Descartes Underwriting

French tech company | Builders Republic

About

Parametric insurance provider for large corporates facing climate and catastrophe risks — offering 35+ products covering drought, flood, wildfire, earthquake, and cyber events, with payouts triggered by measurable physical parameters (rainfall, temperature) rather than traditional claims assessment, distributed through corporate brokers.

Key facts

Status
Active
Sectors
Fintech & Insurtech
Latest stage
Series B
Founded
2018
City
PARIS
Region
IDF
Legal name
DESCARTES UNDERWRITING SAS (DESCARTES UNDERWRITING SAS)
SIREN
843359357
Tracked rounds
2
Amount raised
123 M€ raised since 2020

Recognition

  • French Tech Next40

Funding rounds

  • Series B — 2022
  • Series B — 2020

Investors