August 19, 2026
SAN FRANCISCO–(BUSINESS WIRE)–RockRose Risk, the insurance brokerage giving property owners discounts for wildfire mitigation, today announced it has raised a $12.5 million Series A co-led by Crosslink Capital and Congruent Ventures, with participation from Nuveen Real Estate, one of the world’s largest investment managers with more than $136B in commercial real estate holdings.
With the investment, the company is also evolving into a vertically integrated risk manager, combining autonomous property analysis, mitigation services, and insurance into a single platform that helps property owners reduce both wildfire risk and insurance costs. As part of that strategy, RockRose Risk plans to acquire complementary businesses, including tree trimming and roofing companies, so property owners can work with a single partner to assess wildfire risk, complete mitigation work, and secure insurance. By bringing those services together, the company is developing a first-of-its-kind model for insurance, while lowering the overall cost of protecting property.
“We’ve proven our model works,” said Andrew Engler, co-founder and CEO of RockRose Risk. “By combining on-the-ground property assessments, mitigation expertise, and proprietary technology, we’ve driven fundamentally better insurance outcomes. Our next step is to get insurance to operate within holistic systems, just as nature does. Wildfires don’t obey the rules of financial modeling or zip codes alone. We’re making insurance adapt to the rules of a new game: that of a rapidly changing planet.” Read rest here.