🚀 LIVE GLOBAL CHATSTREAM

ResiQuant Raises $4 Million Seed Round to Enhance Catastrophe Risk Assessment for Property Insurers

Image
Proptechbuzz
3/19/2025

ResiQuant has secured $4 million in seed funding to advance its property risk assessment platform. The round was led by LDV Capital, with participation from Foothill Ventures, Pear VC, Alumni Ventures, and several strategic angel investors. The capital will be used to strengthen ResiQuant’s technology, helping property carriers navigate growing challenges posed by climate-related risks and seismic hazards.

Combining Structural Engineering and AI

ResiQuant’s platform integrates structural engineering principles with artificial intelligence to offer detailed, building-level insights often overlooked by conventional data sources. By analyzing site inspection photos, aerial imagery, and publicly available visuals, its AI-driven system identifies structural vulnerabilities critical to a building’s resilience during disasters. These insights allow property carriers to assess catastrophe risks more precisely, helping them make informed underwriting decisions.

Founders’ Expertise Shaping the Platform

The company’s approach is shaped by its co-founders, Dr. Omar Issa and Dr. Francisco Galvis, both structural engineers with extensive experience in earthquake research and disaster response. They met while pursuing their PhDs at Stanford University’s John A. Blume Earthquake Engineering Center. Their combined academic research and field experience—spanning events such as the Ridgecrest Earthquake, Hurricane Ian, and the Kahramanmaras earthquake—form the backbone of ResiQuant’s risk models.

Dr. Galvis focused his doctoral research on steel frame vulnerabilities in San Francisco, while Dr. Issa applied machine learning to recovery modeling. Their collaboration began during the COVID-19 pandemic, where they spent time refining models and inspecting post-disaster damage, laying the foundation for ResiQuant’s current offerings.

Platform Expansion Plans

Currently, ResiQuant supports earthquake risk assessments across commercial, multi-family, and single-family properties. The company plans to expand its coverage to include additional hazards such as wildfires and windstorms. The fresh funding will be allocated toward enhancing the platform’s capabilities and scaling its engineering and AI teams, aiming to assist insurers across major U.S. property markets.

Key Statements

Dr. Omar Issa, CEO of ResiQuant:
“Property carriers often base billion-dollar decisions on incomplete data. We provide engineering-level analysis that uncovers hidden vulnerabilities, enabling carriers to maintain coverage confidently.”

Dr. Laurie Johnson, Disaster Risk Management Expert and Advisor:
“With increasing disaster frequency and intensity, insurers need detailed, engineering-based insights to improve underwriting and bolster community resilience.”

Evan Nisselson, Founder and General Partner at LDV Capital:
“ResiQuant is leveraging AI and computer vision to turn imagery into actionable insights. The insurance sector is poised for transformation, and ResiQuant is well-positioned to drive this shift.”


If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.
Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to marketing@proptechbuzz.com.

Reimagine Your Press ReleaseMaximize your impact with Industry platform. Share your news directly with our engaged community and amplify your reach with premium distribution options.
Direct DistributionGet featured on our platform for maximum visibility.
Community ExposureEngage with industry professionals and decision-makers.
Extended PR ServicesExpand your reach with podcast features, social media promotions, and newsletter spotlights.
Amplify Your PropTech Story Submit & Get Featured
Press Release Marketing
PropTechBuzz Logo