What is class 3?
Class 3 is a startup focused on creating sophisticated tools designed to evaluate climate risk specifically for the built environment. Led by Founder and CEO Ibbi Almufti, the company aims to provide critical insights for property owners, developers, and insurers navigating the increasing challenges posed by climate change. Their technology is poised to become an essential component in sustainable building practices and resilient infrastructure development.
How much funding has class 3 raised?
class 3 has raised a total of $3.5M across 1 funding round:
Seed
$3.5M
Seed (2025): $3.5M with participation from Tailwind Ventures, Sustainable Future Ventures, and Powerhouse Ventures
Key Investors in class 3
Tailwind Ventures
Tailwind Ventures is a capital readiness partner focused on growth ventures, providing structure and financial expertise to prepare businesses for securing funding. They also vet investment-ready ventures for investors, facilitating access to new opportunities.
Sustainable Future Ventures
Sustainable Future Ventures provides venture capital for the built environment, aiming to transform how the world's largest asset class is financed, built, and utilized to achieve better outcomes for people and the planet.
Powerhouse Ventures
Powerhouse Ventures Corp operates within the Information & Document Management industry, focusing on companies that manage and process critical data. Their investment in Class 3 suggests an interest in data-driven solutions for environmental risk assessment.
What's next for class 3?
The recent major strategic investment positions Class 3 for accelerated growth and market penetration. This capital will likely fuel further development of their assessment tools, expansion of their engineering and sales teams, and strategic partnerships within the real estate and climate tech sectors. The company's focus on enterprise-level solutions suggests a trajectory towards becoming a key player in the climate risk analytics space for commercial and industrial properties.
See full class 3 company page
