
Intelligently driving sustainability
What they do: SaaS climate and nature risk analytics platform (Riise) that translates risks into financially quantified metrics
Founded: 2021, spun out of the University of Cambridge Centre for Risk Studies
Headquarters: Cambridge, UK (with a US office in New York)
Employees: ~125
Funding: About $34.3M total; $26M Series B (Feb 2023)
Climate and nature risk analytics for enterprise and financial decision-making
2021
Climate risk analytics / Sustainability SaaS
8400000.00
Reported as £6M (~$8.4M) led by IQ Capital; participants included National Grid Partners, Tokio Marine, and Castor Ventures
26000000.00
Led by Quantum Innovation Fund; existing investors including IQ Capital and National Grid Partners participated
“Investors include sector-focused funds and corporate investors (Quantum Innovation Fund / Quantum Energy Partners, IQ Capital, National Grid Partners, Tokio Marine, Castor Ventures)”