FutureProof Gets $3M For Climate Risk Management

San Diego-based fintech startup FutureProof, a new startup whic says it is developing financial technology to enable asset managers, banks, and insurance-sector institutions to quantify and manage the financial impacts of climate change, has raised $3M in a funding round. The funding was led by Innovation Endeavors, and also included MS&AD Ventures and Blackhorn Ventures. The company says it has also partnered with Tishman Speyer and Equilibrium Capital as part of the funding effort. The company says its technology is focused on projecting the financial implicaitons of climate change. Alisa Valderrama is CEO and co-founder of FutureProof. The company's co-founders also include Dr. Alexander Gelber, a former senior official responsible for economic policy at the U.S. Department of the Treasury.