We use cookies

We may place these for analysis of our visitor data, to improve our website, show personalised content and to give you a great website experience. For more information about the cookies please visit our Privacy Policy.

Okay, I understand
Category Name

Sensible Weather raises $4m!

December 20, 2021

Sensible Weather, a climate risk technology company, announced $4 million in seed funding led by Wonder Ventures and Walkabout Ventures. Additional investors include Group 1001, Spencer Rascoff’s 75 & Sunny Ventures, Raj Gokal of Solana Labs, Spike Lipkin & Gordon Wintrob of Newfront Insurance, and Kiran Bhatraju of Arcadia Energy.

This new investment, combined with a research and development grant from the National Science Foundation, and new debt capacity to support underwriting, brings the company’s total financing to approximately $10 million. Sensible’s first product offering, a partner-branded Weather Guarantee service, automatically reimburses travelers when bad weather impacts their in-trip experience.
Founded in 2019, the California-based startup’s Weather Guarantee service is built upon its “proprietary Climate Risk Platform, a high-performance data, analytics and risk assessment engine.”

Consumers purchase Weather Guarantee protection when booking travel reservations and event tickets from Sensible partners. If a weather event such as rain is forecasted to occur during an outdoor experience, Sensible automatically texts the customer a link to easily collect their reimbursement the morning of their experience. Guarantee payments are processed immediately, with payouts based on the number of hours the experience is negatively impacted by weather. For example, three hours of rain on any day of a covered hotel stay results in an automatic 100% payout of the hotel reservation’s average daily rate.

“With climate increasingly impacting vacations, in-destination experiences, and outdoor events, Sensible’s Weather Guarantee service offers consumers assurance when booking reservations online as travelers can now recoup their experiential losses when bad weather interferes with their plans. Our embedded fintech service helps customer-centric travel brands increase conversion rates and ancillary revenues, while at the same time decreasing last-minute cancellations and enhancing their guest experience.” – Nick Cavanaugh, Ph.D., founder and CEO of Sensible Weather.

Want some leadership wisdom
in your inbox?

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
By clicking submit you agree to processing your personal data by Finpro for the purpose of processing your request. You acknowledge that you have the right to access and rectify above-mentioned personal data. Please visit our Privacy Policy to know more about how we process your data
Category Name
Foresight group raises $39M!

Read More
Category Name
Honeycomb Insurance raises $15.4m!

Read More
Category Name
American Financial Group acquires underwriting startup Verikai for $120 million

Read More
Category Name

Heading

This is some text inside of a div block.

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Want some leadership wisdom
in your inbox?

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
By clicking submit you agree to processing your personal data by Finpro for the purpose of processing your request. You acknowledge that you have the right to access and rectify above-mentioned personal data. Please visit our Privacy Policy to know more about how we process your data
Category Name
Heading

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Read More
Category Name
Heading

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Read More
Category Name
Heading

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Read More