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One Concern makes AI-based resilience software that quantifies physical climate risks for businesses and insurers.
Founded in 2015 and headquartered in Menlo Park, US, One Concern, Inc. develops a software platform that uses artificial intelligence and data science to quantify and manage physical climate-related risks. Its core product is a digital twin of the physical world that shows infrastructure dependencies, such as power outages and supply chain disruptions. Clients include financial services, insurance and real estate firms. In June 2021 the company raised USD 45.00 mn led by Sompo Holdings, Inc., and CEO Ahmad Wani co-founded it with Nicole Hu and Timothy Frank.
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