• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechStartups & Venture

Eventual, a climate fintech, raises $7.5 million seed round from AlleyCorp and Upfront Ventures

Allie Garfinkle
By
Allie Garfinkle
Allie Garfinkle
Senior Finance Reporter and author of Term Sheet
Allie Garfinkle
By
Allie Garfinkle
Allie Garfinkle
Senior Finance Reporter and author of Term Sheet
July 22, 2025 at 8:53 PM UTC
The Eventual team.Eventual

Growing up in Hawaii, Dylan DiMarchi was a sailor. And he watched as the weather shifted throughout his childhood, and adolescence. 

Recommended Video

“I’ve been sailing for two decades now, and noticing patterns in the weather is our main job as sailors,” he said. “There are definitely changes in certain venues. Like, in my home venue [on Oahu] Kāneʻohe, we’ve seen wind directions and strength definitely and measurably change over the last two decades. While it’s hard to know exactly what dynamics are leading to that change on that island in the Pacific, it’s really important we spend a lot of time looking at weather models.”

DiMarchi has spent much of his life thinking about weather—his experience sailing is connected to his life as an entrepreneur, as cofounder and CEO of Eventual, a startup helping insurance carriers and homeowners predict climate-driven pricing changes. Founded in 2023 by DiMarchi and Youssef Doss, Eventual built a model—based on historical and current data from 20 million homes and 150,000 commercial properties—that estimates how insurance prices on homes in the U.S. will change in the coming years. 

“We’re focused on not just solving insurance generally, but on a relatively new stress—this unpredictability and timing problem.” said DiMarchi. “Many of our customers have seen premiums, often unexpectedly, increase 50% to 100% over the last three or four years, which is wild to say out loud.”

Now, Eventual has raised a $7.5 million seed round led by AlleyCorp and Upfront Ventures, the company exclusively told Fortune. 

“Over time, we see this being useful for every homeowner in America,” Luc Ryan-Schreiber, AlleyCorp investor, added via email. “Anyone who owns property should have access to this sort of long-term predictability, as insurance pricing has suddenly become one of the most urgent financial problems in real estate today.”

Eventual’s new key product is called Premium Lock, an AI model predicting how insurance prices will evolve for any given U.S. property as far ahead as five years in the future. Right now, it’s available nationwide. Eventual solves “the rollercoaster ride of property insurance premiums,” said Yoon Lee, founder at Connecticut-based real estate company RoomUnity. 

“When you own multiple properties, getting a clear picture of your expenses is super important for planning,” Lee said via email. “Insurance companies base their premiums on replacement cost, which is highly exposed to increases in construction material and labor inflation. Eventual is a smart way to hedge against that risk; it effectively caps how much our premium can go up for a set period. This kind of predictability is invaluable for our financial planning.”

At a time when the Trump White House has been rolling back policies designed to address climate change, DiMarchi says it’s important to think about the far-off future as much as the near-term.

“We are climate pragmatists,” DiMarchi told Fortune. “You can’t just live your life decades out, working on mitigation. You also need to react to the near-term, on a one, two, or five-year time horizon. So, we think that’s our role in this whole universe—building financial resilience against a financial problem that’s a result of climate change.”

Fortune Global Forum returns Oct. 26–27, 2025 in Riyadh. CEOs and global leaders will gather for a dynamic, invitation-only event shaping the future of business. Apply for an invitation.
About the Author
Allie Garfinkle
By Allie GarfinkleSenior Finance Reporter and author of Term Sheet
LinkedIn iconTwitter icon

Allie Garfinkle is a senior finance reporter for Fortune, covering venture capital and startups. She authors Term Sheet, Fortune’s weekday dealmaking newsletter.

See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • Ceo Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.