7Analytics Secures €4 Million to Enhance Flood Risk Prediction

Norwegian startup aims to provide precise flood and landslide models for insurers and asset owners, expanding into the US market.

7Analytics raised €4 million in a seed round led by Scale Capital to improve its AI-driven flood prediction models.
The company uses hydrology, geology, and data science to create high-precision risk assessments for floods and landslides.
Insurers face rising costs due to increased natural disasters, and 7Analytics offers detailed risk data to help manage these challenges.
The startup's platform can issue flood alerts up to 72 hours in advance, aiding in proactive measures to protect assets.
With over 40 clients, 7Analytics plans to use the funding to scale operations in the US and enhance its product offerings.