Descartes Labs acquired all of the operating assets of Geosite, a Palo Alto, Califorina-based SaaS provider of geospatial intelligence to property/casualty insurance companies.
Rachel Olney, CEO of Geosite, will be leading the insurance technology business within Descartes Labs Inc.
Geosite, a startup supported by Y Combinator, is a provider of geospatial analytics and artificial intelligence services.
Topics Mergers & Acquisitions California
Was this article valuable?
Here are more articles you may enjoy.
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model 
Palm Beach Billionaires Feud Over Who’s Really Protecting the Everglades 
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses 
Florida Needs More – Much More – Wind Mitigation, Say Experts at OIR Summit 
