Cambridge Judge Business School Announces Risilience Spin-Out

The Risilience logo

Cambridge, UK, 21 October

University of Cambridge Judge Business School and a group of international investors today (21 October) announced the launch of Risilience, a new commercial company offering a platform applying the research frameworks and approaches of the Centre for Risk Studies at the Business School.

Risilience and its SaaS (software as a service) platform were launched with Series A funding of £6.05 million from investors including lead investor IQ Capital, insurance multinational Tokio Marine, and US MIT alumni investment fund Castor Ventures.

The company’s products include a platform to help firms transition to a low-carbon economy, so the launch just before the COP26 climate-change conference in Glasgow is very timely.

Professor Daniel Ralph, Chairman of Risilience and Academic Director at the Cambridge Centre for Risk Studies (CCRS), said: “For several years, companies have asked us to make it easier for them to utilise the outputs of research developed at the CCRS. Risilience provides an analytical platform for a business to apply the research to quantify and manage its risk.”

Risilience, formally known as Cantab Risk Research Ltd, has been working for several years with a number of leading corporates developing applications of management science for their risk operations. It will now market the Risilience platform as a solution for companies to model their digital twin to turn their risk to strategic advantage.

Further details