Flashpoint Venture Capital has invested $23 million in GEOX, an AI-powered platform for analyzing climate-related real estate risks, underscoring demand for advanced risk management solutions in the insurtech sector.
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Flashpoint Venture Capital recently announced its 17th investment in Israel in GEOX, a company specializing in an AI-powered platform that assesses real estate risks associated with climate-related disasters. With a total funding of $23 million since its inception, GEOX has positioned itself at the forefront of risk analysis technology in the real estate sector. The company leverages cutting-edge artificial intelligence to conduct comprehensive 3D analyses of aerial imagery, enabling precise evaluations of properties.
GEOX’s innovative technology equips insurers and financial institutions with the critical insights needed to understand potential risks posed by natural disasters such as hurricanes, floods, and wildfires. The platform allows for detailed assessments, emphasizing property specifics such as location, material condition, and structural characteristics, thereby facilitating accurate insurance pricing and enhancing risk management strategies.
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Flashpoint Venture Capital
invested in
GEOX
in 2024
in a Series A deal
Disclosed details
Transaction Size: $23M