Fiat currencies
Crypto Currencies
No results for ""
We couldn't find anything matching your search.Try again with a different term.
Arbol - Series A
Overview
Funding Date
January 19, 2021
Financing amount
$7M
Valuation
--
Catagory
Subcategory
About Arbol - Series A
Arbol Inc. announced today that it has closed its Series A fundraising round with commitments totaling nearly $7 million. Arbol's Series A round was oversubscribed and completed at a significant increase in valuation from its initial seed round. All of the company's original seed investors, including Finch Finance LLC and Space Capital, recommitted for the Series A round, in addition to one new investor, Mubadala Capital-Ventures.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Unknown | -- | 3 | -- | ||
| Fund | United States of America | 2017 | 4 | -- | ||
| Corporate | Netherlands | -- | 1 | -- |
Founders & Team
Sid Jha
Company Profile / Project Introduction
Arbol is a global climate risk coverage platform and FinTech company offering full-service solutions for any business looking to analyze and mitigate exposure to climate risk. Arbol’s products offer parametric coverage which pays out based on objective data triggers rather than subjective assessment of loss. Arbol’s key differentiator versus traditional InsurTech or climate analytics platforms is the complete ecosystem it has built to address climate risk. This ecosystem includes a massive climate data infrastructure, scalable product development, automated, instant pricing using an artificial intelligence underwriter, blockchain-powered operational efficiencies, and non-traditional risk capacity bringing capital from non-insurance sources. By combining all these factors, Arbol brings scale, transparency, and efficiency to parametric coverage.
Arbol has unveiled a parametric insurance platform powered by artificial intelligence (AI) and blockchain, developed in collaboration with the RiskStream Collaborative, which claims to be the biggest enterprise-level blockchain consortium of the insurance industry.