Descartes Underwriting key facts
as of Oct 2026- Developer of a parametric insurance platform designed to protect organizations and public institutions against natural catastrophes, weather events, and emerging risks through data-driven risk…
- Descartes Underwriting is valued at approximately $717.2M as of Oct 2026 (last reported valuation).
- It has raised $143.4M; the latest was Later Stage VC in Jun 2025.
- Notable investors include La French Tech, Battery Ventures, Cathay Innovation, European Space Agency, Cathay Capital — 13 tracked in total.
- Status: Privately Held (backing).
Descartes Underwriting's last reported valuation, Jan 2022. Nothing priced has surfaced since.
- ·The complete investor list: 13 names
- ·Watch Descartes Underwriting: the Monday email on marks, rounds and moves
Descartes Underwriting funding rounds
No funding rounds for Descartes Underwriting are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.
Who backs Descartes Underwriting
13+Descartes Underwriting valuation
Descartes Underwriting's last reported valuation was $717 million in Jan 2022. No priced round, secondary trade or fund mark has surfaced since.
Descartes Underwriting investors
13 investors are on record for Descartes Underwriting, including La French Tech, Battery Ventures, Cathay Innovation and European Space Agency. By type, the record holds 4 venture capital firms and 2 private equity firms.
About Descartes Underwriting
Developer of a parametric insurance platform designed to protect organizations and public institutions against natural catastrophes, weather events, and emerging risks through data-driven risk transfer. The company offers data-driven parametric insurance products, broker collaboration, and carrier-backed underwriting, enabling corporate clients, brokers, and governments to access technology-based insurance coverage for catastrophic and emerging risks with dependable risk protection.
- Sector
- Financial Services
- HQ
- Paris, France
- Founded
- 2019
- Employees
- 257
- Website
- descartesunderwriting.com/
- Ownership
- Privately Held (backing)
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