Sophia Dodd

The frequency and severity of extreme weather events are getting worse. This trend has become increasingly apparent to stakeholders who stand to lose from property damages, as well as to the tens of millions of people impacted by storms, fires, and heat. We write this post in the midst of a severe heat wave that continues to linger over much of the US, and just days after Hurricane Beryl, the earliest Category 5 storm in history, incurred billions in damage across the Caribbean and the Gulf Coast. For insurers, businesses, local governments, and the federal entities that ultimately foot the bill on tail risk events, the situation has already become impossible to ignore.

As many of you now know, we’ve evolved our model at Equal Ventures to focus on putting “3 hats on the ball” for every investment we make in our portfolio. We feel that staffing a 3-person team (comprised of a GP, a product owner / industry specialist and a high-horsepower generalist) enables us to embrace each of our unique strengths as individuals, while providing an unparalleled offering to seed stage founders in our industries.