Mitigrate

📍 Oslo, Norway🗓 Founded 2021👥 12 employees💰 Last funded Feb 2022
Environmental Services🌐 mitigrate.com
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A growing number of natural disasters led to a 2000% increase in climate insurance claims since the 1970s, reaching $630b worldwide in the 2010s. Continued acceleration will lead climate insurance systems to collapse unless prevention is implemented.  Mitigrate is a ClimateTech SaaS startup generating fully automated analyses leading to prioritized preventive measures for reducing climate damages on real estate, starting with flooding, to be extended to other risks (drought, heat, wildfire, landslide, biodiversity, wind). Thanks to high-resolution satellite images, our map-based AI models, and optimization algorithms predict how 50+ climate-positive prevention measures can be implemented to reduce risk. Business value stems from reducing risks on individual assets and prioritizing preventive measures within large portfolios of commercial & residential real estate. Since 01/01/23, the EU Taxonomy has made prevention mandatory for insurers throughout Europe. 
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Total investors
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Early stage
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Mid stage
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2021
Founded

Investors

1 investor
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Investor geography1 country
Norway
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Frequently asked questions
Who invested in Mitigrate?
Mitigrate has 1 investor on record on gritt.io, including 1 early-stage backers.
When did Mitigrate last raise funding?
The most recent investment in Mitigrate recorded on gritt.io was in February 2022.
When was Mitigrate founded?
Mitigrate was founded in 2021.
What industry is Mitigrate in?
Mitigrate operates in Environmental Services. Find similar Environmental Services investors on gritt.io.
Where is Mitigrate based?
Mitigrate is headquartered in Oslo, Norway.