Riskscape
Riskscape is a South African spatial actuarial technology company that combines geospatial intelligence, machine learning, and actuarial science to deliver climate risk, property, elevation, financial, and solar data products to insurance groups, banks, government planners, telecoms, and energy firms.
- Company typePrivate
- Founded2012
- HeadquartersCenturion, South Africa
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Riskscape does
Riskscape (PTY) Ltd, founded in 2012 and headquartered in Pretoria, South Africa, is a spatial actuarial technology company that integrates geospatial intelligence, machine learning, and actuarial science to deliver property-level risk and financial data products. After a strategic pivot in 2015 from economic capital modeling toward spatial data integration, the company built a portfolio spanning Climate Risk (water, fire at 2km resolution, land/seismic, extreme temperatures), Property Information (title deeds, cadastral boundaries, structure data, replacement costs) delivered through APIs such as the Property Identifier and Property Insurer, Digital Elevation Models (2m/5m DTMs, 1m DSMs) with 3D building footprints, Address Search and Mapping with meter-level reverse geocoding, the Market Discovery financial data platform (Household Financial Index, Automated Property Valuations, loan-to-value), and a Solar Penetration and Feasibility Model. Underlying these products is a proprietary ML pipeline that processes 25cm-resolution aerial imagery from a 2024 national partnership with GeoSpace International and Hexagon to produce the first homogeneous high-resolution elevation dataset covering all of South Africa.
The company operates a B2B enterprise model with API-first delivery and custom solutions, targeting insurance groups, banking institutions, government planners, telecommunications operators, and property professionals. Revenue is generated through subscription-style data and API licensing and professional services for custom risk assessments and integration work, with annual billing and undisclosed custom enterprise pricing. Customer engagements include high-profile references such as the South African Presidency, the Competition Commission Health Market Inquiry, a large South African bank (2022 climate study), an overseas major bank (2023), and a major global banking group (2025 advanced climate risk scenarios), alongside integration partnerships such as Looksee in the energy sector. Riskscape also co-founded and holds equity in South Africa's largest residential property market collaboration, signaling a strategy that combines data products, embedded partnerships, and ecosystem ownership to deepen switching costs in a niche but defensible market.
Riskscape firmographics
Firmographics- Name
- Riskscape
- Legal name
- Riskscape (PTY)Ltd
- Website
- https://riskscape.pro
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Riskscape is a South African spatial actuarial technology company that combines geospatial intelligence, machine learning, and actuarial science to deliver climate risk, property, elevation, financial, and solar data products to insurance groups, banks, government planners, telecoms, and energy firms.
- Ownership category
- akta.pro rank
Riskscape industry classification
Industry- Product category
- Geospatial Risk Analytics
- NAICS
- Geophysical Surveying and Mapping Services (541360), Environmental Consulting Services (541620)
- SIC
- Services-Commercial Physical & Biological Research (8731), Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Asset- & Location-Level Exposure/Vulnerability Analytics (Geospatial, Digital Twins, Critical Infrastructure) (EUABALAC)
- akta.pro secondary industries
- Climate Hazard & Catastrophe Modeling (Flood, Wind, Wildfire, Heat, Sea-Level Rise) (EUABALAA), Risk Scoring, Hazard & Geospatial Analytics (FSAOAIAE), IoT/Connected Risk Prevention & Parametric Triggers Platforms (FSAGAGAG), Climate Risk Data & Benchmarking Services (Hazard Layers, Loss Databases, Indices/Scorecards) (EUABALAL), Climate Risk & Scenario Analysis (TCFD/IFRS S2) (EUAHAJAD)
Keywords
Where Riskscape is headquartered
LocationHeadquarters
- HQ city
- Centurion
- HQ country
- South Africa
- HQ region
- Africa
Offices1 record
Markets served
Riskscape business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales, Others
Revenue model
- Data and API Services: Riskscape provides geospatial data products and API services including Digital Elevation Models, climate risk data, property information, and financial data to enterprise clients. Revenue is generated through licensing of data products and API usage, likely structured as subscription or usage-based models for enterprise customers.
- Custom Solutions and Consulting: The company delivers custom solutions for banks, insurers, and planners including climate change studies, risk assessments, and integration services. This includes strategic engagements with major banking institutions for climate risk scenario development.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Custom enterprise pricing based on client requirements and API usage |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
Riskscape product offering
Product offeringCore offering
Riskscape is a spatial actuarial technology company that builds and sells geospatial intelligence products combining geospatial data, machine learning, and actuarial expertise. Its portfolio includes Climate Risk modeling (water, fire, land, extreme temperature hazards), Digital Elevation Models (2m/5m DTMs and 1m DSMs across 1.2 million km² of South Africa), Property Information with KYC-verification APIs, Address Search and Mapping plugins, a Market Discovery Financial Data platform, and Solar Feasibility and Penetration assessments. These are delivered primarily via APIs, custom enterprise solutions, and data licensing to banks, insurers, telecoms, energy firms, and government planners.
Product overview
Riskscape operates as a spatial actuarial technology platform offering a portfolio of interconnected products centered on climate risk analysis, financial data solutions, and geospatial intelligence. The core offerings include Climate Risk (encompassing Water Risk, Fire Risk, Land Risk, and Extreme Temperatures), Property Information (including Property Identifier API and Property Insurer API), Digital Elevation Models (DTMs and DSMs with 3D building models), Address Search and Mapping, Financial Data through Market Discovery, and Solar Feasibility and Penetration. These products share common data infrastructure including elevation datasets, property information, and financial analytics, enabling integrated risk assessment for banks, insurers, and planners.
Differentiator
Problem solved
Functional benefit
Products and services
- Climate Risk Integrated, high-resolution climate risk modeling product for insurers, planners, and communities, providing assessment of water, land, fire, and extreme temperature physical perils.
- Property Information Comprehensive property intelligence product providing Title Deed and Address identification, cadastral boundaries, structures and extent, replacement cost estimation, deeds and ownership information, plus API access for property verification and insurance risk assessment.
- Digital Elevation Models High-resolution Digital Elevation Models (DTMs and DSMs) for South Africa providing property-level elevation accuracy, 3D building footprints, vegetation analysis, contours, and line-of-sight capabilities for flood modeling, terrain analysis, and infrastructure planning.
- Address Search and Mapping Geospatial intelligence tools offering real-time dynamic mapping, address autocomplete, address details, reverse geocoding, and meter-level location identification built for South African geographic requirements.
- Financial Data (Market Discovery) Market Discovery financial data platform linking consumer credit and landscape data with spatial data (census demographics, property, land usage) at the subplace level, providing Household Financial Index, Market Financial Dimensions, Automated Property Valuations, loan-to-value calculations, and growth momentum indicators.
- Solar Feasibility and Penetration Solar Penetration and Feasibility Model using satellite imagery and geospatial analysis to detect rooftop solar panels and assess installation viability, including panel orientation, tilt angle, roof type, and carbon credit opportunity.
Quantifiable outcome
- Property-level accuracy for elevation data across South Africa
- +2 more outcomes
Companies that use Riskscape
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles5 records
Riskscape technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature7 records
Riskscape partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and major.
- GeoSpace InternationalcoreNational strategic partnership for aerial data acquisition using Leica DMC III airborne sensor to capture high-quality 25 cm resolution imagery across entire South Africa, transforming 1.2 million km² of imagery into national elevation asset.
- HexagoncorePartnership utilizing HxMap workflow and global Content Program infrastructure to process massive volumes of aerial data, generating precise 1-meter Digital Surface Models (DSMs) through cloud-based processing power.
- Residential Property Market CollaborationcoreFounder and shareholder in South Africa's largest residential property market collaboration, providing comprehensive property intelligence platform.
- Competition CommissionmajorLandmark 2017 Competition Commission Health Market Inquiry study using spatial analytics, establishing Riskscape as trusted partner in government and regulatory work.
- Regional Credit BureaumajorStrategic partnership with one of Southern Africa's largest credit bureaus to integrate spatial data with consumer credit information for enhanced financial intelligence.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Riskscape competitors and assessment
Company assessmentBroad incumbents
- Munich Re: Global reinsurer with significant in-house climate and geospatial analytics capabilities. Comparable as both customer-base and competitor for advanced climate risk modeling in insurance.
- Verisk: Large US-listed data analytics and risk assessment firm serving insurance, financial services, and government. Broader portfolio but overlaps with Riskscape's property risk and climate analytics offerings.
- CoreLogic: Major US property data and analytics provider for insurance, mortgage, and real-estate markets. Comparable in property intelligence and valuation data layer, though much broader in scale.
- RMS (Moody's Risk Management Solutions): Global catastrophe risk modeling platform under Moody's, serving primary insurers, reinsurers, and financial institutions. Compares on catastrophe modeling depth and enterprise reach.
Direct peers
- Climate X: UK-based climate risk analytics provider serving financial institutions and insurers with physical and transition risk modeling. Directly competes in climate hazard analytics for bank and insurance use cases.
- Jupiter Intelligence: US climate risk analytics platform serving insurers, asset managers, and corporations with high-resolution physical risk modeling. Direct competitor in financial-services-grade climate analytics.
- Cape Analytics: US-based property intelligence platform that uses aerial imagery and computer vision to deliver property-level risk and valuation data to insurers and lenders. Closest comparable to Riskscape's property-imagery-to-risk-data approach.
- XDI (Cross Dependency Initiatives): Australia-based climate risk analytics firm focused on asset-level physical risk for infrastructure and real estate. Comparable in delivering climate hazard scores at asset/location granularity.
- Karen Clark & Company (KCC): Specialist catastrophe risk modeling firm providing risk analytics to insurers and reinsurers. Comparable in delivering probabilistic hazard models (flood, wind, earthquake) into underwriting workflows.
Emerging players
- ICEYE: SAR satellite operator providing persistent flood and natural-catastrophe monitoring used by insurers and governments. Adjacent in delivering property/hazard-level geospatial intelligence.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Riskscape social profiles
Digital presenceRiskscape financial estimates
Financial estimateRevenue estimate
Valuation estimate
Riskscape leadership team
Management profileNumber of profiles
Riskscape funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Riskscape 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 Riskscape
What does Riskscape do?
Riskscape is a spatial actuarial technology company that builds and sells geospatial intelligence products combining geospatial data, machine learning, and actuarial expertise. Its portfolio includes Climate Risk modeling (water, fire, land, extreme temperature hazards), Digital Elevation Models (2m/5m DTMs and 1m DSMs across 1.2 million km² of South Africa), Property Information with KYC-verification APIs, Address Search and Mapping plugins, a Market Discovery Financial Data platform, and Solar Feasibility and Penetration assessments. These are delivered primarily via APIs, custom enterprise solutions, and data licensing to banks, insurers, telecoms, energy firms, and government planners.
Is Riskscape a public or private company?
Riskscape is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Riskscape founded?
Riskscape was founded in 2012. It employs 11 to 50 people.
Where is Riskscape based?
Riskscape is headquartered in Centurion, South Africa, in the Africa region.
How does Riskscape make money?
Two revenue lines are on record. Data and API Services are the primary driver. The others are custom Solutions and Consulting.
Who are Riskscape's main competitors?
Broad incumbents on record are Munich Re, Verisk, CoreLogic and RMS (Moody's Risk Management Solutions). Direct peers are Climate X, Jupiter Intelligence, Cape Analytics, XDI (Cross Dependency Initiatives) and Karen Clark & Company (KCC). ICEYE is listed as an emerging player.
Does Riskscape have an API?
Yes. Riskscape offers multiple APIs including a Property Identifier API that enables banks to verify informal and formal structures through geotagged images (meeting KYC and FICA requirements in real-time), a Property Insurer API for insurance quote streamlining, and APIs for Solar Penetration and Feasibility assessments. The platform also provides mapping plugins with address autocomplete, reverse geocoding, and property identification capabilities via API integration.
What industry is Riskscape in?
Riskscape's product category is Geospatial Risk Analytics. Its primary akta.pro industry code is EUABALAC, Asset- & Location-Level Exposure/Vulnerability Analytics (Geospatial, Digital Twins, Critical Infrastructure), with a secondary code of EUABALAA, Climate Hazard & Catastrophe Modeling (Flood, Wind, Wildfire, Heat, Sea-Level Rise). Its NAICS code is 541360 and its SIC code is 8731.