Vidavo Ventures

Floodbase is a technology company specializing in flood monitoring and insurance solutions. It has developed a remote sensing platform that utilizes satellites and artificial intelligence to track floods in real-time, providing critical data without the need for ground equipment. This platform can observe and analyze flood conditions by smoothing difficult terrain and eliminating cloud cover, allowing for accurate assessments of flooded areas. Floodbase's technology supports catastrophe insurers, communities, and watershed managers by identifying risks, monitoring affected populations and assets, pinpointing blocked roads, and quantifying property and agricultural damage. Additionally, the company offers innovative insurance solutions by enabling insurers to incorporate flood protection into existing wind parametric policies, thus addressing a significant protection gap in the market.