Reask raises $4 million from BlueOrchard’s InsuResilience Fund

Reask , an Australian climate risk data startup, has secured $4 million in funding from BlueOrchard’s InsuResilience Investment Fund Private Equity II. The investment will support Reask’s expansion beyond tropical cyclone modeling into broader catastrophe risk data solutions.

Founded in 2018, Reask uses dynamic climate physics to deliver granular, global risk insights for insurers, asset managers, and governments. Its data enables better premium pricing, parametric product development, and risk assessment—particularly in regions vulnerable to hurricanes and extreme weather.

The deal aligns with BlueOrchard’s strategy to expand access to affordable climate insurance and strengthen financial resilience in emerging markets.