What is Reask?
Headquartered in Sydney, Reask leverages cutting-edge data science and machine learning to develop sophisticated natural hazard models. The company's core technology focuses on tropical cyclone wind field and terrain interaction, enabling efficient simulation of probabilistic ground-level wind risk at landfall. Reask's models accurately represent wind field asymmetries and the influence of topography and land use globally, positioning it as a key player in the climate risk analytics sector.
How much funding has Reask raised?
Reask has raised a total of $4.6M across 1 funding round:
Angel/Seed
$4.6M
Angel/Seed (2023): $4.6M with participation from SV Angel, Collaborative Fund, Macdoch Ventures, and Tencent
Key Investors in Reask
SV Angel
SV Angel is a long-term investment firm dedicated to supporting founders in creating impactful businesses. They prioritize building strong partnerships by advocating for founders and providing essential resources, strategic insights, and a vast network to help companies scale.
Collaborative Fund
Collaborative Fund is a leading source of capital and strategic support for entrepreneurs pushing the world forward, with a track record of early investments in prominent companies like Beyond Meat and Lyft.
Macdoch Ventures
Macdoch Ventures is a venture capital firm specializing in pre-seed and seed investments, focusing on B2B SaaS, marketplaces, and tech-related ventures, aiming to be the earliest partner for startups looking to launch globally.
What's next for Reask?
The recent major strategic investment signals a new phase of growth and development for Reask. This capital infusion is expected to accelerate the company's product development, expand its market reach, and further enhance its proprietary modeling capabilities. Reask is poised to solidify its position as a leader in providing granular and accurate natural hazard insights, crucial for industries facing increasing climate-related risks.
See full Reask company page
