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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
Employee Count
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
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Plover Parametrics' founders and board of directors

Founder? Claim Profile
The 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:

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:
Employee count trend for Plover Parametrics
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Sensible Weather
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
Logo for Arbol
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
Logo for Plover Parametrics
Plover Parametrics
2022, San Francisco (United States), Series B
Cloud-based platform for parametric insurance
$5.2M
43/100
4th
Logo for Storm Strong
Storm Strong
2022, Lisle (United States), Unfunded
Weather insurance solution for individuals and businesses
-
-
25/100
5th
Logo for Suyana
Suyana
2010, Cambridge (United States), Public
Providing affordable climate insurance using satellite data
-
-
23/100
6th
Logo for Best Flood Insurance
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:

News related to Plover Parametrics

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