Floodbase Releases Flood Solution for Parametric Hurricane Policies that Protect Against Increasingly Stronger, Slower, and Wetter Hurricanes

Formerly Cloud to Street, flood data company Floodbase unveiled a new brand and $12m Series A funding round led by Lowercarbon Capital to make parametric flood insurance policies available worldwide, protecting consumers and supporting climate change adaptation NEW YORK--(BUSINESS WIRE)--Floodbase, a climate adaptation technology company that provides precise, near real-time data and analysis on flooding and flood risk, today announced its new brand. The company also launched a new feature that enables insurers to add flood protection to existing wind parametric policies, creating the first-ever comprehensive hurricane parametric insurance offerings. As climate change makes storms stronger and wetter, Floodbase’s flood data makes it p