Ocean Ledger Secures $900K to Increase Accuracy and Decision-Readiness of Coastal Risk Management

Core Insights - Ocean Ledger, a geospatial analytics startup, has raised $900K in a pre-seed funding round led by Ananda Impact Ventures and Silverstrand Capital to enhance its coastal risk forecasting solutions [1] - The company addresses the urgent need for proactive coastal risk management, as climate-induced infrastructure losses could reach$4 trillion over the next 15 years, with 78% of insured catastrophe losses in 2024 attributed to flooding [2] - Ocean Ledger utilizes satellite imagery, machine learning, and site-level data to provide high-resolution analytics that outperform traditional datasets, enabling better decision-making for project managers, underwriters, and coastal engineers [3] Company Overview - Ocean Ledger is led by CEO and Co-Founder Paige Roepers, who combines expertise in marine biology and investment banking, alongside a team of specialists in coastal remote sensing and spatial modeling [4] - The company aims to link physical and environmental risks with climate perils to facilitate proactive risk management and continuous monitoring [5] - Ocean Ledger is collaborating with Planet Labs PBC and exploring partnerships with marine drone and sensor companies, as well as working with insurers to develop new products like long-term catastrophe bonds [6][7]