One Concern is a technology company.
One Concern has raised $60.0M across 2 funding rounds.
Key people at One Concern.
One Concern has raised $60.0M in total across 2 funding rounds.
Key people at One Concern.
One Concern is a climate resilience technology company that builds AI-powered software platforms to assess and mitigate risks from natural disasters like earthquakes, floods, and fires. It serves financial services, insurance, commercial real estate, governments, and large enterprises by providing planetary-scale resilience tools, including Domino AI for risk visualization and a digital twin of the physical world for simulating disaster scenarios[1][2][3][4]. The platform solves the problem of outdated, broad-brush climate risk assessments by delivering precise, real-time insights into business interruption vulnerabilities—such as power outages and supply chain disruptions—enabling better risk pricing, mitigation, and strategic decisions amid accelerating climate threats[2][4]. With $118.1M in total funding, including a $45M round, the company shows strong growth momentum, partnering with entities like Fathom for advanced flood models and launching products like Domino and DNA for climate adaptation[3].
Founded in 2015 in Menlo Park, California, by Nicole Hu, Timothy Fran, and Ahmad Wani, One Concern emerged from a vision to make disasters less disastrous using advanced technology[1][3]. The founders combined expertise in AI, data science, and hazard modeling to create a "digital twin" of the world—a virtual replica for simulating real-life events like hurricanes and tornadoes to evaluate damage and vulnerabilities[1][2]. Early traction came from addressing gaps in disaster management, partnering with NGOs, governments, and first responders for multi-hazard mapping, evacuation protocols, and crisis training, while building proprietary datasets on infrastructure, food, water, energy, and emergency services[1][4]. Pivotal moments include launching Domino AI and DNA products, and collaborations like the Japan flood risk model with Fathom, solidifying its role in planetary resilience[3].
One Concern rides the climate tech wave, capitalizing on rising natural disaster frequency and severity driven by climate change, where industries face paralyzed decision-making from uncertain risks[2]. Timing is critical as capital markets, insurance, and real estate demand quantifiable physical-to-financial risk translation amid regulatory pressures and investor scrutiny[2]. Market forces like AI advancements in catastrophe modeling and the need for "bottoms-up" vulnerability analysis favor its first-to-market planetary platform, influencing the ecosystem by democratizing resilience data—partnering with governments for policy planning and enterprises for supply chain fortification[1][4]. It shapes broader adoption of resilience-as-a-service, filling blind spots in disaster management and enabling a global network against hazards[4].
One Concern is poised to expand its digital twin globally, integrating more hazards and AI enhancements for near-term forecasting, while deepening enterprise adoption in high-risk sectors. Trends like AI-driven reinsurance, climate-linked securities, and urban resilience mandates will propel growth, potentially evolving it into the standard for risk intelligence as disasters intensify. This positions the company to not just mitigate crises, but redefine proactive resilience—turning planetary vulnerabilities into strategic opportunities, true to its mission of making disasters less disastrous[2][5].
One Concern has raised $60.0M in total across 2 funding rounds.
One Concern's investors include Aaron Jacobson, Forest Baskett, New Enterprise Associates, Norwest Venture Partners, Quadrille Capital, Kevin Hartz, Andreessen Horowitz, Casa Verde Capital, Catapult Capital, Comal Ventures, Craft Ventures, Founders Fund.
One Concern has raised $60.0M across 2 funding rounds. Most recently, it raised $37.0M Series B in June 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2019 | $37.0M Series B | Aaron Jacobson, Forest Baskett, New Enterprise Associates, Norwest Venture Partners, Quadrille Capital | |
| Dec 1, 2017 | $23.0M Series A | Kevin Hartz, Andreessen Horowitz, Casa Verde Capital, Catapult Capital, Comal Ventures, Craft Ventures, Founders Fund, Heretic Ventures, Aaron Jacobson, Forest Baskett, New Enterprise Associates, Norwest Venture Partners, Pareto Holdings, Partners Resolute, Quadrille Capital, Saga, Sequoia Capital, SV Angel, Thrive Capital, Y Combinator, Jacob Kerzner, Jared Leto, Michael Abramson, Philip Kaplan, Sam Altman, Scott Belsky, Yishan Wong |
