in 2016, operates with 51–100 employees, and has raised approximately $36.2 million across four funding rounds between 2017 and May 2021, with the $22.7M Series 2 led by Molten Ventures. The company is led by founder and CEO Iggy Bassi and chief business officer Mark Hodgson. Displayed customer logos include Telefonica, Tesla, Ecopetrol, NHS, Breitling, Capital Dynamics, Peloton, and Acciona, indicating adoption beyond the initial asset-management and consulting core.
Cervest firmographics
Firmographics- Name
- Cervest
- Legal name
- Mitiga Solutions
- Website
- https://cervest.earth
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Cervest is a London-based climate intelligence company providing AI- and climate-science-driven physical risk analytics through its EarthScan platform, serving asset managers, consultancies, real estate, retail, manufacturing, and infrastructure investors across global portfolios.
- Ownership category
- akta.pro rank
Cervest industry classification
Industry- Product category
- Climate Risk Analytics
- NAICS
- Software Publishers (513210), Environmental Consulting Services (54162), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Climate Risk Reporting & Disclosure Analytics (TCFD/ISSB, EU Taxonomy, CSRD, NAIC) (EUABALAG)
- akta.pro secondary industries
- Asset- & Location-Level Exposure/Vulnerability Analytics (Geospatial, Digital Twins, Critical Infrastructure) (EUABALAC), Regulatory & Disclosure Strategy (CSRD/ESRS, ISSB/IFRS S2, SEC, TCFD) (EUABAKAH), ESG Reporting, Disclosure & Regulatory Compliance (SFDR, EU Taxonomy, TCFD/ISSB) (FSAAALAK)
Keywords
Where Cervest is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Markets served
Cervest business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Subscription (implied): Cloud-based platform delivered as software-as-a-service with subscription-based access. Platform offers free trial and demo options with enterprise sales engagement for larger deployments. No public pricing listed, suggesting custom enterprise pricing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Custom enterprise pricing based on portfolio size and requirements |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Cervest product offering
Product offeringCore offering
Cervest provides EarthScan, a cloud-based climate risk analytics and intelligence platform that leverages data modelling, machine learning, and climate science to deliver on-demand, asset-level and portfolio-level analysis of physical climate risks (flooding, drought, extreme temperatures, heat stress, wildfire, extreme wind, precipitation) threatening business assets. The platform generates regulatory disclosure reports aligned with CSRD, TCFD/ISSB, EU Taxonomy, and IFRS S2 frameworks for enterprise customers in asset management, consulting, real estate, retail, and manufacturing.
Product overview
EarthScan is a unified climate risk analytics platform marketed by Mitiga Solutions. The core offering is the EarthScan platform, which provides on-demand, asset-level and portfolio-level physical climate risk analysis using data modelling, machine learning, and climate science. The platform supports regulatory reporting against CSRD, TCFD/ISSB, and EU Taxonomy standards. The Disclose module extends the platform specifically for IFRS S2-aligned physical climate risk reporting. Users onboard by uploading a CSV of asset locations, gain asset or portfolio-level insights across multiple climate scenarios and time horizons, and download or share compliance-aligned reports. Add-on capabilities include detailed flood analysis and custom Climate Value at Risk calculations.
Differentiator
Problem solved
Functional benefit
Products and services
- EarthScan Cloud-based climate risk analytics and intelligence software platform that uses data modelling, machine learning, and climate science to deliver on-demand, customized physical climate risk analyses (flooding, drought, extreme temperatures, wildfire, heat stress, extreme wind, precipitation) for business assets at both asset and portfolio levels. Generates regulatory disclosure reports aligned with CSRD, TCFD/ISSB, and EU Taxonomy frameworks. Targets enterprise customers in asset management, risk consulting, real estate, retail, manufacturing, and infrastructure.
- Disclose Reporting module of the EarthScan platform that delivers physical climate risk reports aligned with IFRS S2 disclosure requirements, enabling enterprises to meet regulatory disclosure obligations on physical climate risk.
Quantifiable outcome
- Analyze portfolios of hundreds of physical assets in seconds
- +3 more outcomes
Companies that use Cervest
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles3 records
Cervest technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
Cervest partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Microsoft AppSourcecoreEarthScan is available via Microsoft AppSource marketplace. Customers can access the platform through Microsoft's SaaS marketplace listing, enabling discovery and procurement through Microsoft's enterprise customer ecosystem.
Scale indicators1 record
Recent moves6 records
Expansion highlights5 records
Cervest competitors and assessment
Company assessmentDirect peers
- Jupiter Intelligence: Jupiter Intelligence provides asset-level physical climate risk analytics for financial institutions, governments, and corporates. It is the closest direct competitor to Cervest's EarthScan, offering global coverage, multi-scenario hazard modeling, and portfolio-level Climate Value-at-Risk outputs to the same buyer set.
- Four Twenty Seven (an EDF company): Four Twenty Seven delivers physical climate risk scores and analytics for asset-level and portfolio-level exposure to extreme heat, flooding, and other hazards. It directly competes with EarthScan on physical risk analytics for real estate, infrastructure, and corporate asset portfolios and is now backed by EDF.
- Risilience: Risilience is a UK-based climate analytics platform providing physical and transition climate risk analytics for enterprises and financial institutions. Like Cervest, it focuses on translating climate science into business risk metrics for CSRD/TCFD-aligned reporting.
- Climate X: Climate X offers a global physical climate risk analytics platform with hazard modeling at property/asset level, targeting financial institutions and corporates. Its asset-level loss modeling and API approach is directly comparable to EarthScan's positioning.
- Acclimatise: Acclimatise provides climate risk advisory and analytics services for physical and transition risk, including asset-level screening and CSRD/TCFD reporting support. It overlaps with Cervest's consulting-firm user base and risk-assessment use cases.
- XDI (Cross Dependency Initiative): XDI provides physical climate risk analytics focused on asset, infrastructure, and built-environment exposure to climate hazards at high spatial resolution. Its asset-level physical risk methodology and government/infrastructure customer base overlap with EarthScan's use cases.
Broad incumbents
- Moody's (Climate Solutions / 427): Moody's offers broad ESG and climate risk solutions, including physical and transition risk scores (via the 427 acquisition) integrated with credit ratings and risk platforms. It is a broad incumbent that competes with EarthScan for the same enterprise and financial-institution buyers but bundles climate analytics with wider credit and risk offerings.
- MSCI (Climate Solutions): MSCI provides climate, ESG, and physical risk data and analytics to asset managers and asset owners, including portfolio-level climate risk and reporting solutions. It competes with Cervest in the same investment management segment but as part of a much broader index, analytics, and data franchise.
- S&P Global (Trucost / The Climate Service): S&P Global offers climate analytics through Trucost and The Climate Service (acquired 2022), covering physical and transition risk for corporates and investors. It competes with EarthScan for enterprise and financial-services buyers but as part of S&P's broader data and ratings business.
Emerging players
- Bitsight (cyber) / Persefoni (climate management): Persefoni offers a climate management and accounting platform that helps enterprises measure, report, and reduce their carbon footprint across Scope 1/2/3 emissions. It is an emerging adjacent player in climate disclosure, competing partially with Cervest's Disclose module for the CSRD-aligned buyer, though focused on emissions rather than physical risk.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Cervest social profiles
Digital presenceCervest financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cervest leadership team
Management profileNumber of profiles
Profiles2 records
Cervest funding detail
Funding detailFunding overview
Funding rounds4 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cervest M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cervest
What does Cervest do?
Cervest provides EarthScan, a cloud-based climate risk analytics and intelligence platform that leverages data modelling, machine learning, and climate science to deliver on-demand, asset-level and portfolio-level analysis of physical climate risks (flooding, drought, extreme temperatures, heat stress, wildfire, extreme wind, precipitation) threatening business assets. The platform generates regulatory disclosure reports aligned with CSRD, TCFD/ISSB, EU Taxonomy, and IFRS S2 frameworks for enterprise customers in asset management, consulting, real estate, retail, and manufacturing.
Is Cervest a public or private company?
Cervest is a private company. It is classified as venture growth investor backed and is currently operating.
When was Cervest founded?
Cervest was founded in 2016. It employs 51 to 100 people.
Where is Cervest based?
Cervest is headquartered in London, United Kingdom, in the Europe region.
How does Cervest make money?
One revenue line is on record: saaS Subscription (implied).
Who are Cervest's main competitors?
Direct peers on record are Jupiter Intelligence, Four Twenty Seven (an EDF company), Risilience, Climate X, Acclimatise and XDI (Cross Dependency Initiative). Broad incumbents are Moody's (Climate Solutions / 427), MSCI (Climate Solutions) and S&P Global (Trucost / The Climate Service). Bitsight (cyber) / Persefoni (climate management) is listed as an emerging player.
Does Cervest have an API?
Yes. EarthScan provides API access to enable analysis at scale for climate risk assessments, allowing consulting and risk groups to analyze and disclose exposure to climate risk on client portfolios.
What industry is Cervest in?
Cervest's product category is Climate Risk Analytics. Its primary akta.pro industry code is EUABALAG, Climate Risk Reporting & Disclosure Analytics (TCFD/ISSB, EU Taxonomy, CSRD, NAIC), with a secondary code of EUABALAC, Asset- & Location-Level Exposure/Vulnerability Analytics (Geospatial, Digital Twins, Critical Infrastructure). Its NAICS code is 513210 and its SIC code is 7370.