Descartes Underwriting
PrivateLast Round
Strategic
Jun 17, 2025
Est. Valuation
$500M
Total Funding Raised
$141M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Descartes Underwriting is an insurtech company that provides data-driven parametric insurance products to protect corporations and governments against climate, cyber, and emerging risks.
Sector
FinTech
Verticals
InsurTech, Compliance & Risk, ESG Analytics
Business Model
B2B
Customer Profile
Services & Consulting, Data as a Service, Usage-Based SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Descartes Underwriting Comparables
Compare Descartes Underwriting with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Arbol | 87% | |
| NormanMax Insurance Holdings, Inc. | 74% | |
| The Demex Group | 74% |
Descartes Underwriting Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Strategic | Jun 17, 2025 | ||||
| Series B | Jan 31, 2022 | ||||
| Series A | Sep 10, 2020 | ||||
| Seed | Feb 6, 2019 |
Key People
Founding team and executive leadership
Descartes Underwriting Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Mundi Ventures | Series B |
| BlackFin Capital Partners | Series A, Series B, Seed |
| Seaya Ventures | Series B |
| Serena Data Ventures | Series B, Series A |
| Seeya Ventures | Series B |
| BlackFin Capital Partners | Series A, Series B, Seed |
| Battery Ventures | Strategic |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jul 21, 2026
Team size reported to be over 250 people.
- Mar 20, 2026
Serves clients in over 60 countries with more than 20 offices.
Recent news
Latest coverage and updates
- is_developingSep 3, 2026
Descartes Underwriting Group develops parametric insurance based on weather, satellite, climate index and field sensor data.
Descartes Underwriting Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about Descartes Underwriting's valuation, stock price, and market status.
Is Descartes Underwriting a public or private company?
Descartes Underwriting is a private company.
What is the current stock price of Descartes Underwriting?
Descartes Underwriting is a private company, so its shares have no public market price. Caplight tracks Descartes Underwriting's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Descartes Underwriting worth (valuation)?
Descartes Underwriting's valuation is estimated at $500.0M based on funding round data.
Can I buy Descartes Underwriting stock?
Descartes Underwriting shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Descartes Underwriting's last funding round?
Descartes Underwriting's most recent funding round was Strategic on June 17, 2025.
Who are the main investors in Descartes Underwriting?
Key investors in Descartes Underwriting include BlackFin Capital Partners, Serena Data Ventures, BlackFin Capital Partners, Battery Ventures, Eurazeo.
Will Descartes Underwriting IPO soon?
No public IPO plans have been announced for Descartes Underwriting.
How can I track Descartes Underwriting secondary market activity?
Caplight tracks bids, offers, and trades in Descartes Underwriting's shares on secondary markets.