
Geosapiens
Provides products and services for better understanding and managing flood risks.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor | €0.0 | round | |
N/A | €0.0 | round | |
$300k | Grant | ||
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Geosapiens is a Canadian firm specializing in the modeling and management of flood risks. The company was established in 2017 in Quebec City by Hachem Agili and Karem Chokmani, emerging from a research team at the Institut national de la recherche scientifique (INRS). The founders' backgrounds are deeply rooted in geospatial science and hydrology; CEO Hachem Agili holds degrees in telecommunication engineering and GIS, with extensive experience in flood risk modeling projects, while scientific advisor Karem Chokmani is a professor and researcher at INRS specializing in geomatics and statistical hydrology. Their collective research into dynamic flood risk mapping and the creation of an initial tool called GARI (Flood Risk Management and Analysis) laid the groundwork for Geosapiens.
The company's core business involves providing web-based solutions that simulate floods and assess the associated risks for both current and future climates, covering fluvial, pluvial, and coastal flood types. Its business model is centered on offering these sophisticated decision-support tools to a diverse client base that includes insurers, municipalities, emergency services, and real estate professionals. By leveraging geospatial data, the company delivers dynamic, predictive flood mapping and financial modeling of flood risk down to the individual building level. This allows clients to better understand, prevent, and manage flood-related impacts. Revenue is generated through these products and services, which can be integrated into client systems via API, a web portal, or web data services.
Geosapiens' flagship product is the E-NUNDATION platform, which evolved from the team's earlier research. A key achievement is the development of a Canada-wide flood model, a first from a Canadian company. This model provides flood mapping with a spatial resolution of 1 meter in areas with available Lidar data, using a consistent methodology across the country. The firm has secured funding from investors including the Canadian Space Agency and Co-operators, a major Canadian insurance provider, to accelerate the nationwide deployment of its models. These strategic investments underscore the industry's need for precise and reliable flood risk data to enhance climate resilience.
Keywords: flood risk modeling, geospatial data, climate resilience, risk management, hydrology, geomatics, flood mapping, E-NUNDATION, insure-tech, climate-tech, environmental services, natural disaster prediction, predictive analytics, property risk assessment, crisis management tools, statistical hydrology, remote sensing applications, financial risk modeling, hydroclimatic hazard, water resource management