Kettle

About:

Kettle is an insurtech company that develops a machine-learning powered reinsurer balancing risk.

Website: http://ourkettle.com

Twitter/X: ourkettle

Top Investors: Alumni Ventures, DCVC, Lowercarbon Capital, Acrew Capital, Inspired Capital Partners

Description:

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.

Total Funding Amount:

$29.7M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Hamilton, Hamilton, Bermuda

Founded Date:

2019-08-01

Contact Email:

contact(AT)ourkettle.com

Founders:

Andrew Engler, Nathaniel Manning, Son Le

Number of Employees:

11-50

Last Funding Date:

2021-11-18

IPO Status:

Private

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