USA – The Demex Group, a Washington, DC-based provider of a platform for analyzing, pricing, and transferring climate-linked risks at scale, raised $9m in Series A funding.
The round was led by Anthemis Group, Blue Bear Capital, and QBE Ventures with participation from IA Capital Group. In conjunction with the funding, Blue Bear Capital’s Hank Hattemer joined the Demex Board of Directors. The company intends to use the funds to expand operations and its business reach.Led by Ed Byrns, CEO and Founder, The Demex Group provides businesses with a tech platform to analyze, price and transfer climate-linked risks at scale and manage risk and create opportunity.The Demex Climate Indicator recently launched as a free public resource for at-a-glance, easy-to- understand analysis of localized climate spanning multiple weather variables including summer-heat, winter-chill, rainfall, and snowfall. The Center includes over 650,000 unique climate assessments.03/12/2021
