Kettle
United States
Team size: 11 - 50
Sector: Food and agriculture
About Kettle
Company revenue: US$ 10 - 50 million
Investors: Alumni Ventures, Anthemis Group, Inspired Capital Partners, Lowercarbon Capital, Valor Equity Partners
Company stage: Series A
Kettle is a machine-learning powered reinsurer balancing risk in a changing climate. It's proprietary deep learning algorithms use more than seven billion lines of a satellite, weather, and ground truth data. These models use Swarm Neural Networks to find patterns that enable more accurate predictions, thereby reducing loss ratios. Kettle is structured to sell reinsurance to insurers.