Zurich-based PropTech startup ScyAI has successfully closed a $2.3 million pre-Seed funding round to advance its AI-powered risk intelligence platform. The round was led by impact investor AENU and co-led by PT1, attracting additional support from prominent unicorn founders and the angel alliance better ventures. This fresh capital will accelerate the development of tools designed to make complex risk data accessible for companies with extensive real estate portfolios.
Strategic Investment Partners
The investment consortium includes notable industry figures such as David Helgason of Unity and partners from Anti Ordinary Ventures. This diverse group of backers highlights the growing importance of digital solutions in the traditional insurance and asset management sectors. Investors expressed strong conviction in the team's ability to redefine how real assets are insured through precise, data-driven quantification.
The Rising Cost of Climate Risk
For manufacturers and energy producers, physical climate risks have escalated into critical operational and financial concerns. Recent industry reports indicate that natural catastrophes caused approximately $223.2 billion in economic losses in 2025, with a vast majority remaining uninsured. This protection gap forces companies to retain more risk than intended, often without fully realizing the extent of their financial exposure.
Flaws in Traditional Insurance
A primary driver of this coverage gap is the reliance of underwriters on broad industry categories rather than specific company profiles. Without granular data on construction quality or mitigation measures, insurers default to defensive pricing strategies that penalize well-managed firms. Consequently, companies with robust risk management practices end up subsidizing weaker peers or facing unjustifiably high premiums.
A Data-Driven Solution
ScyAI addresses these inefficiencies by building quantified and auditable risk profiles that combine internal operational data with external hazard models. This approach enables organizations to demonstrate their specific risk quality using the exact metrics that underwriters rely upon for decision-making. By providing this level of transparency, the platform transforms risk management from a passive administrative task into a strategic advantage.
Tangible Financial Benefits
The impact of this technology is already visible among early adopters who have integrated the platform into their insurance negotiations. Companies utilizing ScyAI’s methodology report premium reductions between 30% and 50%, translating to seven-figure savings for large enterprises. These recovered funds can then be reinvested into physical resilience measures, creating a virtuous cycle of safety and financial efficiency.
Expert Leadership Team
The company was founded in 2025 by a duo with extensive experience in insurance technology and corporate risk strategy. CEO Bernhard Rannegger previously developed AI risk models at Swiss Re, while Alex Sidorenko brings over two decades of experience from major firms like Deloitte and PwC. Their combined expertise ensures the product delivers genuine ROI rather than just theoretical data analysis.
Broader Market Trends
ScyAI’s successful raise sits alongside other notable European PropTech investments that focus on sustainability and building data analytics. Startups like Telescope and Lumoview have also secured funding recently, signaling a shift toward tools that manage climate impact and financial decision-making. This trend reflects a maturing market where capital supports digital transformation in real estate risk and asset management.
As the frequency of natural catastrophes increases, the ability to accurately measure and manage physical risk will become a competitive necessity. ScyAI is well-positioned to lead this shift, providing the critical infrastructure needed for a more resilient built world. This funding marks a pivotal moment for the company as it scales its operations to meet the urgent demands of the global market.