Startup Series: Cervest

Today's guest is Iggy Bassi, Founder & CEO of Cervest.

Cervest offers cloud-based Climate Intelligence (CI) to enable organizations to manage and adapt to climate risk at an asset level. Its on-demand, AI-powered platform delivers a standardized, science-based view of climate risk – simultaneously analyzing millions of global assets across multiple time horizons and risk categories. EarthScan, the first product on the platform, helps enterprises and governments baseline, monitor, and forecast climate risk. Through its open-access platform, Cervest incentivizes everyone to share and integrate Climate Intelligence into everyday decisions – protecting the world's critical assets – including our greatest asset, the planet. Cervest is a Certified B Corporation.

Iggy is a serial entrepreneur with extensive experience in both emerged and emerging markets. Driven by a relentless passion for world-changing innovations that tackle global challenges, he's the Founder/CEO, and driving force behind Cervest. He has advised Fortune 500, sovereigns, and entrepreneurs on competitiveness, sustainability, and resource security.

In this episode, Iggy explains Cervest and his motivations for founding the startup. He outlines how climate risk is defined and the existing landscape for climate risk platforms. We also dive into a discussion about balancing a quality product and scalability, why Cervest is working to democratize climate risk data, and the company's approach for various sectors across the climate industry. Iggy is a great guest, and it was exciting to learn more about Cervest.

 Enjoy the show!

You can find me on twitter @jjacobs22 or @mcjpod and email at info@myclimatejourney.co, where I encourage you to share your feedback on episodes and suggestions for future topics or guests.

Episode recorded October 7th, 2021


In Today's episode, we cover:

  • Overview of Cervest and what led Iggy to found the company

  • Iggy's climate journey

  • If there is a standard definition of climate risk or whether it varies between different stakeholders

  • Cervest's definition of climate risk and how the startup thinks about staging and phasing

  • How to balance delivery of a quality product and being able to scale the company

  • Data's importance in Cervest's success and if the company has had any resistance when it comes to data collection

  • Democratizing data and how Cervest ensures inclusionary practices

  • Cervest's value proposition for customers

  • The approach Cervest takes across the climate industry and if the asset class and risk type changes as you move across different vectors

  • How Cervest ensures accuracy in its modeling

  • The climate risk landscape and the difference between vertical and horizontal companies

  • How to balance mission alignment with profitability

  • What the next 12 months look like for Cervest

Links to topics discussed in this episode:


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