Anthony R. O’Donnell // February 11, 2022
(Image source: FloodFlash.)
FloodFlash (London), a parametric insurance technology company that pays catastrophic flood claims within 48 hours, has announced a Series A capital raise of $15m. The round was led by Chicago-based Buoyant Ventures with San Francisco fund Munich Re Ventures (MRV) featuring as both an investor and commercial partner. Sony Financial Ventures/Global Brain (Tokyo), MS&AD Ventures (San Francisco) and PropTech1 (Berlin) all participated in the round alongside existing investors Pentech, Local Globe and Insurtech Gateway.