What is FloodMapp?
FloodMapp, founded in 2016 and headquartered in Australia, has developed a purpose-built hydraulic modeling system designed to offer emergency managers rapid and localized flood data. The platform aims to enhance disaster preparedness and response by providing precise, actionable information. The company's focus on critical infrastructure and public safety positions it as a key player in the climate resilience and disaster management technology sector.
How much funding has FloodMapp raised?
FloodMapp has raised a total of $8.5M across 1 funding round:
Angel/Seed
$8.5M
Angel/Seed (2022): $8.5M with participation from Union Square Ventures, Jelix Ventures, Climatex, and Mundi Ventures
Key Investors in FloodMapp
Union Square Ventures
Union Square Ventures is a New York City-based venture capital firm that invests in transformative markets influenced by technological and societal changes, focusing on innovative companies poised for growth.
Jelix Ventures
Jelix Ventures is an early-stage venture capital firm that supports bold founders in Australia and New Zealand, focusing on investing in innovative startups that aim to create a better future.
Climatex
CLIMATEX develops patented textile technologies and Cradle-to-Cradle certified textiles with a focus on circularity, design for disassembly, and the circular economy, addressing global waste issues.
What's next for FloodMapp?
With the recent major strategic investment, FloodMapp is poised for accelerated growth and market expansion. The substantial enterprise-level funding suggests a strategic focus on scaling operations, enhancing its technological capabilities, and potentially broadening its service offerings to a wider range of clients, including governmental agencies and large-scale infrastructure projects. This capital infusion will likely fuel further innovation in flood prediction and risk assessment technologies, solidifying FloodMapp's position in the climate tech and emergency response markets.
See full FloodMapp company page