Descartes Underwriting
Active#13 worldwide · Neo-insurersEstimated valuation · Neo-insurers · France
Parametric insurance underwriter covering climate and natural catastrophe risks for corporations and public entities, using satellite and sensor data to trigger automatic payouts, sold through brokers.
Estimated valuation
AI · Neo-insurers ranking (worldwide)- Anchor
- Last known equity round: Series B · USD 120M · Jan 2022
An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method
Uback rankings
How the AI ranks →| Ranking | Tier | Rank | Edition | Next update |
|---|---|---|---|---|
| Neo-insurers · worldwide | Top 39 | #13 | Edition 0 · Oct 2026 | 18 Dec 2026 |
Funding history
| Date | Round | Amount | Type | Investors |
|---|---|---|---|---|
| Jan 2022 | Series B | USD 120M | Equity | Serena, Cathay Innovation, Blackfin |
Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.
Latest news
All funding or secondary sale news →Picked up from the press by Uback’s watch and summarised by Uback, with a link to the original article.
Independent analyses
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Comparable companies in neo-insurers
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Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.