TechCrunch
Kettle books $25M for its reinsurance platform against fire and other catastrophes
Kettle
First Investment: 2021
Kettle is a reinsurer that can help insurance companies hedge against major claims from wildfires. The company’s convolutional neural networks analyze weather data, vegetation, topography, building design, and other factors to predict where wildfires will start and how much damage they might cause. By understanding fire risk at higher resolution, the company can offer insurers cheaper reinsurance.
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