KatRisk
KatRisk provides physics-based, high-resolution catastrophe risk modeling software — including flood, wind, storm, and wildfire models — to insurers, reinsurers, government agencies, and financial institutions, delivered through its SpatialKat, SoloKat, Perilfinder, and Orchestra platforms.
- Company typePrivate
- Founded2012
- HeadquartersBerkeley, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What KatRisk does
KatRisk is a catastrophe risk modeling company founded in 2012 and headquartered in La Jolla, California, operating as a subsidiary of Technosylva. The company provides high-resolution, physics-based catastrophe risk models and software platforms to insurers, reinsurers, government agencies, and financial institutions across more than 190 countries. Its model portfolio spans inland flood (10-meter resolution), storm surge, tropical cyclone wind (1-km resolution), severe convective storm (hail/wind at 1-km, tornado at 100-meter resolution), wildfire (30-meter resolution via Technosylva science), and earthquake (in development), all built on 50,000-year stochastic event simulations and open-source R/C++ architecture.
The company's commercial offering is structured as two business segments — KatRisk Intelligence (catastrophe models and hazard data) and KatRisk Technology (delivery layer comprising SpatialKat portfolio analytics, SoloKat point-of-quote API, Perilfinder property-level intelligence, and Orchestra underwriting/portfolio platform acquired from Symfos). Its proprietary financial engine delivers computation speeds reportedly up to 30–100x faster than industry standard, enabling real-time, fully probabilistic underwriting decisions that were previously impractical. Revenue is generated through enterprise annual subscription licensing, usage-based API access, strategic analytics consulting, and platform partnership royalties (notably through the Verisk Model Exchange channel).
KatRisk pursues a multi-channel go-to-market combining direct enterprise field sales, API-first integration, and channel partnerships. Named enterprise customers include Zurich Insurance, Munich Re, Aon, Guy Carpenter, Aviva, Acrisure, Neptune Flood, FloodFlash, EigenRisk, and Bernina Re, with government work including FEMA/NFIP catastrophe bond calculation agent services across $2.225 billion of bond value. Following a significant private equity investment from TA Associates in November 2023, the company has executed an aggressive inorganic growth strategy, acquiring Gamma (location intelligence, May 2025), Symfos/Orchestra (January 2026), and RED (earthquake modeling, April 2026), while expanding regionally through Dublin and Freiburg offices and launching Ireland-focused products BERWOW and AddressLink.
KatRisk firmographics
Firmographics- Name
- KatRisk
- Legal name
- KatRisk LLC
- Website
- https://katrisk.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- KatRisk provides physics-based, high-resolution catastrophe risk modeling software — including flood, wind, storm, and wildfire models — to insurers, reinsurers, government agencies, and financial institutions, delivered through its SpatialKat, SoloKat, Perilfinder, and Orchestra platforms.
- Ownership category
- akta.pro rank
KatRisk industry classification
Industry- Product category
- Catastrophe Risk Modeling Software
- NAICS
- Software Publishers (5132), Computer Systems Design Services (541512), Other Computer Related Services (541519)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Catastrophe Risk Modeling & Analytics Services (FSAOACAL)
- akta.pro secondary industries
- Climate Hazard & Catastrophe Modeling (Flood, Wind, Wildfire, Heat, Sea-Level Rise) (EUABALAA), Catastrophe Modeling & Exposure Management (FSAOAIAB), Risk Scoring, Hazard & Geospatial Analytics (FSAOAIAE), Flood Risk Modeling, Mapping & Forecasting (Hydrology/Hydraulics, Digital Twins) (EUANAEAH)
Keywords
Where KatRisk is headquartered
LocationHeadquarters
- HQ city
- Berkeley
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
KatRisk business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Software Licensing: Annual subscription licensing of catastrophe risk modeling software platforms (SpatialKat, SoloKat, Perilfinder, Orchestra). Clients pay for access to models, hazard data, and analytical tools based on usage tiers and coverage scope.
- API Access and Usage: Usage-based API access for real-time risk assessments and data queries through SoloKat and Perilfinder platforms. Revenue based on query volume and data consumption.
- Strategic Analytics Projects: One-time catastrophe risk analytics and consulting engagements for specific projects such as climate change studies, regulatory reporting, and custom risk assessments.
- Platform Partnership Revenue: Revenue through Verisk Model Exchange platform integration, where KatRisk models are made available to Verisk's ecosystem of insurers and reinsurers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise licensing - Custom pricing based on organizational requirements |
Go-to-market motion4 records
Distribution channels6 records
Marketing channels7 records
KatRisk product offering
Product offeringCore offering
KatRisk develops and licenses high-resolution, physics-based catastrophe risk modeling software for insurers, reinsurers, government agencies, and financial institutions. The company delivers catastrophe models for inland flood, storm surge, tropical cyclone wind, severe convective storms, wildfire, and earthquake perils, distributed through platforms (SpatialKat, SoloKat, Perilfinder, Orchestra) and APIs for underwriting, portfolio management, and event response workflows.
Product overview
KatRisk offers a unified catastrophe risk intelligence and technology platform structured into two business segments: KatRisk Intelligence (scientific foundation) and KatRisk Technology (delivery layer). The platform provides a comprehensive suite of catastrophe risk solutions for insurers, reinsurers, government agencies, and financial institutions. The product portfolio centers on SpatialKat (core portfolio risk analysis platform), SoloKat (single-location risk assessment), Perilfinder (property-level intelligence), and Orchestra (model-agnostic underwriting and portfolio management). Supporting intelligence offerings include high-fidelity probabilistic models for inland flood, storm surge, tropical cyclone wind, severe convective storm, wildfire, and earthquake, along with hazard data and event response services. Regional offerings include BERWOW (Ireland energy retrofit platform) and AddressLink (Ireland property intelligence). The platform integrates third-party geocoding services (Precisely, AutoAddress) and wildfire intelligence (Property Guardian) to enhance property-level risk assessment workflows.
Differentiator
Problem solved
Functional benefit
Brands
- KatRisk Intelligence: Scientific foundation offering catastrophe models and hazard data across flood, wildfire, tropical cyclone wind, severe convective storm, and earthquake, built on high-resolution physics-based modeling
- KatRisk Technology
Products and services
- SpatialKat Comprehensive portfolio risk analysis platform providing global coverage for evaluating location, account, and portfolio risks, with probabilistic modeling, climate change scenario analysis, and a full financial model supporting complex insurance and reinsurance structures.
- SoloKat Location-level risk assessment tool with API response times under 1 second, providing lightning-fast hazard data integration for single-location evaluation and point-of-sale underwriting decisions.
- Perilfinder Property-level risk intelligence platform offering instant hazard insights, dynamic visualizations, real-time accumulation visibility, and collaborative reporting for underwriters and risk managers. Includes Perilfinder Insights for address-level intelligence and Perilfinder Portfolio for book-of-business management.
- Orchestra Model-agnostic analytics and decision engine that unifies exposure data, catastrophe models, pricing logic, and portfolio management into a configurable enterprise platform supporting real-time accumulation control across underwriting, pricing, and exposure management.
- Inland Flood Model Physical hydraulic and hydrodynamic flood model with 10-meter resolution data in the US, Europe, and Australia. Captures pluvial and fluvial flooding using 50,000-year stochastic event sets for insurance and reinsurance underwriting.
- Storm Surge Model Stochastic storm surge model integrating tropical cyclone simulations spanning 50,000+ years with advanced hydrodynamic modeling for coastal flood risk assessment in the US and Australia.
- Tropical Cyclone Wind Model Global tropical cyclone wind model computing wind fields with overland roughness effects at 1km resolution, integrating with storm surge and flood models for comprehensive coastal storm hazard assessment.
- Severe Convective Storm Model High-resolution severe convective storm model covering hail and straight-line wind at 1-km resolution and tornado at 100-meter resolution, including climate pattern integration and intra-peril correlation.
- Wildfire Model Physics-based wildfire model combining Technosylva's fire behavior science with KatRisk's financial modeling and portfolio analytics, providing fire simulations at 30-meter resolution across continental US with smoke modeling capabilities.
- Earthquake Model Earthquake risk model (currently in development) covering earthquake, flood, landslide, and wind risks; RED's European earthquake platform being integrated into KatRisk's SpatialKat platform to accelerate high-fidelity US earthquake modeling.
- Hazard Data High-resolution hazard data providing location-level risk visualization and analysis worldwide with detailed return period values, risk scores, and climate change data layers for insurers and government agencies.
- Event Response Rapid event response services providing hazard data and loss analytics for real-time analysis of catastrophic events globally with ultra-high-resolution footprints.
- Analytics Strategic one-time catastrophe risk analytics and modeling calculations for insurance, reinsurance, financial institutions, and government agencies, including climate change studies and custom risk assessments.
- BERWOW Digital platform for Ireland that generates BER (Building Energy Rating) assessments, simulates retrofit options, and guides homeowners through compliant energy upgrade journeys. Supports partners including SSE Airtricity and Bank of Ireland.
- AddressLink Ireland's property-level intelligence dataset covering every address across the island, providing address validation, building attributes, risk scores for flood, subsidence, fire, windstorm, burglary, and climate indicators via API, web services, and data enrichment.
- Consulting Location intelligence consulting services for UK and Ireland including data enrichment, spatial modeling, retail network optimization, and strategic advisory across insurance, banking, retail, and government sectors.
Quantifiable outcome
- Computation speeds 30-100x faster than industry standard, enabling full probabilistic underwriting decisions in real-time
- +5 more outcomes
Companies that use KatRisk
Customer profileNamed customers13 records
Segments5 records
Ideal customer profiles5 records
KatRisk technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature11 records
KatRisk partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- VeriskcoreKatRisk joined Verisk Model Exchange platform to expand access to its catastrophe models covering inland flood, storm surge, tropical cyclone wind, severe convective storm, wildfire, and earthquake. The platform hosts 20+ third-party model providers and 400+ peril models, enabling insurers and reinsurers to compare KatRisk's models alongside other independent approaches within a common analytical framework.
- Property GuardiancoreIntegration of Property Guardian's wildfire risk intelligence into KatRisk's Perilfinder platform via API. Combines Property Guardian's near-term wildfire datasets (recurrence scores, dynamic moratorium insights, resiliency scores) with KatRisk's long-term stochastic catastrophe modeling to help insurers evaluate wildfire exposure across multiple time horizons.
- TechnosylvacoreTechnosylva is the parent company of KatRisk, combining Technosylva's wildfire behavior models (trusted by fire agencies and utilities worldwide) with KatRisk's financial modeling and portfolio analytics to produce scalable, insurance-ready risk metrics grounded in real fire behavior.
- Green Shield Holdings (Property Guardian)coreProperty Guardian is part of Green Shield Holdings and partnered with KatRisk to integrate wildfire risk intelligence into Perilfinder, combining near-term fire behavior data with long-term catastrophe modeling.
- McKinsey & CompanyminorCollaboration to offer loss analytics for climate change studies. KatRisk provided catastrophe modeling data for McKinsey's climate risk research and analysis.
- MillimanminorKatRisk supported Milliman with studies on mortgage default risk and credit risk in the face of climate change. Milliman also used KatRisk models for an NRDC-commissioned study on undisclosed flood risk in real estate.
- Society of Actuaries (SOA)minorGround-breaking study by KatRisk and Milliman demonstrating the value of catastrophe modeling to understand climate change impacts on the mortgage industry, supported by the Society of Actuaries.
- FEMA / NFIPcoreKatRisk has served as risk modeling calculation agent for all six FEMA/NFIP annual catastrophe bonds totaling $2.225 billion in value. Supported FEMA's efforts to better understand and quantify flood risk through advanced catastrophe modeling.
Scale indicators7 records
Recent moves7 records
Expansion highlights8 records
KatRisk competitors and assessment
Company assessmentBroad incumbents
- Verisk (AIR Worldwide): Verisk is the dominant catastrophe modeling platform via AIR Worldwide, serving insurers and reinsurers with the Touchstone platform across multiple perils. Directly comparable as a multi-peril cat model provider, and a current distribution partner through the Verisk Model Exchange.
- CoreLogic: CoreLogic provides property data and natural hazard risk analytics (flood, wildfire, earthquake) to insurers and financial institutions. Adjacent competitor in property-level hazard analytics and risk scoring for insurance underwriting.
- Aon (Impact Forecasting): Impact Forecasting is Aon's catastrophe modeling unit producing the ELEMENTS platform for re/insurers. Direct competitor in cat modeling while also being a KatRisk customer/broker partner—comparability spans product and customer overlap.
Direct peers
- Moody's RMS: RMS (Moody's) is the leading catastrophe modeling vendor offering multi-peril models (flood, wind, earthquake, wildfire) for insurers and reinsurers. Direct head-to-head competitor in probabilistic cat modeling with deep enterprise penetration.
- JBA Risk Management: JBA specializes in flood and storm catastrophe models for insurance and government, with European and global reach. Closely comparable to KatRisk's flood-centric, physics-based approach and EMEA presence.
Emerging players
- EigenRisk: EigenRisk is a US-based catastrophe risk analytics platform providing portfolio and exposure analytics for insurers. Comparable in delivering cat risk insights for insurance customers; cited as a KatRisk customer using SpatialKat-style models.
- Temblor: Temblor provides earthquake and seismic hazard analytics for insurance, financial, and government users. Comparability: emerging peril-specific analytics provider that overlaps with KatRisk's expanding earthquake (RED) peril.
- HazardHub (now part of Guidewire): HazardHub delivered property-level hazard scores (flood, wildfire, wind) for insurance underwriting and is now integrated with Guidewire. Comparable in providing API-delivered property-level hazard intelligence similar to SoloKat and Perilfinder.
- Reask: Reask offers high-resolution tropical cyclone and climate hazard analytics for (re)insurers using physics-based modeling. Comparable in peril-specific, high-resolution modeling and global re/insurance distribution approach.
Others
- FloodFlash: FloodFlash is a parametric flood insurance provider using KatRisk's flood modeling data for trigger/payout design. Listed as a customer; included as ecosystem peer illustrating the customer-side integration of cat models into product offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
KatRisk social profiles
Digital presenceKatRisk compliance and trust
Trust signalCompliance1 record
KatRisk financial estimates
Financial estimateRevenue estimate
Valuation estimate
KatRisk leadership team
Management profileNumber of profiles
Profiles11 records
KatRisk subsidiaries and ownership
Company hierarchySubsidiaries3 records
KatRisk funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
KatRisk M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about KatRisk
What does KatRisk do?
KatRisk develops and licenses high-resolution, physics-based catastrophe risk modeling software for insurers, reinsurers, government agencies, and financial institutions. The company delivers catastrophe models for inland flood, storm surge, tropical cyclone wind, severe convective storms, wildfire, and earthquake perils, distributed through platforms (SpatialKat, SoloKat, Perilfinder, Orchestra) and APIs for underwriting, portfolio management, and event response workflows.
Is KatRisk a public or private company?
KatRisk is a private company. It is classified as corporate owned and is currently operating.
When was KatRisk founded?
KatRisk was founded in 2012. It employs 11 to 50 people.
Where is KatRisk based?
KatRisk is headquartered in Berkeley, United States, in the North America region.
How does KatRisk make money?
Four revenue lines are on record. Software Licensing is the primary driver. The others are API Access and Usage, strategic Analytics Projects and platform Partnership Revenue.
Who are KatRisk's main competitors?
Broad incumbents on record are Verisk (AIR Worldwide), CoreLogic and Aon (Impact Forecasting). Direct peers are Moody's RMS and JBA Risk Management. Emerging players are EigenRisk, Temblor, HazardHub (now part of Guidewire) and Reask. FloodFlash is listed as an others.
Does KatRisk have an API?
Yes. KatRisk offers API access across its product suite for real-time underwriting workflows. SoloKat provides instant location-level risk assessments with API response times under 1 second. Perilfinder features an API-first design for direct integration into underwriting workflows. Orchestra supports API-enabled workflows for submissions, quoting, portfolio updates, and event response. AddressLink provides APIs for property, risk, rebuild cost, and climate intelligence. The wildfire Perilfinder integration with Property Guardian is delivered via API. KatRisk has served as the risk modeling calculation agent for FEMA/NFIP catastrophe bonds and supports real-time data integration into underwriting models.
What industry is KatRisk in?
KatRisk's product category is Catastrophe Risk Modeling Software. Its primary akta.pro industry code is FSAOACAL, Catastrophe Risk Modeling & Analytics Services, with a secondary code of EUABALAA, Climate Hazard & Catastrophe Modeling (Flood, Wind, Wildfire, Heat, Sea-Level Rise). Its NAICS code is 5132 and its SIC code is 7370.