Previsico, a live flood-alert insurtech, closed its Series A funding round with backing from Connecticut Innovations and BlueOrchard Finance (Schroders Group) to accelerate global expansion. The investment will help scale its real-time flood forecasting technology, which combines IoT sensors, weather data, and predictive modelling to help insurers, governments, and businesses mitigate flood risks amid rising climate-related losses. With flooding projected to cause $850 billion in annual global damages by 2050, Previsico’s growth aims to strengthen climate resilience in both developed and emerging markets through advanced, accessible flood-risk intelligence. 

Previsico Secures Series A Funding to Accelerate Global Growth