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Safehub

Real-time earthquake damage intelligence for buildings, powered by IoT sensors and AI.

Specialty Solutions Growth Series A
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Overview

Safehub is a catastrophe risk management company that deploys patented IoT earthquake sensors in buildings to provide real-time structural damage assessments immediately following seismic events. Co-founded in 2018 by Andy Thompson and Doug Frazier -- two of the world's leading earthquake risk and structural engineering experts -- Safehub enables insurers, property owners, and risk managers to make informed emergency response and claims decisions using building-specific data rather than regional shake maps.

The company operates at the intersection of real estate risk management and insurance, delivering critical situational awareness within minutes after an earthquake strikes. Their cloud analytics platform, Epicenter, aggregates sensor data from instrumented buildings globally, enabling rapid occupancy decisions, emergency response coordination, and expedited insurance claim processing.

Safehub has deployed sensors across 28 countries on six continents with over 1,000 instrumented buildings globally. The company partners with major insurers and reinsurers for parametric earthquake insurance solutions and has raised USD 19.1 million across multiple funding rounds.

Products & Services

IoT Earthquake Sensor Platform

Low-cost, plug-and-play cellular-connected sensors installed in buildings to monitor structural response to seismic activity. Sensors provide real-time damage alerts and building-specific impact assessment data within minutes of a seismic event.

Key Features

  • Patented sensor design with cellular cloud connectivity
  • Real-time structural response monitoring
  • Automated damage alerts to stakeholders immediately post-event

Target Users: Commercial property owners, real estate investment managers, corporations with earthquake-exposed facilities

Epicenter Analytics Platform

Cloud-based analytics and visualization tool that aggregates data from deployed sensors, provides emergency response support, and enables portfolio-level damage tracking and power and utilities monitoring.

Key Features

  • Portfolio-wide earthquake impact dashboard
  • Emergency response coordination tools
  • Power and utilities infrastructure damage tracking

Target Users: Property managers, insurers, government agencies, utilities companies

ShakeNet Parametric Insurance

Next-generation parametric earthquake insurance solution developed in partnership with Liberty Mutual Reinsurance. Uses building-level sensor data to reduce basis risk by providing accurate, building-specific damage information rather than relying on geographic shake maps. Successfully piloted in Mexico City across 23 strategic sites.

Key Features

  • Building-specific parametric triggers (not just shake maps)
  • Significant reduction in basis risk compared to traditional parametric products
  • Rapid claims settlement enabled by sensor data

Target Users: Carriers, reinsurers, commercial property owners

Real-Time Post-Earthquake Assessment

Immediate structural damage data enabling rapid occupancy decisions, emergency response coordination, and expedited insurance claim processing.

Key Features

  • Occupancy decision support within minutes of earthquake
  • Integration with emergency response workflows
  • Data-driven insurance claims acceleration

Target Users: Corporate risk managers, insurance adjusters, emergency response teams

Portfolio Analytics

Aggregated building data and analytics for insurers managing earthquake-exposed commercial and residential portfolios across multiple geographies.

Key Features

  • Cross-portfolio earthquake exposure visualization
  • Historical event analysis against sensor-instrumented buildings
  • Risk aggregation reporting

Target Users: Carriers, reinsurers, real estate investment managers

At a Glance

Founded
2018
Headquarters
San Francisco, California
Employees
11-50
Funding
Series A

Category & Focus

Category
Specialty Solutions
Subcategories
Parametric insurance IoT sensor platform catastrophe risk analytics building damage assessment
Insurance Verticals
P&C Commercial Specialty/E&S Reinsurance
Target Customers
Carriers, Reinsurers, MGAs/MGUs

Customers

  • Amazon
  • Procter & Gamble
  • Pfizer
  • LaSalle Investment Management
  • JLL
  • Hudson Pacific Properties
  • Keysight Technologies
  • City of Seattle
  • University of California

Links

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Last updated: 2026-04-08