Previsico

Previsico's core product is its Flood Intel Platform, which includes the FloodMap Live software. This platform delivers actionable, street-level flood warnings for surface water, small watercourses, and coastal flooding with up to 48-hour lead times, a significant improvement over traditional methods that often miss these sources. The technology uses advanced computational modeling, combining live weather data from partners like IBM, IoT sensors, and topographical data to produce forecasts at a 25-meter resolution. This allows clients to take proactive measures, such as deploying temporary defenses or moving assets.

The company operates on a B2B model, serving a diverse client base that includes the insurance sector, corporate clients, and government agencies. Key clients include major insurers like Zurich, Liberty Specialty Markets, and Generali, as well as large corporate asset owners such as Network Rail and National Grid. For insurers, Previsico's platform helps reduce claims losses, improve underwriting accuracy, and enhance customer support by enabling proactive risk mitigation. The firm generates revenue through its platform and API solutions that integrate into clients' existing risk management systems.

Since its founding, Previsico has expanded its operations from the UK into the US, with offices in London, Loughborough, Hartford (Connecticut), and Hong Kong. The company has secured over $5 million in funding across multiple rounds from investors including Foresight Group, 24Haymarket, and Burnt Island Ventures, to fuel its UK success and international expansion, particularly in the US market.