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Insurtech BirdsEyeView raises seven-figure funding to scale wildfire risk models

Insurtech BirdsEyeView raises seven-figure funding to scale wildfire risk models

Insurtech BirdsEyeView has secured an undisclosed seven-figure investment to support international expansion and accelerate development of its wildfire risk modelling platform.

The funding round was led by 24 Haymarket, with all existing investors also participating. The capital will be used to scale operations across new markets while strengthening the company’s machine learning-driven natural catastrophe models.

The raise follows a period of rapid growth. BirdsEyeView reported a 200% increase in turnover and recently expanded into the US and Australian markets, building momentum beyond its European base.

BirdsEyeView is a London-based insurtech company that provides natural catastrophe and wildfire risk modeling software for insurers, reinsurers, MGAs, and brokers.

Backed by the European Space Agency (ESA), it combines satellite imagery and machine learning to deliver real-time, property-level views of wildfire and other climate risks for underwriting and portfolio management.

BirdsEyeView has raised funding in a few discrete rounds but the total amount isn’t officially disclosed as a single sum:

  • It closed an early seed funding round in June 2022, led by SFC Capital with matching support from the European Space Agency and partners, though the specific amount was not publicly disclosed at the time.
  • In December 2023, BirdsEyeView raised an undisclosed seven-figure investment led by ESA along with Big 5 Investors, InsurTech NY, and ACF Investors, again without a stated dollar amount.
  • In January 2026, the company secured another undisclosed seven-figure funding round led by 24 Haymarket, focused on international expansion and wildfire modelling development.

Management plans to channel the new capital into accelerating development of its wildfire model, expanding its team of PhD-level scientists and climate specialists, and scaling its commercial footprint across North America and Australia.

The company said the goal is to help insurers respond as wildfire risk spreads into regions that historically sat outside high-risk zones.

Wildfire exposure continues to shift as climate patterns change, driving more frequent and severe events across wider geographies.

BirdsEyeView argues many traditional wildfire models rely too heavily on historical loss data, leaving them poorly suited to reflect how quickly conditions now change.

According to Beinsure, that gap increases the need for adaptive models built on live data rather than backward-looking assumptions.

BirdsEyeView’s platform combines high-resolution satellite imagery with advanced AI analytics to deliver real-time risk assessment and live portfolio exposure monitoring directly to underwriters.

The system is designed to support pricing accuracy and forecasted loss reporting by allowing carriers to track aggregations as conditions evolve.

The company works with more than 20 insurers, brokers, and MGAs globally, including Allianz, Liberty Specialty Markets, AXA XL, HDI, and Aon. It also counts Convex and Cincinnati Financial among its clients.

The latest funding supports BirdsEyeView’s plans to deepen its position in catastrophe and hazard modelling while expanding into adjacent lines of business and additional regions. The company said its focus remains on models that adapt continuously as new data and climate-driven risks emerge.

James Rendell, CEO and founder of BirdsEyeView, said the company spent 2025 establishing itself as a trusted modelling partner across Lloyd’s and the Australian and Canadian coverholder markets.

Advances in AI are transforming hazard modelling, particularly by automating time-consuming data preparation processes that underpin model accuracy.

James Rendell, CEO and founder of BirdsEyeView

“This enables teams to focus on higher-value scientific analysis, while ensuring models evolve in line with new data, emerging risks, and a rapidly changing climate.”

Jamie Dunnett said the fund was attracted by the way BirdsEyeView built its business and the opportunity to scale its technology beyond contingency into other areas such as property.

He said progress since 24 Haymarket’s initial investment last August positions the company well heading into 2026.