The Paris Technology team advised Battery Ventures, a global technology-focused investment firm, on its investment in Descartes Underwriting, a French specialist in parametric insurance for climate-related risks.
Founded in 2018 and based in Paris, Descartes Underwriting provides parametric insurance for global weather and natural catastrophe perils as an MGA. The company now operates in over 60 countries through 19 offices across four continents.
This strategic investment follows a €108 million Series B funding round completed in early 2022 and reflects the strong growth trajectory of the Insurtech.
The Goodwin team included Thomas Dupont-Sentilles and Julie Messerig.