BETA · In development—Rankings and features improve every week.Spotted an error?Tell us →
Sign in / Register

Descartes Underwriting

Active#13 worldwide · Neo-insurers

Estimated 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.

HQFrance
Last roundSeries B · Jan 2022

Estimated valuation

AI · Neo-insurers ranking (worldwide)
≈ USD 620MUSD 410–930M · Hundreds of M$
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 →
RankingTierRankEditionNext update
Neo-insurers · worldwideTop 39#13Edition 0 · Oct 202618 Dec 2026
Rank historyOct 2026 · #13 Neo-insurersFirst edition: no movements yet.

Funding history

DateRoundAmountTypeInvestors
Jan 2022Series BUSD 120MEquitySerena, 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.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of Descartes Underwriting as a PDF. It must answer at least one of these four questions, and stick to them:

AI valuation: $620MUndervalued or overvalued?
Versus competitorsHow does it compare?
Who should acquire itStrategic buyers, and why
Who should it acquireAcquisition targets, and why
Publish an analysisName, role and LinkedIn shown · public sources only

Analyses are the opinion of their authors, not of Uback. They are checked before publication.

Comparable companies in neo-insurers

Full neo-insurers ranking →

Last updated: Oct 2026Report an error

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.