Descartes Underwriting

Paris, France · Founded 2019 · Privately Held (backing)

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 based in Paris, France and was founded in 2019. Its last reported valuation was $717 million in Jan 2022. It has raised $143 million.

Last reported valuation
$717.2M
Oct 2026
Priced at
—
Total raised
$143.4M
Last round
—

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).
Last reported valuation
LOW confidence
$717.2M

Descartes Underwriting's last reported valuation, Jan 2022. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Descartes Underwriting funding rounds

No rounds on record

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.

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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
Ownership
Privately Held (backing)

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