What is Weather Analytics?
Founded in Dover, NH, in 2012, Weather Analytics LLC specializes in advanced weather and predictive hazard software solutions. The company offers comprehensive risk analysis, gap-free weather data, and forensic claims management tools. Its platform provides capabilities for gauging weather triggers, advanced map visualization, online assessment, and extensive database access to weather, climate, geography, and ecosystem information. Weather Analytics serves a global clientele across government, insurance, and agriculture departments, enabling them to make informed decisions based on detailed environmental data and predictive modeling.
How much funding has Weather Analytics raised?
Weather Analytics has raised a total of $36.3M across 5 funding rounds:
Debt
$2M
Private Equity
$795K
Series A
$12.9M
Series B
$17M
Private Equity
$3.5M
Debt (2013): $2M with participation from Kinetic Ventures
Private Equity (2014): $795K, investors not publicly disclosed
Series A (2015): $13M, investors not publicly disclosed
Series B (2017): $17M featuring W. R. Berkley Corporation and Tokio Marine HCC
Private Equity (2017): $3.5M, investors not publicly disclosed
Key Investors in Weather Analytics
Kinetic Ventures
Kinetic Ventures is a venture capital firm established in 1985, dedicated to accelerating entrepreneurial growth, particularly in the broadband and enterprise sectors. They aim to be a value-added partner to thought leaders, prioritizing innovative and disruptive entrepreneurs.
W. R. Berkley Corporation
W. R. Berkley Corporation is a global insurance holding company founded in 1967, specializing in commercial lines property and casualty insurance. They offer tailored insurance solutions and risk management services through numerous independently managed businesses worldwide.
Tokio Marine HCC
Tokio Marine HCC is a leading global specialty insurance group and a subsidiary of Tokio Marine Group. The company operates in over 180 countries, providing a wide array of specialty insurance products and risk management services.
What's next for Weather Analytics?
The substantial enterprise-level funding and recent strategic investment indicate Weather Analytics is poised for significant expansion and technological advancement. This capital infusion will likely be directed towards enhancing its predictive hazard software, expanding its data analytics capabilities, and broadening its market reach within the government, insurance, and agriculture sectors. The company's focus on providing detailed weather and climate information positions it to capitalize on the increasing demand for data-driven risk management solutions in an era of climate change and extreme weather events.
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