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Cape Analytics

Cape Analytics

An information technology services company that uses geospatial imagery to create property intelligence for buildings within the United States. It is located in Mountain View, California and was founded in 2014.

Cape Analytics is a California-based technology company with a product which produces instant images to the firms that protect and finance homes and businesses so that they can create accurate risk profiles and appropriate property assessments. The technology is meant to save insurance companies from sending a person out to complete the property assessment and avoid encountering potentially dangerous situations, such as examining roofs.

Product

The company has products for insurance and reinsurance purposes. Within the insurance portion, the company offers quotes by utilizing data it has from its geospatial images. The images can show if any changes have been made to the property, thus affecting the insurance assessment. It also aids with underwriting, allowing for carriers to make accurate underwriting decisions.

Within the reinsurance portion of the company, clients can use Cape Analytics to add a secondary modifier to cedant portfolio data before assessment. This part of the company also utilizes the database that has been created via geospatial imaging of homes and businesses.

Timeline

July 15, 2021
Cape Analytics raises a $44,000,000 series C round from Aquiline Technology Growth, Brewer Lane Ventures, Pivot Investment Partners, State Farm Ventures and The Hartford.
June 2018
Cape Analytics raises a $17,000,000 series B round from CSAA Insurance Group, Nephila Capital, State Auto Labs, The Cincinnati Insurance Companies, The Hartford and XL Innovate.
November 2016
Cape Analytics raises a $14,000,000 series A round from Data Collective, Dylan Taylor, Formation 8, Lux Capital Management, Montage Ventures, Promus Ventures and XL Innovate.
2014
Cape Analytics was founded by Ryan Kottenstette and Suat Gedikli.

Funding Rounds

Patents

Further Resources

Title
Author
Link
Type
Date

How Cape Analytics is using AI and aerial imagery for home insurance inspections

Paul Sawers

Web

February 1, 2019

Predictive & Transparent Wildfire Risk Analytics for Insurance

CAPE Analytics

Web

News

Title
Author
Date
Publisher
Description
FinSMEs
July 15, 2021
FinSMEs
About | Advertise | Contact | Disclaimer | News | The Daily Deal Newsletter FinSMEs.com by FinSMEs is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.

References

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