What is Sensible Weather?
Founded in 2019 and headquartered in Santa Monica, California, Sensible Weather operates at the intersection of climate science and technology. The company leverages a proprietary climate risk platform designed to assist end-users in effectively managing environmental uncertainties. Its initial product, a partner-branded Weather Guarantee service, offers automatic reimbursements to travelers when adverse weather conditions disrupt their trips. This innovative approach positions Sensible Weather as a key player in the burgeoning climate tech sector, addressing a tangible need for risk mitigation in the travel industry and beyond.
How much funding has Sensible Weather raised?
Sensible Weather has raised a total of $16M across 2 funding rounds:
Angel/Seed
$4M
Series A
$12M
Angel/Seed (2021): $4M with participation from Wonder Ventures and Walkabout Ventures
Series A (2022): $12M led by Certare Ventures, Derive Technologies, and Infinity Ventures
Key Investors in Sensible Weather
Wonder Ventures
Wonder Ventures is a venture capital firm based in Southern California that focuses on investing in early-stage companies, providing financial backing and resources for growth.
Walkabout Ventures
Walkabout Ventures operates in the Crops industry, focusing on early-stage investments and supporting founder growth with a network of tech executives.
Certare Ventures
Certare Ventures is an investment banking firm headquartered in Chicago, Illinois, involved in providing capital for growing companies.
What's next for Sensible Weather?
The recent major strategic investment signals a pivotal growth phase for Sensible Weather. This capital infusion is expected to fuel the company's expansion, likely enabling further development of its climate risk platform and the enhancement of its Weather Guarantee service. Strategic partnerships and broader market penetration are anticipated as Sensible Weather aims to solidify its position. The company's focus on leveraging technology to provide actionable climate risk management solutions suggests a trajectory towards becoming a leader in its specialized field, potentially exploring new verticals and applications for its core technology.
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