ScyAI Launches AI Risk Intelligence for Real Assets and Insurance, Secures €2 Million in Funding

ScyAI, building AI-powered risk intelligence for companies with large real asset portfolios, led by Bernhard Rannegger and Alex Sidorenko, has raised a €2 million pre-seed round from AENU and PT1. The round also attracted unicorn founders, including David Helgason (Unity), Maex Ament and Philip Stehlik (Taulia, Centrifuge), alongside the angel investor alliance Better Ventures. 

For manufacturers, energy producers, and companies with large physical asset portfolios, climate risk has become a critical operational concern. Munich Re reports that 2025 saw roughly $224 billion in economic losses from natural catastrophes, with $108 billion insured, leaving more than half uncovered.

The protection gap persists because premiums are based on broad industry and regional averages rather than company-specific risk data. Without detailed facility information, underwriting remains conservative, causing well-managed operators to subsidize weaker peers or unknowingly retain excess risk.

This is where ScyAI comes in. The platform creates quantified, auditable risk profiles by combining operational data with external hazard models, allowing organizations to demonstrate risk quality using metrics aligned with underwriting standards.

Early adopters report 30–50% premium reductions, often seven-figure savings, while increasing coverage limits and closing gaps. The savings can fund resilience upgrades, creating a cycle where improved risk management delivers measurable returns, particularly for companies with significant physical infrastructure.

Bernhard Rannegger, founder and CEO of ScyAI, said physical risks are becoming central operational and financial challenges, and the company’s mission is to make them measurable and controllable so enterprise risk and insurance teams can make better, strategic resilience decisions.

Robert Stoecker, Partner at AENU, said the investment supports ScyAI’s AI-native risk management approach, citing strong technical ambition, clear customer ROI, and a large global market opportunity.

Fabian König, Investment Manager at PT1, said the firm joined ScyAI’s pre-seed round as climate risk reshapes how real assets are insured and managed. The platform’s ability to quantify climate exposure provides critical infrastructure for resilience, with strong founder–market fit supporting confidence in category leadership.

Tina Dreimann, founder and managing director of Better Ventures, said ScyAI combines deep insurance expertise with practical product execution, positioning it to set a new benchmark and shape the market for risk and insurance decision-making tools.

ScyAI was founded in 2025 by an experienced insurance and risk-tech team. CEO Bernhard Rannegger previously spent six years at Swiss Re developing AI risk models and building a joint venture with Palantir that scaled to more than 50 enterprise customers, including Siemens, Petronas, and Maersk.

Head of Risk and Insurance AI Alex Sidorenko brings over 20 years of experience across Deloitte, PwC, EuroChem, and, most recently, as Group Head of Insurance & Risk at Serra Verde.