Seed · Climate Tech · Oslo, Norway · Founded 2021 · 11–50 employees
Mitigrate is a ClimaTech SaaS startup that provides automated climate risk assessment and flood prevention solutions for the insurance industry. The company has developed a platform called Prevent that generates fully automated analyses leading to prioritized preventive measures for reducing climate damages on real estate properties. Mitigrate was the first Norwegian startup to join the prestigious Lloyd's Lab accelerator program and has secured strategic investment from Lloyd's of London. The company has successfully completed paid pilots with Gjensidige, Norway's largest insurer with €2.9 billion in gross written premiums, demonstrating strong commercial traction in the Nordic market.