Resilience AI, a climate risk and sustainability technology firm has raised $1 million in a seed funding round led by Kalaari Capital’s CXXO initiative, which invests in women entrepreneurs-led ventures. The round also saw participation from Java Capital.
The funds raised will be used to develop Resilience360, which offers end-to-end climate risk management solutions for private and public enterprises.
The funds will be also used to enhance its application of the startup’s solutions in key segments such as supply chain resilience, ESG compliance, and the physical risk baseline by banking and financial services.
Additionally, the company aims to co-develop solutions with its customers, expand market access, and drive research-based innovation.
“The frequency and magnitude of extreme climate events have quadrupled over the past four decades, and conventional disaster response mechanisms are no longer sufficient. Resilience AI was born out of a need for accurate, proactive, and actionable climate risk management tools that empower organisations to take timely action. The cost of inaction is far greater than the cost of preparedness,” said Samhita R, Founder of Resilience AI.
“Resilience AI is pioneering a new era in climate mitigation and adaptation, equipping organisations with tools to navigate the complexities of climate change. With $118 billion in uninsured losses in 2023 alone, bridging the climate protection gap and forecasting climate patterns are critical to building resilience in our built environment,” said Vani Kola, Managing Director at Kalaari Capital.
“We are excited to back Resilience AI as they address one of the most critical challenges faced by cities and businesses today—climate resilience. By combining hyperlocal data with AI, they empower organizations to proactively plan for and mitigate climate risks. With a founding team of industry veterans, we believe Resilience AI is poised to make a significant impact in the climate resilience space,” said Bhargavi V, Founding Partner, Java Capital.
Founded in 2023 by Samhita R, Sundeep Reddy Mallu, and Anshu Sharma, Resilience AI is a climate technology startup that helps firms with proactive solutions to manage and adapt to climate challenges.
Resilience360, its flagship product addresses the need for a proactive approach to climate resilience, enabling organizations to prepare for extreme climate events such as heatwaves, floods, cyclones, landslides, and earthquakes.
By combining machine learning and deep climate analytics, the platform provides hyperlocal risk maps, automated climate risk diagnostics, and institutionalised climate action plans that integrate sustainability and climate risk standards.
