Resilience AI, a startup focused on climate risk and sustainability technology, has successfully raised $1 million in seed funding, with Kalaari Capital’s CXXO initiative leading the round. CXXO is known for supporting ventures founded by women entrepreneurs, and Java Capital also participated in the funding round.
The company intends to use the capital to further develop Resilience360, its flagship platform that offers comprehensive climate risk management solutions. These solutions are designed for both private and public enterprises, helping them address the increasing challenges posed by extreme weather events and the broader impacts of climate change. Resilience AI plans to enhance its platform by collaborating with customers, expanding its reach in the market, and advancing research to drive innovative solutions for climate resilience.
Samhita R., Founder and CEO of Resilience AI, highlighted the urgency of addressing climate risks, pointing out that the frequency and intensity of extreme weather events have significantly increased over the past four decades. She stated, “The cost of inaction is far greater than the cost of preparedness,” emphasizing the need for more accurate and proactive climate risk management tools. This approach aims to ensure organizations are equipped with the right solutions to not only predict but also mitigate the impacts of climate change.
Resilience360 uses artificial intelligence (AI) and advanced climate analytics to generate hyperlocal risk maps, automated diagnostics, and standardized climate action plans. These tools help organizations—ranging from small businesses to governments—prepare for and respond to extreme weather events such as floods, cyclones, heatwaves, and earthquakes. By providing precise, localized data, Resilience AI empowers its clients to make data-driven decisions that will help safeguard their operations and the communities they serve.
The company’s approach comes at a crucial time when the cost of climate-related disasters is rising. In 2023 alone, global losses from uninsured climate risks amounted to $118 billion, underscoring the urgent need for better climate risk management solutions. Vani Kola, Managing Director of Kalaari Capital, expressed her belief in the potential of Resilience AI, noting that the company is pioneering new methods in climate mitigation and adaptation. She added, “Bridging the climate protection gap and forecasting climate patterns are critical for building resilience in our environment.”
Java Capital’s Founding Partner, Bhargavi V, also shared her support for the startup, emphasizing the value of combining hyperlocal data with AI. “Resilience AI empowers organizations to proactively plan for and mitigate climate risks. We believe the company is poised to make a significant impact,” she said.
The $1 million funding will help Resilience AI further scale its operations, allowing the company to extend its platform’s capabilities and support more businesses and governments in their climate resilience efforts. This seed round marks a significant step toward Resilience AI’s broader mission of creating a world that can adapt to and withstand the growing impacts of climate change, ensuring that organizations are well-prepared for the future.
With a focus on data-driven solutions and proactive climate risk management, Resilience AI is poised to become a leader in the growing field of climate tech. The startup’s emphasis on using technology to create a sustainable, resilient future is not only timely but also crucial as the world faces an increasing number of climate-related challenges. Through its innovative approach, Resilience AI is helping to bridge the gap between climate risk management and actionable solutions, making it an essential player in the global effort to address climate change.
