United Kingdom · Computer software startup

Climate X

Climate X is a London-based climate risk data and analytics company founded in 2020.

Funding reportedLast round: Series A

Computer softwareLondon, United Kingdom

About Climate X

Climate X is a London-based climate risk data and analytics company founded in 2020.

It offers a software platform and APIs designed to help financial institutions, real estate owners, and consulting groups manage and build resilience against physical climate risks at the asset level. The company is recognized for its flagship product, Spectra, which provides asset-level climate risk ratings, loss estimates, and modeling of future weather events. With a strong focus on B2B clients in the FinTech and Financial Services sectors, Climate X serves banks, asset managers, insurance companies, and governmental institutions. The company is a certified B Corporation and has raised approximately $24.6 million in funding to support its global expansion. Climate X's unique approach combines climate models with real-world data, offering intuitive hazard visualization and scenario analysis to help organizations make informed decisions regarding climate risk.

What company datasets say Climate X raised

Funding, as reported

Reported in all25.6Min the source's currency
Last roundSeries A
Last round size18.7M
Last round dateJun 2024
Investors listed5

Funding filed with regulators

Climate X filed one raise, $1.5M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Jul 2021$1.5MUK share allotment

Founders and team

From Climate X's own website: 1 on the team.

  • Tessa KingsleyProject Manager

AdvisersDavid CarlinIván MarkmanSunil Kappagoda

The company, in detail

What they build

Known for

climate hazard data analyticsstress testingclimate change impactcustomer engagementclimate hazard risk assessmentfinancial institutionsclimate risk data platformrisk quantificationclimate risk industry standardsclimate risk analyticsclimate hazard modelingclimate risk forecastsconstruction & real estateother scientific and technical consulting servicesfinancial impact analysisclimate hazard scenario analysis

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Sector
Computer software
Industry code
NAICS 54169, 51321, 51929, SIC 8731, 7372, 7375
Region
England
Revenue
12.9M a year, as listed

Computer software in United Kingdom

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