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Floodbase Announces Ecosystem Integrity Fund as new Investment Partner, to Accelerate Growth as the Leading Platform for Uncovered Flood Risk

Summary by Intelligence360 News
BROOKLYN, N.Y., Feb. 24, 2025 /PRNewswire/ — Floodbase, the parametric platform for insuring uncovered flood risk, today announced a $5 million investment led by Ecosystem Integrity Fund (EIF) with participation from Pulse Fund. The investment will allow Floodbase to accelerate development of flood insurance programs, cementing its position as the industry standard for a new category of flood insurance. Flooding is the most common and pervasive …
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Intelligence360 News broke the news in on Friday, February 28, 2025.
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