Plover Parametrics - About the company
Plover Parametrics is a series B company based in San Francisco (United States), founded in 2022 by Tommy Peeples, Max Clarke and Ranajay Sen. It operates as a Cloud-based platform for parametric insurance. Plover Parametrics has raised $5.2M in funding from Y Combinator. The company has 6 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Sensible Weather, Arbol and Storm Strong.
Company Details
Cloud-based platform for parametric insurance. It offers solutions for data infrastructure, claims administration, cost management, and more. It offers data solutions for parametric insurance products.
Key Metrics
Founded Year
2022
Location
San Francisco, United States
Stage
Series B
Total Funding
$5.2M in 3 rounds
Latest Funding Round
Investors
Ranked
3rd among 6 active competitors
Employee Count
6 as on Dec 31, 2024
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Legal entities associated with Plover Parametrics
Plover Parametrics is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PLOVER PARAMETRICS INC CIN: 880630835 , United States, Active | Dec 31, 1999 | - | 6 (As on Dec 31, 2024) | - |
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Plover Parametrics's funding and investors
Plover Parametrics has raised a total funding of $5.2M over 3 rounds. Its first funding round was on Mar 30, 2022. Plover Parametrics has 3 institutional investors.
Here is the list of recent funding rounds of Plover Parametrics:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 30, 2024 | 7365475 | Series B | 6032373 | 5417884 | 7488023 | 1336568 |
Apr 13, 2022 | 1637140 | Series A | 9638325 | 8662332 | 1678872 | 4768319 |
Mar 30, 2022 | 1156033 | Seed | 9520355 | 9649116 | 2792571 |
View details of Plover Parametrics's funding rounds and investors
Plover Parametrics' founders and board of directors
Founder? Claim ProfileThe founders of Plover Parametrics are Tommy Peeples, Max Clarke and Ranajay Sen. Max Clarke is the CEO of Plover Parametrics.
Here are the details of Plover Parametrics' key team members:
- Tommy Peeples: Co-Founder of Plover Parametrics. Contact Info: 1 email address
- Max Clarke: Co-Founder & CEO of Plover Parametrics. Contact Info: 1 email address
- Ranajay Sen: Co-Founder of Plover Parametrics and founder of 1 other company. Contact Info: 1 email address
View details of Plover Parametrics's Founder profiles and Board Members
Plover Parametrics' employee count trend
Plover Parametrics has 6 employees as of Dec 24. Here is Plover Parametrics's employee count trend over the years:
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Plover Parametrics's Competitors and alternates
Top competitors of Plover Parametrics include Sensible Weather, Arbol and Storm Strong. Here is the list of Top 10 competitors of Plover Parametrics, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sensible Weather 2019, Santa Monica (United States), Series A | Provider of weather guarantees for travel and outdoor experiences. It offers proactive reimbursements to customers if inclement weather disrupts their pre-booked trips or activities. The service integrates directly with various travel and hospitality partners, allowing customers to add a weather guarantee during the booking process. Reimbursements are automated based on weather forecasts, eliminating the need for claims processes. The company covers a range of experiences, including hotels, resorts, camping, golf, skiing, and live events. | $20M | 59/100 | |
2nd | Arbol 2018, New York City (United States), Series B | Provider of parametric insurance products using climate data and smart contracts | $69.2M | 56/100 | |
3rd | Plover Parametrics 2022, San Francisco (United States), Series B | Cloud-based platform for parametric insurance | $5.2M | 43/100 | |
4th | Storm Strong 2022, Lisle (United States), Unfunded | Weather insurance solution for individuals and businesses | - | - | 25/100 |
5th | Suyana 2010, Cambridge (United States), Public | Providing affordable climate insurance using satellite data | - | - | 23/100 |
6th | ![]() Best Flood Insurance 2019, Tampa (United States), Unfunded | Online platform providing flood insurance quotes and policy management solutions | - | - | 16/100 |
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Plover Parametrics's Investments and acquisitions
Plover Parametrics has made no investments or acquisitions yet.
Reports related to Plover Parametrics
Here is the latest report on Plover Parametrics's geography:
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