Commercial property owners grappling with the escalating threat of wildfires now have more backing for their risk mitigation efforts. RockRose Risk, an insurance broker and captive underwriting manager focused on this niche, has closed a $12.5M Series A funding round.
The capital infusion comes from investors Crosslink Capital, Congruent Ventures, and Nuveen Real Estate. RockRose Risk partners with mitigation companies, leveraging technology and automation to offer seamless risk management and credit for ongoing mitigation, aiming to protect properties, insurers, and communities.
