Raincoat

About Raincoat

Raincoat is a company focused on enabling financial resilience from natural disasters through climate insurance at scale. Comprising a passionate team of engineers, scientists, and insurance experts, they aim to interconnect insurance providers, reinsurers, distributors, and end-users to deliver climate protection and resilience globally.

Products & Services

Science and Models:Developing sophisticated models to interpret environmental data for comprehensive insurance solutions.

Real-Time Data:Utilizing real-time data to activate coverage swiftly and transparently.

Advanced Reporting:Providing cutting-edge reporting and seamless integrations for management and oversight.

Embedded Distribution:Streamlining delivery of climate resilience through embedded distribution capabilities.

IT & Infrastructure:Built on robust, automated IT infrastructure to connect insurance providers, reinsurers, and end-users.

Delivering to Beneficiaries:Ensuring direct connection with beneficiaries to mitigate financial disruption from climate events.

Specialties

Climate Insurance Environmental Data Modeling Real-Time Data Analysis Insurance Distribution IT Infrastructure for Insurance

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Seed T: - FT: Seed	A: 6500000 MR: - FA: $6.5 million FAN: 6500000	D: 2023-06-26 FD: 2023-06-26	4 investors

Seed Latest

2023-06-26

$6.5M

4 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Mock Up

Team & Leadership

L

Leigh Buchanan

Editor-at-Large, Inc. Magazine

M

Melissa Rowley

CEO of Warrior Love Productions and Creator of Storytelling Secrets Course

Recent News

Raincoat Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised