Reask
Founded Year
2018Stage
Series A | AliveTotal Raised
$8.6MLast Raised
$4M | 8 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+56 points in the past 30 days
About Reask
Reask specializes in natural hazard modeling for various sectors, including insurance and finance. The company offers AI-driven tools for extreme weather events and risk forecasting, providing advanced data for reinsurance, insurance-linked securities, financial markets, corporations, and governments. Reask's products include probabilistic hazard maps, historical and stochastic event catalogues, and near-term risk trend forecasting. It was founded in 2018 and is based in Sydney, Australia.
Loading...
Reask's Product Videos
ESPs containing Reask
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The weather risk intelligence market provides insights, tools, and analytics to assess and mitigate weather-related operational risks. Companies in this market offer real-time weather monitoring, historical weather analysis, predictive modeling, and risk assessment tools to help organizations prepare for and respond to weather events such as storms, floods, extreme temperatures, and other meteorol…
Reask named as Outperformer among 15 other companies, including IBM, Maxar Technologies, and RTX.
Reask's Products & Differentiators
DeepCyc
DeepCyc is our long-term probabilistic risk model, providing globally consistent, machine learning built views of tropical cyclone risk. Clients use DeepCyc to select and price risk, as well as to understand and optimise their broader portfolio.
Loading...
Research containing Reask
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Reask in 8 CB Insights research briefs, most recently on Mar 12, 2025.
Mar 12, 2025
Our 6 predictions for the insurance space in 2025
Feb 13, 2025
The wildfire tech market map
Aug 28, 2024 report
Insurtech 50: The most promising insurtech startups of 2024
Mar 1, 2024
The satellite & geospatial tech market map
Aug 1, 2023
Customer perspectives on the Insurtech 50
Nov 3, 2022
3 insurance trends to watch in Q4’22Expert Collections containing Reask
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Reask is included in 9 Expert Collections, including Insurtech.
Insurtech
4,636 items
Companies and startups that use technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Artificial Intelligence (AI)
16,578 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Fintech
14,203 items
Excludes US-based companies
Decarbonization Tech
2,383 items
Companies in the Decarbonization & ESG space, including those working on enterprise and cross-industry decarbonization and emissions monitoring solutions, as well as ESG monitoring and carbon accounting.
Job Site Tech
966 items
Companies in the job site tech space, including technologies to improve industries such as construction, mining, process engineering, forestry, and fieldwork
Aerospace & Space Tech
4,270 items
These companies provide a variety of solutions, ranging from industrial drones to electrical vertical takeoff vehicles, space launch systems to satellites, and everything in between
Latest Reask News
Oct 16, 2025
Created: Oct 16, 2025 07:58 AM ILS Bermuda Convergence 2025 panellists Alex Mican, left, Jamie Rodney, Kent David and Stephen Moss (Photograph by Jessie Moniz Hardy) Tropical cyclones research data is inherently biased towards the United States a cat modeller told the ILS Bermuda Convergence 2025. Jamie Rodney, the chief executive of Reask, based in California, said it was easy to find information about hurricanes in America but much more difficult to find it for areas such as Fiji, Australia or even southeast Asia. Reask is a climate risk analytics firm founded in 2018, which provides high-resolution weather risk analytics and forecasting to help people understand the severity and frequency of extreme weather patterns. “One of the limitations of cat models is that they are not built globally,” Mr Rodney said. He added that this was partly because the US was the best at capturing hurricane data. “They fly planes into hurricanes,” he said. “They have satellites. The guys in Fiji are just really thinking about intensity and location every six hours.” Mr Rodney said Fiji lacked the resources to do more. “The US has the largest exposure so drives the most amount of capital,” he said. “If you need to service the globe or make the world insurable, focusing on the United States is important. But it also creates a bias in the fact that you can’t service the US and the rest of the world with the same resources,” Mr Rodney explained. His firm has dealt with these biases by creating their own data sources to fill the gaps. “That allows us to position ourselves quite nicely to say we are defensible against all of these things,” Mr Rodney said. Kent David, the principal of hazard science and analytics consulting at Cotality, said: “It is not a surprise that there is vastly different descriptions of risk worldwide. The markets are able to capture, accept and accommodate that.” Cotality, also based in California, provides data, analytics, and workflow solutions for the property services industry, helping businesses find opportunities and streamline operations. They offer services such as property data analysis, climate risk modelling, energy efficiency assessments and software for property surveying. Mr David said artificial intelligence was allowing cat modellers to ingest data more quickly and with greater confidence. “The general public often thinks of chat bots when they hear ‘AI’, but in cat modelling AI is a powerful tool for deriving information from large data sets,” he said. His firm builds their models on physical representations of weather phenomena. “That is important,” he said. “However, AI is a great way to reduce cost and increase speed to market.” He said there was tremendous benefit from AI across the economy, but particularly in the cat modelling space.
Reask Frequently Asked Questions (FAQ)
When was Reask founded?
Reask was founded in 2018.
Where is Reask's headquarters?
Reask's headquarters is located at 11 York Street, Sydney.
What is Reask's latest funding round?
Reask's latest funding round is Series A.
How much did Reask raise?
Reask raised a total of $8.6M.
Who are the investors of Reask?
Investors of Reask include BlueOrchard, SV Angel, Tencent, Hawktail, Macdoch Ventures and 4 more.
Who are Reask's competitors?
Competitors of Reask include Demex and 5 more.
What products does Reask offer?
Reask's products include DeepCyc and 3 more.
Who are Reask's customers?
Customers of Reask include AXA, Twelve Capital and Descartes Underwriting.
Loading...
Compare Reask to Competitors
Skyline Partners specializes in providing custom-crafted, data-driven insurance products for various sectors. The company offers services such as data sourcing, policy design, calculation services, underwriting management, and claims notification and management, focusing on transforming data streams into transparent, reactive protection. Skyline Partners primarily serves re/insurers, brokers, underwriting and distribution agents, affinity partners, and government agencies. It was founded in 2017 and is based in London, United Kingdom.
One Concern specializes in planetary-scale resilience software and focuses on mitigating business interruption risks across various industries. The company offers AI-powered risk analysis tools such as Domino AI and Domino Co-pilot, which provide curated physical risk data and advanced risk visualization to enable precise risk pricing, mitigation, and transfer. One Concern primarily serves sectors such as financial services, insurance, and commercial real estate with its resilience-building solutions. It was founded in 2015 and is based in Menlo Park, California.
Insight Catastrophe Group provides catastrophe analytics automation and decision support services within the insurance industry. The company offers analytics and software solutions that assist underwriters in making decisions about catastrophe-exposed properties. It serves insurance carriers, managing general agents, and brokers in the insurance sector. It was founded in 2005 and is based in Jersey City, New Jersey.
Risk Engineering + Development conducts risk assessment for natural and man-made disasters within the consulting industry. The company provides services including vulnerability analysis, hazard analysis, and exposure datasets to assist clients in understanding risks from events like earthquakes, floods, and droughts. Risk Engineering + Development serves sectors that require risk modeling and management, such as the insurance industry and infrastructure development. It was founded in 2008 and is based in Pavia, Italy.
RACV provides automotive, home, and travel services within the insurance and assistance sectors. The company offers car, home, travel insurance, roadside assistance, car loans, and home maintenance services. RACV also provides solar energy solutions and travel packages. It was founded in 1903 and is based in Melbourne, Australia.
CyberCube provides cyber risk analytics and modeling for the insurance market. The company offers solutions that measure cyber risk and its financial impact, serving businesses and the insurance industry. CyberCube's services are available to various segments within the insurance industry, including brokers, managing general agents (MGAs), insurers, reinsurers, and insurance-linked securities. It was founded in 2015 and is based in San Francisco, California.
Loading...