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Lotic Labs
Lotic Labs
loticlabs.com

Locations

United States · Hingham, MA, USA · Chicago, IL, USA

industry

Finance · Information Technology · Software · Sustainability

Size

1 - 10 employees

Stage

Other

founded in

2016

Lotic Labs is a climate risk management company, offering software products that help businesses of all sizes identify, track, and manage non-catastrophic climate risk. Businesses in the US alone face $700 billion annually in financial risk from non-catastrophic, variable weather/climate conditions. The climate risk analytics industry has overlooked much of that exposure by focusing on catastrophic and long-term property risks. With capital markets moving to provide increasingly customized weather risk coverage and investors/regulators looking more closely at all climate exposures, the market is ripe for a solution that enables at-risk businesses themselves to easily manage non-catastrophic climate risk.


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