InsurAngels Suisse supports the growth of Mitigrate in Europe

InsurAngels Suisse has invested in Mitigrate, Europe’s leading flood protection analysis company, to accelerate its expansion into key European insurance markets. This strategic move, which is part of the Mitigrates seed financing round, which is also supported by Lloyd’s of London and the Sarsia Investment Fund, underlines the growing demand for climate-resilient and prevention-oriented solutions.

Conclusion of the seed round with strong investors

Mitigrate’s seed round attracted a great deal of interest, with InsurAngels Suisse Lloyd’s of London and the Sarsia Investment Fund to provide the capital required to scale. The funding will enable Mitigrate to enhance its analytics platform.

“Our mission at InsurAngels is to support start-ups that are redefining insurance by putting prevention and innovation at the center. Mitigrate’s unique approach meets a clear market need across Europe and we are delighted to support the company on its journey,” says Michel Ruggaber, Co-Founder and President of InsurAngels Suisse.

With the successful completion of its seed financing round, Mitigrate is well positioned to scale its AI-powered flood prevention analytics platform. “This investment is an important milestone for Mitigrate. The support of InsurAngels, Lloyd’s of London and Sarsia not only validates our vision, but also provides us with the expertise and network to expand across Europe,” says Laurent Feuilleaubois, CEO of Mitigrate.