Resilience AI, a climate risk and sustainability technology firm, has raised $1 million in seed funding, led by Kalaari Capital's CXXO initiative and Java Capital. The funds will be used to develop Resilience360, its flagship product, which offers end-to-end climate risk management solutions for private and public enterprises. The company aims to bridge the climate protection gap and forecast climate patterns to build resilience in the built environment.
Resilience AI, a Bengaluru-based startup was founded in November 2023, by Samhita R., Sundeep Reddy Mallu, and Anshu Sharma and offers climate risk management solutions for organizations. It plans to co-develop solutions, expand market access, and drive research-led innovation. It will use the funds raised to improve its applications in supply chain resilience, ESG compliance, and physical risk baselines for banking and financial services sectors. Its flagship product, Resilience 360 is a software that integrates machine learning, hyperlocal diagnostics, institutionalized climate reporting, and digital climate action plans to prepare for extreme climate events including heatwaves, cyclones, floods, and earthquakes.
Samhita R., Founder mentioned "The frequency and magnitude of extreme climate events have quadrupled over the past four decades, and conventional disaster response mechanisms are no longer sufficient. Resilience AI was born out of a need for accurate, proactive, and actionable climate risk management tools that empower organizations to take timely action. The cost of inaction is far greater than the cost of preparedness."
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