# Top 12 Parametric Insurance Startups Worldwide by Funding (2026)

> The 12 best-funded parametric insurance startups worldwide, ranked by total funding raised: $231M combined.

Source: https://millionrounds.com/top-lists/parametric-insurance-startups (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Descartes Underwriting** Descartes Underwriting is a global InsurTech company based in Paris, founded in 2019.](https://millionrounds.com/company/descartes-underwriting) Descartes Underwriting is a global InsurTech company based in Paris, founded in 2019. *Founded* 2019 Paris, France **$120M** last round Jan 2022
- 2 [**Arbol** Arbol is a global climate risk coverage platform and FinTech company based in New York, founded in 2018.](https://millionrounds.com/company/arbol) Arbol is a global climate risk coverage platform and FinTech company based in New York, founded in 2018. *Founded* 2018 New York, United States **$60M** last round Jun 2025
- 3 [**FloodFlash** FloodFlash is an insurance technology company that provides parametric flood insurance to the mass market.](https://millionrounds.com/company/floodflash) FloodFlash is an insurance technology company that provides parametric flood insurance to the mass market. *Founded* 2017 London, United Kingdom **$13M** last round May 2023
- 4 [**Adaptive insurance** Adaptive Insurance is an insurtech startup based in Austin, Texas, founded in 2024 by Mike Gulla and Arik Yelovitch.](https://millionrounds.com/company/adaptive-insurance) Adaptive Insurance is an insurtech startup based in Austin, Texas, founded in 2024 by Mike Gulla and Arik Yelovitch. *Founded* 2024 Austin, United States **$10M** last round Jul 2026
- 5 [**MIC Global** MIC Global is a digital microinsurance company based in New York, specializing in embedded parametric microinsurance aimed at providing income protection for in](https://millionrounds.com/company/mic-global) MIC Global is a digital microinsurance company based in New York, specializing in embedded parametric microinsurance aimed at providing income protection for in *Founded* 2020 New York, United States **$6.0M** last round Jan 2024
- 6 [**Neptune Mutual** Neptune Mutual is a decentralized parametric insurance protocol founded in 2021.](https://millionrounds.com/company/neptune-mutual) Neptune Mutual is a decentralized parametric insurance protocol founded in 2021. *Founded* 2021 Road Town, United Kingdom **$5.3M** last round May 2022
- 7 [**Floodbase** Floodbase is an AI and data platform focused on providing insurance solutions for flood risks that have traditionally been overlooked.](https://millionrounds.com/company/floodbase) Floodbase is an AI and data platform focused on providing insurance solutions for flood risks that have traditionally been overlooked. *Founded* 2015 New York, United States **$5.0M** last round Feb 2025
- 8 [**Plover Parametrics** Plover Parametrics is a specialty insurance brokerage founded in 2022, focusing on parametric insurance solutions for climate-related and emerging risks.](https://millionrounds.com/company/plover-parametrics) Plover Parametrics is a specialty insurance brokerage founded in 2022, focusing on parametric insurance solutions for climate-related and emerging risks. *Founded* 2022 New York, United States **$5.0M** last round Apr 2024
- 9 [**Exante** Exanteis an insurance platform that offers parametric insurance solutions.](https://millionrounds.com/company/exante) Exanteis an insurance platform that offers parametric insurance solutions. *Founded* 2019 United States **$2.6M** last round Apr 2025
- 10 [**Ficus** Ficus is a parametric insurance platform.](https://millionrounds.com/company/ficus) Ficus is a parametric insurance platform. *Founded* 2023 United States **$2.4M** last round May 2026
- 11 [**Meteo Protect** Meteo Protect is an insurance underwriting and technology company specializing in parametric insurance.](https://millionrounds.com/company/meteo-protect) Meteo Protect is an insurance underwriting and technology company specializing in parametric insurance. *Founded* 2003 Paris, France **$1.5M** last round Jul 2014
- 12 [**Orakle Weather** Orakle Weather offers parametric weather insurance and analytics with data-driven triggers and automated payouts.](https://millionrounds.com/company/orakle-weather) Orakle Weather offers parametric weather insurance and analytics with data-driven triggers and automated payouts. *Founded* - Paris, France **$559K** last round May 2026

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose own description names this theme, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

Open any company for its rounds and investors, or search the investors who back parametric insurance startups worldwide in the app, with filters, lists and exports.

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## More lists worldwide

[See all](https://millionrounds.com/top-lists?r=Global)

[*GV* *V* *RP* **Health startups worldwide** 12,811 companies · $81B](https://millionrounds.com/top-lists/health-startups)[*O* *A* *X* **AI startups worldwide** 10,238 companies · $830B](https://millionrounds.com/top-lists/ai-startups)[*GV* *V* *RP* **Biotech startups worldwide** 7,127 companies · $70B](https://millionrounds.com/top-lists/biotech-startups)[*D* *B* *FT* **Big data startups worldwide** 3,812 companies · $220B](https://millionrounds.com/top-lists/big-data-startups)[*AF* *R* *S* **Fintech startups worldwide** 3,200 companies · $94B](https://millionrounds.com/top-lists/fintech-startups)[*O* *A* *B* **AI startups that raised in 2026** 2,922 companies · $540B in 2026](https://millionrounds.com/top-lists/ai-startups-raised-2026)[*FT* *CE* *P* **Energy providers startups worldwide** 2,808 companies · $152B](https://millionrounds.com/top-lists/energy-providers-startups)[*A* *P* *O* **Marketing tech startups worldwide** 2,728 companies · $28B](https://millionrounds.com/top-lists/marketing-tech-startups)