KatRisk Acquires Gamma to Enhance Property Risk Assessment

Shared 14 May, 2025

katRisk-acquires-gamma-to-enhance-property-risk-assessment

KatRisk, the leading provider of catastrophic risk modeling software to the insurance and financial services industries, is pleased to announce the acquisition of Gamma, a pioneering company in location intelligence and property-level risk assessment. This strategic move bolsters KatRisk’s expertise in risk analytics, enabling the delivery of more precise insights and next-generation technologies that drive smarter decisions.

Gamma has built a reputation for delivering trusted property-level risk data. Their flagship platform, Perilfinder™, is a widely recognized address-level risk assessment, exposure management, and underwriting solution developed in partnership with some of the world’s largest general insurers.

With this acquisition, KatRisk will integrate Gamma’s expertise in property-level visualization, providing clients with intuitive map-based risk insights, dynamic dashboards, and enhanced spatial analytics. The ability to visualize risk at the property level, from flood, wind, and wildfire exposure to other peril data, will provide insurers with unparalleled clarity in risk selection and portfolio management.

“Our acquisition of Gamma is a major step forward in our mission to provide the most comprehensive, high-resolution risk data available,” said Brandon Katz, EVP of Strategy at KatRisk. “By combining our catastrophic risk models across floods, storms, and fire with Gamma’s location intelligence capabilities, we will deliver an even more powerful suite of tools that improves risk selection, reduces loss ratios, and enhances underwriting efficiency.”

“The combination of Gamma and KatRisk represents an exciting opportunity for our customers and partners,” said Feargal O’Neill, CEO of Gamma. “Joining KatRisk gives us access to the world’s leading catastrophe modelers, while opening global markets for Perilfinder™. Together, our combined strengths in catastrophe modeling and location intelligence will empower insurers and underwriters to make smarter, faster risk decisions with greater confidence.”

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BuiltAPI GmbH, the company pioneering API-driven data infrastructure for real estate investment and asset management, has successfully closed its latest funding round backed by industry leaders including Second Century Ventures, TDS, and Propertymark. The investment marks a major milestone as BuiltAPI expands its services across Europe and the UK, following its graduation from the REACH UK Accelerator Program.

BuiltAPI tackles one of the real estate sector’s most persistent problems: fragmented, siloed data ecosystems. The company provides a robust API framework that enables seamless connectivity between legacy systems, modern SaaS tools, and intelligent automation platforms — with interoperability, governance, and cybersecurity at its core.

“We’re building the backbone of real estate data infrastructure,” said Olga Dentzel, Co-Founder of BuiltAPI. “This funding and the support of the REACH UK program are accelerating our ability to deliver secure, scalable integrations to clients across borders.”

BuiltAPI’s technology is already making an impact with major real estate institutions such as HIH Real Estate and its fund service platform INTREAL, through their digital unit INTREAL Solutions. These collaborations highlight a shared vision for practical and scalable digital transformation in real estate asset and investment management.

“The industry doesn’t need yet another tool — it needs a connective tissue,” added Ivan Nokhrin, Co-Founder of BuiltAPI. “Our mission is to empower real estate professionals to access, share, and act on their data securely and without barriers.”

Graduation from the REACH UK Accelerator — the scale-up program backed by Second Century Ventures – marks BuiltAPI’s official entry into the UK market. The program has played a key role in unlocking investors support and refining BuildAPI’s growth trajectory.

Source

BuiltAPI GmbH, the company pioneering API-driven data infrastructure for real estate investment and asset management, has successfully closed its latest funding round backed by industry leaders including Second Century Ventures, TDS, and Propertymark. The investment marks a major milestone as BuiltAPI expands its services across Europe and the UK, following its graduation from the REACH UK Accelerator Program.

BuiltAPI tackles one of the real estate sector’s most persistent problems: fragmented, siloed data ecosystems. The company provides a robust API framework that enables seamless connectivity between legacy systems, modern SaaS tools, and intelligent automation platforms — with interoperability, governance, and cybersecurity at its core.

“We’re building the backbone of real estate data infrastructure,” said Olga Dentzel, Co-Founder of BuiltAPI. “This funding and the support of the REACH UK program are accelerating our ability to deliver secure, scalable integrations to clients across borders.”

BuiltAPI’s technology is already making an impact with major real estate institutions such as HIH Real Estate and its fund service platform INTREAL, through their digital unit INTREAL Solutions. These collaborations highlight a shared vision for practical and scalable digital transformation in real estate asset and investment management.

“The industry doesn’t need yet another tool — it needs a connective tissue,” added Ivan Nokhrin, Co-Founder of BuiltAPI. “Our mission is to empower real estate professionals to access, share, and act on their data securely and without barriers.”

Graduation from the REACH UK Accelerator — the scale-up program backed by Second Century Ventures – marks BuiltAPI’s official entry into the UK market. The program has played a key role in unlocking investors support and refining BuildAPI’s growth trajectory.

Source

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