reThought Flood Overview
- Year Founded
-
2017
- Status
-
Private
- Employees
-
40
- Latest Deal Type
-
Series B
- Latest Deal Amount
-
$11.5M
- Investors
-
15
reThought Flood General Information
Description
Operator of a managing general agency intended to offer commercial flood insurance on behalf of carriers. The company's services mainly focus on forming strategic relationships with insurers, reinsurers, and other capacity providers to offer insurance through its underwriting methodology and risk assessment technology, enabling enterprises to access critical insurance services cost-effectively.
Contact Information
Website
rethoughtflood.comCorporate Office
- 11001 West 120th Avenue
- Suite 400
- Broomfield, CO 80021
- United States
Corporate Office
- 11001 West 120th Avenue
- Suite 400
- Broomfield, CO 80021
- United States
reThought Flood Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC (Series B) | 06-Jul-2023 | $11.5M | Completed | Generating Revenue | ||
| 4. Early Stage VC (Series A) | 22-Feb-2021 | Completed | Generating Revenue | |||
| 3. Debt - PPP | 06-Apr-2020 | Completed | Generating Revenue | |||
| 2. Seed Round | 23-Aug-2018 | $2.9M | $4.2M | Completed | Product In Beta Test | |
| 1. Accelerator/Incubator | 13-Oct-2017 | $1.3M | $1.3M | Completed | Product In Beta Test |
reThought Flood Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-1 | ||||||||
| Series A | ||||||||
| Seed-1 | 2,097,119 | $0.000010 | $0.99 | $0.99 | 1x | $0.99 | 9.39% | |
| Seed | 1,712,047 | $0.000010 | $1.1 | $1.1 | 1x | $1.1 | 7.67% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
reThought Flood Comparisons
Industry
Financing
Details
reThought Flood Competitors (2)
One of reThought Flood’s 2 competitors is Neptune Insurance Holdings, a Formerly PE-Backed company based in Saint Petersburg, FL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Neptune Insurance Holdings | Formerly PE-Backed | Saint Petersburg, FL | ||||
| Taurus Flood | Formerly PE-Backed | Tampa, FL |
reThought Flood Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
reThought Flood Patents
reThought Flood Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-4602532-A1 | An ensemble approach to predictive damage analytics | Pending | 11-Oct-2022 | ||
| US-20260330330-A1 | An ensemble approach to predictive damage analytics | Pending | 11-Oct-2022 | ||
| WO-2024081334-A1 | An ensemble approach to predictive damage analytics | Inactive | 11-Oct-2022 | G06Q10/04 |
reThought Flood Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
reThought Flood Investors (15)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Connecticut Innovations | Venture Capital | Minority | ||
| IA Capital Group | Venture Capital | Minority | ||
| ArcTern Ventures | Venture Capital | Minority | ||
| HSCM Ventures | Venture Capital | Minority | ||
| Titanium Ventures | Venture Capital | Minority |
reThought Flood Acquisitions (1)
reThought Flood’s most recent deal was a Merger/Acquisition with Cyber Boxer AI. The deal was made on 12-Sep-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Cyber Boxer AI | 12-Sep-2023 | Merger/Acquisition | Network Management Software |
reThought Flood FAQs
-
When was reThought Flood founded?
reThought Flood was founded in 2017.
-
Where is reThought Flood headquartered?
reThought Flood is headquartered in Broomfield, CO.
-
What is the size of reThought Flood?
reThought Flood has 40 total employees.
-
What industry is reThought Flood in?
reThought Flood’s primary industry is Property and Casualty Insurance.
-
Is reThought Flood a private or public company?
reThought Flood is a Private company.
-
What is reThought Flood’s current revenue?
The current revenue for reThought Flood is .
-
How much funding has reThought Flood raised over time?
reThought Flood has raised $31.2M.
-
Who are reThought Flood’s investors?
Connecticut Innovations, IA Capital Group, ArcTern Ventures, HSCM Ventures, and Titanium Ventures are 5 of 15 investors who have invested in reThought Flood.
-
Who are reThought Flood’s competitors?
Neptune Insurance Holdings and Taurus Flood are competitors of reThought Flood.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process
