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Print FutureProof, a San Diego fintech startup that taps artificial intelligence to project the dollars and cents financial risk of climate change, has come out of stealth mode with a $3 million round of seed funding. Founded in 2019 by a team that includes technologists and Ph.D. economists and climate scientists, the young company’s analytics score climate risk for assets ranging from homes to commercial buildings, mortgage-backed securities to physical facilities of 50,000 public and private companies across the globe. The goal is to bring climate into the mainstream of risk analysis that’s commonly performed by institutional investors, banks and insurance companies when investing or lending money.

Stanford universityUnited statesSan diegoScripps institution of oceanographySam smith eppsteinerAlisa valderramaAlexander gelberStanford university global projects centerGlobal projects center at stanfordUs department of the treasuryWorld bankNatural resources defense councilScripps institution of oceanography western weatherBiden administrationRebecca greenfieldNatural resources defense