InsurAngels Invests in Mitigrate
InsurAngels Invests in Mitigrate, Europe’s #1 Flood Prevention Analytics Company, to Drive Expansion in European Insurance Markets
Mitigrate, Europe’s #1 flood prevention analytics company, is proud to announce a strategic investment from InsurAngels Suisse, a nonprofit organisation of seasoned insurance and technology experts dedicated to shaping the future of insurance.
This investment, alongside earlier commitments from Lloyd’s of London and the Sarsia Investment Fund, successfully closes out Mitigrate’s Seed fundraising round. The funding underscores a strong belief that prevention is better than cure, reflecting the growing demand for proactive flood risk and climate resilience solutions across the European insurance ecosystem.
With deep industry expertise and a proven track record, InsurAngels Suisse (along with members of InsurAngels France) will support Mitigrate’s expansion into new markets, beginning with Germany and France in 2026.
“Our mission at InsurAngels is to support startups that redefine insurance by putting prevention and innovation at the core,” said Michel Ruggaber, Co-Founder and President of InsurAngels Suisse“Mitigrate’s unique approach addresses a clear market need across Europe, and we are excited to help accelerate their journey.”
Mitigrate’s prevention-first model resonates strongly with insurers, reinsurers, and corporate clients who seek to minimize losses before they occur. Currently serving the Nordics and the UK, this strategic collaboration positions Mitigrate to scale its solutions in some of Europe’s largest and most dynamic insurance markets.
“This investment marks an important milestone for Mitigrate,” said Laurent Feuilleaboius, CEO of Mitigrate. “Having the support of InsurAngels, alongside Lloyd’s of London and Sarsia, not only validates our vision but also equips us with the expertise and network needed to expand across Europe. We are particularly excited to bring our solutions to Germany and France in 2026.”
With the successful close of its Seed round, Mitigrate is poised to strengthen its leadership as Europe’s leading flood prevention analytics company, supporting a more resilient and future-ready insurance industry.
About Mitigrate
Mitigrate (www.mitigrate.com), a climate-insurtech company, is the leading provider of flood prevention analytics for residential, commercial and industrial properties. Its AI-powered SaaS platform provides tailored, location-specific guidance on flood risk mitigation for insurers, mortgage lenders, housing associations and property managers. By turning complex property and imagery data into actionable insights, Mitigrate enables organisations to safeguard assets, reduce losses and build long-term resilience against flooding.
About InsurAngels Suisse
InsurAngels Suisse (www.insurangels.ch) is part of the global InsurAngels network, supporting early-stage startups within the insurance sector through strategic investment, mentorship, and access to an international ecosystem of industry experts and investors. Sister organisations are active in France and Morocco, with a new chapter launching soon in BeLux.
