Fundraising FoxAdaptive
4 known investors
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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 GullaCEO and Co-Founder @ Adaptive InsuranceMichael Gulla has over 20 years of experience in insurance, including work on underwriting methodologies and risk assessment. He founded Adaptive, a specialty insurance and technology company offering parametric coverage for climate-related risks.
Investors · 4
Connecticut Innovationslisted by Connecticut InnovationsNew Haven · $500K – $2M
How we know: Connecticut Innovations's portfolio page · Not right? Tell us
Seraphim Spacelisted by Seraphim SpaceLondon · $1.3M – $3.8M
How we know: the VCSheet dataset · Not right? Tell us
Congruent VenturesreportedSan Francisco · $100K – $5M
How we know: the VCSheet dataset · Not right? Tell us
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.
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Companies working in the same space as Adaptive.
In the news
Frequently 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.