Fundz

The Demex Group Raises $9 Million

PRIVATEDec 02, 2021

Amount Raised

$9 Million

Round Type

Funding Round

WashingtonInformation TechnologySustainabilityFinancial ServicesSoftwareAnalyticsInsurance

Description

The Demex Group, the technology company behind a first-of-its-kind platform for analyzing, pricing, and transferring climate-linked risks at scale, today announced it has raised $9 million in Series A funding led by financial services and technology investors, Anthemis Group, Blue Bear Capital, and QBE Ventures. IA Capital Group also participated in this round of funding; both Anthemis and IA Capital led Demex's $4.2 million seed round announced a year ago.

Quick answer

The Demex Group raised $9 Million in a Funding Round round, dated December 2, 2021. The Demex Group is based in Washington, District Of Columbia, United States.

How much did The Demex Group raise?
The Demex Group raised $9 Million in a Funding Round round on December 2, 2021.
What does The Demex Group do?
Demex is an independent data and analytics company that partners with reinsurance brokers, insurers, and reinsurers to solve the rising challenge of frequent property losses from secondary perils.
Where is The Demex Group based and how big is it?
The Demex Group is based in Washington, District Of Columbia, United States. Fundz records about 27 employees.
Who are the decision-makers at The Demex Group?
Fundz holds 1 contact at The Demex Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Sustainability and Financial Services around the same time

Companies in the same sectors as The Demex Group that raised within 45 days of this round, from Fundz verified event records.

  • Accelerant raised an undisclosed amount (Funding Round) on January 12, 2022.
  • Anchorage Digital raised $350M (Series D) on December 15, 2021.
  • Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
  • InsurePay raised an undisclosed amount (Series B) on January 11, 2022.
  • CAIS raised $225M (Funding Round) on January 11, 2022.
  • Iron Park Capital raised an undisclosed amount (Corporate Round) on January 6, 2022.

Who to call at The Demex Group, and when

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Company Information

Company

The Demex Group

Location

Washington, District Of Columbia, United States

About

Demex is an independent data and analytics company that partners with reinsurance brokers, insurers, and reinsurers to solve the rising challenge of frequent property losses from secondary perils. Demex models loss accumulation based on weather and claims data, informed by climate research, and provides parametric stop-loss solutions that meet the needs of insurers and reinsurers. Demex is a market-maker for a class of risk that is surpassing catastrophe losses – a cluster of losses from secondary perils that threatens not only insurers' annual earnings but also the sustainability of their businesses.

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The Demex Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.