The Climate Corporation aims to help farmers around the world protect and improve their farming operations with uniquely powerful software and insurance products.
General company ifno:
Year of founded: 2007
Zip Code: 94103
Employees: 51-200
In sector: Food & Agriculture
Revenue Sources: Software licensing
Social Impact:
Description:
The Climate Corporation aims to help farmers around the world protect and improve their farming operations with powerful software and insurance products. The company’s proprietary Climate Technology Platform‚ combines hyper-local weather monitoring, agronomic data modeling, and high-resolution weather simulations to deliver Climate Basic and Climate Pro‚ mobile SaaS solutions that helps farmers improve profitability by making better informed operating and financing decisions, as well as Total Weather Insurance, an insurance offering that pays farmers automatically for bad weather that may impact their profits. The company is also an authorized provider of the U.S. Federal crop insurance program, enabling authorized independent crop insurance agents to provide farmers with a powerful full-stack risk management solution. In the face of increasingly volatile weather, the global $3 trillion agriculture industry depends on the company’s unique technologies to help stabilize and improve profits and, ultimately, help feed the world.
Financial Info:
Venture funding 2007 – 2012 through three round totaling around $110M. Investors include Google Ventures, Khosla Ventures, Founders Fund, Index Ventures and NEA.