Previsico Boosts Flood Forecasting with BlueOrchard's Growth Investment
Deal News | May 08, 2025 | BlueOrchard Finance SA
The InsuResilience Investment Fund Private Equity II, managed by BlueOrchard Finance Limited, has made a growth investment in Previsico, a leading flood intelligence platform. This investment comes amid escalating financial risks from global flood damage, with losses projected to hit USD 850 billion annually by 2050. Previsico stands out in the industry by providing hyperlocal flood forecasts utilizing advanced data integration and predictive technologies. The company, now expanding in the US and emerging markets, aims to fortify climate resilience globally. This initiative aligns with BlueOrchard's mission to extend climate insurance and adaptability services in emerging markets, leveraging funding and expertise to help Previsico scale internationally. The deal underscores Previsico's commitment to innovation and BlueOrchard's strategic investment approach focused on influencing positive change while delivering robust investor returns.
Sectors
- Climate Technology
- Insurance
- Private Equity
Geography
- United Kingdom – Previsico, the target company, is based in the UK and has established its commercial credibility in this market.
- United States – Previsico is accelerating its market expansion in the US, highlighting its strategic growth in this geography.
- Emerging Markets – BlueOrchard's strategy involves expanding climate technologies in emerging markets, where Previsico's solutions aim to fill protection gaps.
Industry
- Climate Technology – The article discusses Previsico's use of advanced technologies for flood forecasting and management, placing it within the climate technology sector focused on climate resilience solutions.
- Insurance – Previsico's technology supports insurers by providing predictive insights to mitigate risks, relevant to the insurance industry aimed at reducing financial impacts of natural disasters.
- Private Equity – The investment by BlueOrchard Finance, a private equity firm, situates the article within the sphere of private equity investments targeting strategic growth in technology-driven companies.
Financials
- USD 87 billion – Estimated financial losses from flooding in the first three quarters of 2024.
- USD 850 billion – Projected annual losses from flooding by 2050.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| BlueOrchard Finance SA | Private Equity Investor | Company | A leading global impact investment manager, part of the Schroders Group, managing the InsuResilience Investment Fund Private Equity II. |
| Previsico Limited | Target Company | Company | A UK-based leader in flood forecasting solutions, leveraging cutting-edge technology to improve climate resilience globally. |
| Burnt Island Ventures | Co-Investor | Company | Participated alongside other shareholders in the funding round for Previsico. |
| Richard Hardy | Investment Director, Private Equity at BlueOrchard | Person | Instrumental in outlining the strategic importance of Previsico's inclusion in BlueOrchard’s investment portfolio. |
| Jonathan Jackson | CEO of Previsico | Person | Leads Previsico, spearheading its global market expansion and innovation in flood forecasting technologies. |