# Safehub

> Safehub turns any building into an IoT device for earthquake risk. Its proprietary sensors and cloud analytics deliver building-specific damage information within minutes of a seismic event, helping owners, insurers and emergency teams make faster, better decisions. The same sensor network powers a new generation of sensor-triggered parametric earthquake insurance designed to slash basis risk and speed up payouts.

- **Founded:** 2015
- **Headquarters:** San Francisco, California, United States
- **Founders:** Andy Thompson (Co-Founder & CEO), Doug Frazier (Co-Founder & Chairman)
- **Team size:** Approximately 32 employees
- **Products:** Building Damage Monitoring, Portfolio Risk Management, ShakeNet Parametric
- **Notable:** Raised $9M Series A in 2021 to scale its IoT earthquake-damage platform, Launched the world's first sensor-based earthquake parametric insurance with Liberty Mutual Reinsurance, Sensors independently validated through shake-table testing at UC Berkeley and UC San Diego

## Products & services

- **Building Damage Monitoring** — Proprietary IoT sensors with cellular cloud connectivity that measure ground motion and structural response, delivering building-specific damage alerts and information via dashboard, SMS and email within minutes of an event.
- **Portfolio Risk Management** — Scalable, easy-to-install sensor deployments across entire building portfolios for catastrophe risk management, business continuity and post-disaster decision support.
- **ShakeNet Parametric** — Sensor-triggered earthquake parametric insurance solution (with Liberty Mutual Reinsurance) that uses high-resolution regional shaking maps processed through GEM's OpenQuake engine to reduce basis risk and enable faster payouts.

## Achievements

- Raised $9M Series A in 2021 to scale its IoT earthquake-damage platform
- Launched the world's first sensor-based earthquake parametric insurance with Liberty Mutual Reinsurance
- Sensors independently validated through shake-table testing at UC Berkeley and UC San Diego
- Adopted by major enterprises and agencies including Amazon, Pfizer, P&G and the City of Seattle
- Co-founders are veterans of catastrophe risk, including the former leadership of EQECAT, once the world's largest catastrophe risk company

## Latest updates

- **2025-08** — Liberty Mutual Reinsurance and Safehub launched ShakeNet Parametric, a next-generation sensor-triggered earthquake parametric insurance solution.
- **2024-04** — Safehub secured an exclusive partnership with Liberty Mutual Reinsurance for the world's first sensor-based earthquake parametric product.
- **2021-04** — Closed $9M Series A led by A/O PropTech with HDI and JLL Spark participating.

## Links

- Website: https://safehub.io
- LinkedIn: https://www.linkedin.com/company/safehub-inc
- Twitter/X: https://twitter.com/safehubrisk

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Profile page: https://yespress.io/safehub
Published by YesPress — https://yespress.io
Last updated: 2026-06-13