WeatherBill Overview
WeatherBill offers weather coverage to weather-sensitive businesses large and small such as outdoor events, travel companies, ski resorts, farms, amusement parks, farms and other agribusinesses. This is not insurance. Instead of a claims process or proof of loss, weather coverage pays based on weather station measurements.
WeatherBill offers the only weather coverage that can be purchased...More»
WeatherBill offers weather coverage to weather-sensitive businesses large and small such as outdoor events, travel companies, ski resorts, farms, amusement parks, farms and other agribusinesses. This is not insurance. Instead of a claims process or proof of loss, weather coverage pays based on weather station measurements.
WeatherBill offers the only weather coverage that can be purchased online or over the phone to protect revenue and control costs from bad weather.
The company, founded by former Googlers David Friedberg and Siraj Khaliq and backed by weather risk and catastrophe reinsurance fund manager, Nephila Capital, recently announced the launch of WeatherBill White Label.
The new platform is a complete technology solution that powers branded third party weather insurance and has the capacity to automate weather coverage pricing, transaction processing, and risk management functions, while providing automated client, broker, and internal sales applications.«Less
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Management
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Funding
| Date | Type | Capital Amount | Post-Money Valuation | Investors |
|---|---|---|---|---|
| Unknown | Seed | 4M | Unknown | |
| 10/2007 | Series A | 12.5M | Unknown | |
| 10/17/2007 | Series B | 14.6M | Unknown | |
| 02/2011 | Series B | 42M | Unknown |
Products
| Name: | WeatherBill |
| Product URL: | http://www.weatherbill.com/ |
| Date Launched: | 01/2007 |
| Description: | WeatherBill is an electronic commerce website launched in January 2007 that allows companies to buy contracts based on future weather events as a hedge against weather-based business risks. |
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02/28/2011 07:16PM by limguine
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WeatherBill nabs $42M from Khosla, Google to help farmers cope with climate change
Feb 28, 2011 - 0 comments
WeatherBill Changes Company Name to The Climate Corporation; Appoints Former U.S. Senator Byron Dorgan to Board of Directors
Oct 10, 2011 - 0 comments
WeatherBill Gets $42M
Mar 1, 2011 - 0 comments
WeatherBill Gets $42M From New Investors Khosla, Google Ventures
Feb 28, 2011 - 0 comments
WeatherBill® Raises $42 Million to Expand Technology Platform that Helps Farmers Worldwide Adapt to Climate Change
Feb 28, 2011 - 0 comments
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