Eoliann provides a climate analytics platform that utilizes APIs to deliver real-time assessments of asset vulnerability and risk associated with climate events. This technology enables financial institutions and insurers to quantify the probability and impact of natural disasters, addressing the significant underestimation of climate risks in the industry.
Funding
$1.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
PCFounders
Product
Problem
Financial institutions, insurers, and infrastructure companies often underestimate the impact of climate change, leading to inaccurate risk assessments and potential economic losses. Traditional methods fail to adequately quantify the probability, intensity, and vulnerability of assets to specific climate events. This underestimation can result in inadequate preparation for natural disasters and flawed investment decisions.
Solution
Eoliann offers a climate analytics platform that leverages APIs and AI to provide real-time assessments of asset vulnerability and risk associated with climate events. The platform enables users to quantify the probability and impact of natural disasters on specific assets, facilitating data-driven decisions for climate resilience. By integrating Earth Observation data and Machine Learning, Eoliann delivers precise evaluations of climate risk, helping organizations to better prepare for and mitigate potential economic losses. This technology supports financial institutions, insurers, and infrastructure companies in making informed decisions to prevent climate impacts.
Target Audience
The primary target audience includes financial institutions, insurance companies, and infrastructure and energy companies seeking to quantify and mitigate climate-related risks to their assets.
Features
- Climate event risk assessment through APIs
- Quantifies the probability, intensity, and vulnerability of an asset for every climate event
- Supports financial institutions, insurances, infrastructure and energy companies
- Data-driven decisions to prevent climate impacts
- Real-time assessments of asset vulnerability
- Integration of Earth Observation and Machine Learning