Bluerisk
Bluerisk is a privately held water strategy and risk consulting firm founded in 2019 that helps Fortune 500 companies in agriculture, food and beverage, mining, IT, and financial services quantify and manage water-related risk through analytics, strategy, and implementation services built on proprietary VWBA methodology.
- Company typePrivate
- Founded2019
- HeadquartersHerndon, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Bluerisk does
Bluerisk is a privately held water strategy and data consulting firm founded in 2019 by Paul Reig, formerly of the World Resources Institute, where he led development of the Aqueduct Water Risk Atlas and Volumetric Water Benefit Accounting (VWBA). Operating as Perelandra Group LLC from Herndon, Virginia, the firm is a globally distributed team of 1-10 water risk consultants spanning the Americas, Europe, and Asia-Pacific, with senior talent drawn from WRI, BHP Iron Ore, Coca-Cola North America, and ICMM. Bluerisk helps Fortune 500 companies and large multinationals identify, quantify, and manage water-related dependencies, impacts, risks, and opportunities across their value chains, organized around three service pillars: Analytics (water risk assessment, physical climate and water risk modeling using CMIP6 projections, water valuation and financial materiality analysis), Strategy (water strategy development, target setting, program design), and Implementation (watershed diagnostics, project discovery, VWBA quantification and reporting). The firm monetizes through project-based professional services engagements priced from $30,000 to $150,000+, targeting enterprise clients across agriculture, food and beverage, mining and metals, information technology, financial services, and water stewardship in China and Asia.
The firm's competitive positioning is anchored in proprietary methodologies developed by its founders, most notably VWBA — the industry-standard framework for quantifying volumetric water benefits — and co-developed frameworks such as the ICMM Water Stewardship Maturity Framework and Aqueduct Water Risk Atlas. Bluerisk serves a concentrated enterprise client base of 50+ of the world's largest companies including Coca-Cola, Microsoft, Meta, Google, Nestlé, BHP, LVMH, Starbucks, PepsiCo, Cargill, AB InBev, and Diageo, with deeper engagement in sectors that face material water exposure. Strategic partnerships with WRI, ICMM, BIER, Ceres, and Bonneville Environmental Foundation provide distribution, standards influence, and co-development capacity. Recent product activity (VWBA 2.0 in September 2025; VWBA Withdrawal Method with Kilimo in August 2025; the Agricultural Supply Chains guide aligned with TNFD and ESRS in May 2026) indicates ongoing expansion of methodology IP into new verticals and geographies.
Bluerisk firmographics
Firmographics- Name
- Bluerisk
- Legal name
- Perelandra Group LLC
- Website
- https://blueriskintel.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Bluerisk is a privately held water strategy and risk consulting firm founded in 2019 that helps Fortune 500 companies in agriculture, food and beverage, mining, IT, and financial services quantify and manage water-related risk through analytics, strategy, and implementation services built on proprietary VWBA methodology.
- Ownership category
- akta.pro rank
Bluerisk industry classification
Industry- Product category
- Water Risk & Strategy Consulting
- NAICS
- Environmental Consulting Services (54162), Environmental Consulting Services (541620)
- SIC
- Services-Engineering, Accounting, Research, Management (8700)
- akta.pro primary industry
- Water, Wastewater & Hydraulics Engineering Consulting (BPAHAIAD)
- akta.pro secondary industries
- Water Quality & Watershed/Hydrologic Modeling (SWMM/HEC-RAS, Flood/Runoff/Nutrient) (EUAHAKAF), Meter Data Management & Analytics (MDM, validation/estimation/editing, usage insights) (EUANAIAB)
Keywords
Where Bluerisk is headquartered
LocationHeadquarters
- HQ city
- Herndon
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Bluerisk business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel
Revenue model
- Water Risk Analytics Services: Consulting services including water risk assessment, physical climate and water risk modeling, and water valuation. Projects range from $40,000 to $120,000.
- Water Strategy Development Services: Strategy development including water strategy, goals and target setting, and water program design. Estimated cost range: $30,000 to $60,000.
- Implementation Services: On-the-ground implementation services including watershed diagnostics, project discovery, and VWBA quantification and reporting. Per-project pricing: $1,800 to $6,000 per project; per-program: $30,000 to $150,000.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Analytics Services |
| Other | Multi-year contract | Strategy Services |
| Unit Pricing | Multi-year contract | Implementation Services - Per Project |
| Other | Multi-year contract | Implementation Services - Per Program |
Go-to-market motion3 records
Distribution channels1 record
Marketing channels3 records
Bluerisk product offering
Product offeringCore offering
Bluerisk is a water risk and strategy consulting firm that sells three integrated service lines: Analytics (water risk assessment, physical climate and water risk modeling, water valuation and financial materiality analysis), Strategy (water strategy development, goals and target setting, water program design), and Implementation (watershed diagnostics, project discovery, and Volumetric Water Benefit Accounting quantification and reporting). Services are delivered directly to enterprise clients using proprietary methodologies including the VWBA framework and the ICMM Water Stewardship Maturity Framework.
Product overview
Bluerisk is a Water Risk & Strategy Consulting Firm offering three interconnected service categories: Analytics (water risk assessment, physical climate and water risk modeling, water valuation), Strategy (water strategy development, target setting, program design), and Implementation (watershed diagnostics, project discovery, Volumetric Water Benefit quantification). They leverage proprietary methodologies including Volumetric Water Benefit Accounting (VWBA) and frameworks like the ICMM Water Stewardship Maturity Framework, along with tools such as the Aqueduct Water Risk Atlas. Their consulting services span multiple industries including Agriculture, Food & Beverage, Mining & Metals, Information Technology, Financial Services, and Water Stewardship in China and Asia.
Differentiator
Problem solved
Functional benefit
Products and services
- Analytics Services
Quantifiable outcome
- Serving 50+ of the world's largest companies
- +1 more outcomes
Companies that use Bluerisk
Customer profileNamed customers33 records
Segments7 records
Ideal customer profiles1 record
Bluerisk technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature4 records
Bluerisk partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and secondary.
- World Resources Institute (WRI)coreCo-developer of Volumetric Water Benefit Accounting methodology. Paul Reig led VWBA development at WRI before founding Bluerisk. WRI remains a key thought leadership partner.
- Bonneville Environmental FoundationcoreCo-developed VWBA 2.0 and collaborated on societal value of water stewardship projects research, working with companies like Coca-Cola, Danone, Ecolab, and Nestlé.
- ICMM (International Council on Mining and Metals)coreCo-developed ICMM's Water Stewardship Maturity Framework to enhance stewardship of shared water resources. Amy Herod served as technical expert for ICMM water program (2016-2024).
- KilimosecondaryCollaborated on VWBA Withdrawal Method application to incorporate precipitation variability for agricultural water stewardship activities.
- Valuing ImpactsecondaryPartnered to explore societal value of corporate water stewardship projects using SROI methods and Natural Capital Protocol frameworks.
- BIER (Beverage Industry Environmental Roundtable)secondaryCollaborated on decade of insights paper for driving impactful water replenishment initiatives in the beverage industry.
- CeressecondaryCollaborated on financial impact studies of water risk management in apparel and meat industries, working with S&P Global Sustainable and DWS Group.
- LimnoTechsecondaryPartner in VWBA method development and implementation guidance.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Bluerisk competitors and assessment
Company assessmentDirect peers
- South Pole: Global climate and sustainability consultancy offering water risk, climate strategy, and ESG advisory services to corporates. Directly comparable as a boutique-to-mid-sized specialist focused on sustainability risk and value creation, similar go-to-market.
- Antea Group: International engineering and environmental consulting firm offering water, sustainability, and EHS services to industrial clients. Comparable in water risk and environmental consulting for resource-intensive sectors.
- Carbone 4: Independent consultancy specializing in climate strategy, carbon and water footprinting, and natural capital assessment for corporates and financial institutions. Comparable in environmental strategy and DIRO advisory, with similar premium positioning.
- LimnoTech: Water resources science and engineering firm specializing in water quality, hydrologic modeling, and watershed analysis. Directly comparable in technical water science and modeling — and an existing Bluerisk partner on VWBA development.
Broad incumbents
- Stantec: Global engineering, consulting, and project delivery firm with water and environmental practices serving corporate, municipal, and resource-sector clients. Comparable in water risk assessment and water strategy services, though much broader in infrastructure.
- Tetra Tech: Leading global consulting and engineering firm with deep water resources, watershed management, and climate resilience practices serving mining, energy, and infrastructure clients. Comparable in water risk and stewardship consulting for resource-intensive industries.
- WSP: Global engineering and professional services firm with a substantial water, environment, and climate advisory practice serving corporate and public-sector clients. Comparable in water risk and resilience consulting, with much broader service breadth.
- Ramboll: Global engineering, consulting, and sustainability firm with significant water management and ESG advisory practices serving industrial and municipal clients. Comparable in water stewardship strategy and risk assessment services.
- ERM (Environmental Resources Management): One of the world's largest pure-play environmental and sustainability consultancies, offering corporate water stewardship, ESG strategy, and EHS services to Fortune 500 clients. Directly comparable in service lines but vastly larger in scale and geographic reach.
Emerging players
- Watershed: Enterprise sustainability platform combining climate and water footprinting with software-enabled measurement and disclosure. Adjacent rather than directly competing — addresses similar buyer needs via software, whereas Bluerisk delivers advisory services.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Bluerisk social profiles
Digital presenceBluerisk compliance and trust
Trust signalCompliance2 records
Bluerisk financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bluerisk leadership team
Management profileNumber of profiles
Profiles7 records
Bluerisk funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bluerisk 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 Bluerisk
What does Bluerisk do?
Bluerisk is a water risk and strategy consulting firm that sells three integrated service lines: Analytics (water risk assessment, physical climate and water risk modeling, water valuation and financial materiality analysis), Strategy (water strategy development, goals and target setting, water program design), and Implementation (watershed diagnostics, project discovery, and Volumetric Water Benefit Accounting quantification and reporting). Services are delivered directly to enterprise clients using proprietary methodologies including the VWBA framework and the ICMM Water Stewardship Maturity Framework.
Is Bluerisk a public or private company?
Bluerisk is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Bluerisk founded?
Bluerisk was founded in 2019. It employs 1 to 10 people.
Where is Bluerisk based?
Bluerisk is headquartered in Herndon, United States, in the North America region.
How does Bluerisk make money?
Three revenue lines are on record. Water Risk Analytics Services are the primary driver. The others are water Strategy Development Services and implementation Services.
Who are Bluerisk's main competitors?
Direct peers on record are South Pole, Antea Group, Carbone 4 and LimnoTech. Broad incumbents are Stantec, Tetra Tech, WSP, Ramboll and ERM (Environmental Resources Management). Watershed is listed as an emerging player.
Does Bluerisk have an API?
No public API is recorded for Bluerisk.
What industry is Bluerisk in?
Bluerisk's product category is Water Risk & Strategy Consulting. Its primary akta.pro industry code is BPAHAIAD, Water, Wastewater & Hydraulics Engineering Consulting, with a secondary code of EUAHAKAF, Water Quality & Watershed/Hydrologic Modeling (SWMM/HEC-RAS, Flood/Runoff/Nutrient). Its NAICS code is 54162 and its SIC code is 8700.