Descartes Underwriting
Descartes Underwriting is an insurtech company that specializes in climate risk modeling and data-driven risk transfer.
Descartes Underwriting has raised €123M across 2 funding rounds from 5 investors, most recently a Series B round in Jan 2022. Based in Puteaux, France; founded 2019; active in Fintech. Data as of 28 Oct 2026.
Total raised
€123M
€123,265,436
Funding rounds
2
Investors
5
distinct backers
Active since
2020-09
latest 2022-01
Funding by year
EUR raised per yearDescartes Underwriting — funding by year — interactive chart.
Data table
| Descartes Underwriting — funding by year | |
|---|---|
| 2020 | €16M |
| 2022 | €108M |
Signals
High confidenceRaise-next likelihood10
base rate 48% for Series B
- ▼ Dormant (no round in 3+ cohort gaps)
- ▲ Up-round momentum
- ▼ Low backer re-investment
Exit likelihood11
base rate 11% (2+ rounds)
- ▲ €100M+ raised
- ▲ 7y since founding (typical exit age)
- ▼ No recent equity round (debt-only or quiet)
Timing: dormant vs cohort gap · momentum up. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
2 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2022-01-31 | Series B | €108M | Blackfin Capital Partners,Cathay Innovation,Eurazeo,Highland Europe,Serena Capital | View deal → |
| 2020-09-10 | Series A | €16M | Cathay Innovation,Serena Capital | View deal → |
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