FundedIQ
Financial Services

Demex: Funding, Investors & Team (Aug 2026)

The Demex Group is a technology company that provides customized financial risk solutions for climate resilience worldwide.

thedemexgroup.com LinkedIn Washington, United States 11-50 employees
Insurance InsurTech Risk Management
Total raised
$28.5M
Rounds
4
Latest
Series A
Sep 2024

Demex has raised $28.5M across 4 funding rounds on record, the most recent a Series A of $10.3M announced in Sep 2024.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Demex Company Profile and Key Stats

Total funding raised
$28.5M
across 4 rounds on record
Funding rounds on record
4
Latest funding round
Series A
$10.3M in Sep 2024
Employees
11-50
reported band
Headquarters
Washington, United States

Latest funding round on record: Sep 2024.

Demex Funding Rounds

Date
Round
Amount
Series A
$10.3M
Undisclosed round
$5.0M
Series A
$9.0M
Undisclosed round
$4.2M

Demex raised $4.2M in an undisclosed round announced in Aug 2020.

1.3 years later, a Series A of $9.0M was announced in Dec 2021.

1.7 years later, an undisclosed round of $5.0M was announced in Aug 2023.

1.1 years later, a Series A of $10.3M was announced in Sep 2024.

Demex Founders and Leadership Team

Name
Role
Contact
Stephen Bennett
Founder
Locked
Edward Byrns
CEO

Contact details for the Demex team: 1 of 2 have an email address on file.

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Demex Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
29,722
$7.5M
8,352
$15M

Demex's latest round of $10.3M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Demex Funding FAQs

What does Demex do?

The Demex Group is a technology company that provides customized financial risk solutions for climate resilience worldwide.

How much funding has Demex raised?

Demex has raised $28.5M across 4 rounds on record. The most recent is a Series A of $10.3M announced in Sep 2024.

When did Demex last raise funding?

Demex's most recent funding round on record is a Series A of $10.3M, announced in Sep 2024.

Who founded Demex?

FundedIQ lists Stephen Bennett (Founder) at Demex.

Who is the CEO of Demex?

Edward Byrns is listed as CEO at Demex.

Where is Demex headquartered?

Demex is based in Washington, District of Columbia, United States.

How many employees does Demex have?

Demex is in the 11-50 employee band.

How does Demex's funding compare to other Financial Services startups?

Demex's latest round of $10.3M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Demex Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Demex is left off this page rather than filled in.

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