Descartes Underwriting
PrivateLast Round
Strategic
Jun 17, 2025
Est. Valuation
$500M
Total Funding Raised
$141M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Descartes Underwriting is an insurtech company that provides data-driven parametric insurance products to protect corporations and governments against climate, cyber, and emerging risks.
Sector
FinTech
Verticals
InsurTech, Compliance & Risk, Environmental Monitoring, Renewable Energy
Business Model
B2B
Customer Profile
Payment Processing Fee
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Descartes Underwriting Comparables
Compare Descartes Underwriting with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Arbol | 87% | |
| NormanMax Insurance Holdings, Inc. | 74% | |
| The Demex Group | 74% |
Descartes Underwriting Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Strategic | Jun 17, 2025 | ||||
| Series B | Jan 31, 2022 | ||||
| Series A | Sep 10, 2020 | ||||
| Seed | Feb 6, 2019 |
Key People
Founding team and executive leadership
Descartes Underwriting Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Mundi Ventures | Series B |
| BlackFin Capital Partners | Series A, Series B, Seed |
| Seaya Ventures | Series B |
| Serena Data Ventures | Series B, Series A |
| Seeya Ventures | Series B |
| Seaya Ventures | Series B |
| BlackFin Capital Partners | Series A, Series B, Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Mar 20, 2026
Serves clients in over 60 countries with more than 20 offices.
- Mar 4, 2026
Reached over 400 corporate clients.
Recent news
Latest coverage and updates
- is_developingSep 3, 2026
Descartes Underwriting Group is developing parametric insurance.
Descartes Underwriting Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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