Adaptive
4 known investors
Adaptive is a specialty insurance and technology company that uses proprietary data models to offer parametric coverage for emerging climate risks, such as power outages and wind/hail deductible buy-backs. It serves agents, partners, and commercial and residential customers looking to build resilience against climate-related risks.
Founders & leadership
MG
Michael GullainFounder
Investors · 4
Funding
SEC filings, press & company announcements$5M disclosed across 1 round · 2026
- $5MraisedJul 2026 · 3 sourcesSource ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 7
by search overlap
Amwins16 shared keywordsAmwins is a wholesale insurance broker and specialty insurance distributor that provides retail agencies and insurance carriers with access to specialty markets, proprietary products, actuarial services, and program development. It also partners with and acquires insurance businesses, holding trading relationships with over 23,000 retail agencies.
Insureon12 shared keywordsInsureon is an online insurance agency that lets small business owners fill out a single application and compare quotes from multiple A+ rated carriers for coverage such as general liability, professional liability (E&O), workers' compensation, commercial property, BOP, cyber, umbrella, and commercial auto. It pairs its online quoting technology and customer portal with licensed insurance producers and account managers who advise clients across the United States.
Covered10 shared keywordsCovered is a digital insurance agency that provides integrated homeowners and specialty insurance solutions for mortgage institutions across the full mortgage lifecycle (origination, refinancing, and servicing). The platform connects borrowers with 80+ carriers through an API-first marketplace and embedded UX components, with compliance certifications for GLBA, RESPA, and SOC 2 Type II.
Nextinsurance10 shared keywordsNEXT Insurance (ERGO NEXT) sells small-business insurance online, including general liability policies with product liability coverage for retailers, online sellers, wholesalers, and product makers. Customers can get a quote, customize coverage, and buy policies in about 10 minutes, with a mobile app for managing documents and filing claims.
Policy Genius9 shared keywordsPolicygenius is an online insurance marketplace that provides consumers with free, tailored quotes and support from licensed agents across life, auto, home, and disability insurance. It helps individuals compare policies from multiple insurers and choose coverage that fits their needs.
Descartesunderwriting9 shared keywordsDescartes Underwriting develops AI-powered parametric insurance products for natural perils including storms, wildfires, hail, and tornadoes, using satellite imagery, environmental data, and advanced modeling to assess risk and process claims. The company serves insurers and risk managers seeking to close coverage gaps in a changing climate.
Libertymutual8 shared keywordsLiberty Mutual is an insurance provider offering personal insurance products including car, home, homeowners, and renters coverage to consumers. The company provides online quotes, claims handling, and support through both its website and mobile app.
Companies competing with Adaptive for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Adaptive doubles funding to $10 million - Business Insurancebusinessinsurance.com · Jul 2026Frequently asked questions
- What does Adaptive do?
- Adaptive is a specialty insurance and technology company that uses proprietary data models to offer parametric coverage for emerging climate risks, such as power outages and wind/hail deductible buy-backs. It serves agents, partners, and commercial and residential customers looking to build resilience against climate-related risks.
- Who founded Adaptive?
- Adaptive was founded by Michael Gulla.
- Who are Adaptive's investors?
- Adaptive's investors include Connecticut Innovations, Seraphim Space, Sunna Ventures, Congruent Ventures.
- How much funding has Adaptive raised?
- Adaptive has disclosed $5M raised across 1 round.