Kettle

Balancing Risk in a Changing Climate

Hamilton, Bermuda · Founded 2019 · $33.5M raised

Headquarters
Hamilton
Founded
2019
Business Model
B2B
Total Funding
$33.5M
Last Round
$4.0M Series ADec 2024
Rounds
3

About

Kettle is an AI-powered reinsurance and property insurance platform focused on catastrophic climate risks, starting with California wildfires. Its proprietary deep learning models ingest over 130 terabytes of satellite, weather, real estate, and utility data to assess risk at the individual property level. Kettle offers parametric wildfire reinsurance products to insurers and direct property insurance to homeowners in high-risk areas.

Summary

Kettle is an Insurtech company based in Hamilton, Bermuda, founded in 2019. It has raised $33.5M in total across 3 rounds, most recently a $4.0M Series A round in Dec 2024. Investors include Acrew Capital, ParaFi Capital and Zee Prime Capital.

Tech & App Stack

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Funding History

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Series ASeries ADec 2024
$4.0M

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Seed through Series A — per-round amounts, valuations, and who invested in each round.

Investors

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