Raincoat provides climate resilience solutions through embedded distribution, IT infrastructure, and direct connection with beneficiaries. The company streamlines the delivery of climate resilience services and bridges the gap between insurance providers, reinsurers, and end-users.

Raincoat

Raincoat is a passionate team of engineers, scientists, UX designers, and insurance experts developing the next generation of parametric insurance at scale. We partner with insurers, reinsurers, and governments in the development and distribution of these solutions.

Morro Ventures

305 Ventures

Anthemis

Divergent Capital Partners

Consorcio

Open Opportunity Fund

Two Sigma Ventures

Alma Mundi Ventures

Elefund

Revolution’s Rise of the Rest Seed Fund

Everything points to a very active hurricane season this year. Our team is closely monitoring Hurricane Beryl and we’re here to support all our partners in the region. Stay safe everyone!

We're honored to announce that Raincoat has been selected for Google for Startups Founders’ Funds 2024! 🎉 

Thank you, Google for Startups, for this incredible opportunity! We’re looking forward to connect with fellow innovators and showcase our vision.

 #GoogleForStartups #Innovation #Raincoat #ClimateInsurance

We're happy and grateful to have participated in COP28 UAE, contributing to a panel and showcasing our project in the startup village, thanks to New Energy Nexus.

It's always great to connect and collaborate with organizations and individuals that are aligned with our work to enable financial resilience from climate disasters.

Truly inspiring to see partners and communities forging a path towards a more resilient future!

#COP28 #Raincoat #ClimateAction #Resilience #Innovation #NewEnergyNexus #CommunityResilience #ClimateResilience

Last week marked a special moment for Raincoat - our first-ever in-person Strategic Offsite in Puerto Rico! Bringing our whole team together in one place after months of virtual collaboration was magical.

While strategy and vision topped our agenda, the culture, the food, and the landscape of the island added layers of rich experiences, making our time together even more special. These moments deepened our bonds and gave us a renewed appreciation for our team's diverse cultural backgrounds and perspectives.

A special shoutout to the partners and collaborators who joined us and shared some of their experiences with the team. This was a definite highlight - shedding light on our journey and the milestones ahead.

For remote companies like Raincoat, offsites are more than just strategy sessions. They are an opportunity to humanize connections, solidify our company culture, and remind us of the shared purpose that drives us.

🥂 Cheers to many more memories, insights, and offsites in the future! 🌧 🧥

We're very excited about AI's potential within the insurance industry context! 

An excellent Forbes piece by Ruth Foxe Blader, one of our investors, shines a light on the emerging role of AI in parametric insurance. In a world increasingly battered by climate events, we need to get creative in addressing these events. 

At Raincoat, we are proud to be part of this journey towards smarter, more efficient risk management in our changing world. 

#FutureOfInsurance #ClimateResilience #Raincoat 

You can read the article in this link:
https://lnkd.in/dE3vWKU5

Congrats to the Munich Re team on this amazing milestone and for supporting financial resiliency in the aftermath of natural disasters.

#climateresilience #parametricinsurance #climateinsurance #financialresilience

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Raincoat