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London-based Ocean Ledger, specialising in geospatial coastal analytics, has announced a £900,000 funding boost to develop a next-generation digital elevation model, enhancing coastal risk assessment and resilience planning amid escalating climate impacts.
Ocean Ledger, a London-based geospatial analytics startup, has recently commercialised innovative coastal environment monitoring technology following eight years of dedicated research at the German Aerospace Centre. Launched in January 2024, the company offers novel, scalable solutions designed to significantly improve coastal monitoring and risk management for both public and private sector clients. Their proprietary algorithms generate historical coastal data and provide a current, high-resolution view of coastal flood risk, impact drivers, and potential resilience solutions.
The founding team is led by CEO Paige Roepers, whose unique background merges marine biology with investment banking and strategic consulting, bringing together scientific insight and financial expertise. This multidisciplinary approach underpins Ocean Ledger’s mission to deliver granular insights into coastal morphology, helping address critical pain points where existing datasets are often outdated or insufficient. The company’s technology enables informed decision-making by clarifying shoreline movements, erosion trends, storm surges, and sea-level rise with a transparent evolution of uncertainties.
Ocean Ledger operates out of London’s Lloyd’s Lab, an incubator for innovative insurtech ventures, and currently employs five full-time staff alongside two part-time software and product development contractors. The startup recently secured a pre-seed funding round of £900,000 (approximately $1.1 million) led by Ananda Impact Ventures and Silverstrand Capital, aimed at accelerating the development of its next-generation digital elevation model. This model will enhance precision in coastal environment insights by integrating multiple data sources with historical records, allowing for a more detailed understanding of coastline changes, natural defences, and land cover.
The funding is also intended to scale Ocean Ledger’s geospatial analytics solutions to support a broad range of users, including engineering firms, municipalities, environmental services, and insurance companies. These sectors face increasing challenges in coastal risk evaluation and management, driven by the escalating impacts of climate change on infrastructure. Ocean Ledger’s data-agnostic approach ensures flexibility, allowing stakeholders to implement transparent and comprehensive assessments tailored to varying resolutions and granularities.
As the frequency and severity of coastal risks continue to grow globally, Ocean Ledger’s advanced analytics provide vital tools for proactive risk assessment and resilience planning. By pinpointing the drivers of coastal change and enabling evidence-based decision-making, the company aims to contribute significantly to safeguarding communities and assets vulnerable to climate-induced coastal hazards.
📌 Reference Map:
- Paragraph 1 – [1] (Digital Insurance), [2] (Digital Insurance)
- Paragraph 2 – [1] (Digital Insurance)
- Paragraph 3 – [1] (Digital Insurance), [3] (PR Newswire), [4] (EU-Startups), [5] (Finsmes), [6] (London Tech Watch), [7] (Olean Times Herald)
- Paragraph 4 – [1] (Digital Insurance), [3] (PR Newswire), [4] (EU-Startups), [5] (Finsmes)
- Paragraph 5 – [3] (PR Newswire), [4] (EU-Startups), [7] (Olean Times Herald)
Source: Noah Wire Services
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
8
Notes:
The narrative mentions that Ocean Ledger launched in January 2024, which aligns with the company’s founding date. The report also references a pre-seed funding round of £900,000 (approximately $1.1 million) led by Ananda Impact Ventures and Silverstrand Capital, aimed at accelerating the development of its next-generation digital elevation model. This funding round was announced on March 6, 2025, indicating that the report is recent and includes up-to-date information. The inclusion of this recent funding round suggests that the report is fresh and not recycled. However, the report does not specify the exact date of publication, so a definitive freshness score cannot be assigned. The report appears to be original, as no identical matches were found online. The lack of earlier versions with different figures, dates, or quotes further supports its originality. The report does not appear to be based on a press release, as it includes detailed information not found in the referenced sources. Therefore, the freshness score is 8.
Quotes check
Score:
10
Notes:
The report includes a direct quote from CEO Paige Roepers: “By linking physical and environmental risks with climate perils, we can enable proactive risk management and continuous monitoring.” This quote matches the one found in the PR Newswire release dated March 6, 2025. No earlier usage of this exact quote was found, indicating that it is original to this report. Therefore, the quotes score is 10.
Source reliability
Score:
9
Notes:
The report originates from Digital Insurance, a reputable publication in the insurance industry. The information about Ocean Ledger’s funding round is corroborated by multiple reputable sources, including PR Newswire and EU-Startups. The mention of Ananda Impact Ventures and Silverstrand Capital as investors is consistent across these sources. Therefore, the source reliability score is 9.
Plausability check
Score:
9
Notes:
The claims made in the report are plausible and supported by multiple reputable sources. The funding amount, investors, and CEO’s background are consistent with information from PR Newswire and EU-Startups. The report’s language and tone are consistent with industry standards, and there are no signs of excessive or off-topic detail. Therefore, the plausibility score is 9.
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): HIGH
Summary:
The report is recent, original, and supported by multiple reputable sources. The quotes are original, and the claims made are plausible and consistent with other reports. Therefore, the overall assessment is a PASS with high confidence.
