Risilience
SaaS platform for quantifying climate and nature-related risks.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $26.0m | Series B | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 69 % |
| 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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Risilience is a climate analytics firm that provides a software-as-a-service (SaaS) platform to help corporations assess climate risks and manage their transition to a low-carbon economy. Spun out of the University of Cambridge's Centre for Risk Studies, the company leverages research frameworks and data analytics to help businesses quantify the financial impact of climate-related risks and opportunities. The company was co-founded by Dr. Andrew Coburn, who serves as CEO, Professor Daniel Ralph (Chairman), Dr. Michelle Tuveson, and Simon Ruffle. Dr. Coburn was an architect of the models and analytics behind the platform and has a background in the catastrophe modeling industry for insurance.
The Risilience platform uses 'digital twin' technology to allow businesses to stress test the effects of various transitional and physical risks, such as regulatory changes, consumer sentiment, and litigation. This enables clients to generate reports aligned with frameworks like the Task Force on Climate-related Financial Disclosures (TCFD), monitor their progress towards net-zero emissions, and make informed strategic decisions. The company serves large corporate clients across various sectors, including Nestlé, Burberry, easyJet, and Tesco. Its business model is based on providing its analytics and SaaS platform to corporate businesses.
Risilience has raised a total of $34.3 million over two funding rounds. A Series A round in October 2021 raised $8.4 million (£6 million) and was led by IQ Capital, with participation from Tokio Marine and Castor Ventures. This was followed by a $26 million Series B round in February 2023, led by Quantum Innovation Fund, alongside existing investors IQ Capital and National Grid Partners. The capital is being used to expand the platform's functionality and for international growth, particularly in the United States.
Keywords: climate risk analytics, sustainability intelligence, transition risk management, net-zero planning, enterprise risk management, SaaS, financial impact quantification, TCFD reporting, digital twin technology, decarbonisation strategy, climate scenario analysis, corporate sustainability, environmental risk, ESG analytics, Cambridge Centre for Risk Studies, Andrew Coburn, climate resilience, regulatory compliance, low-carbon economy, supply chain risk