WorldCover

Closed

Funding platform for global insurance, starting with crop insurance…

New York, United States · $6.0M raised

Headquarters
New York, New York
Employees
11–50
Total Funding
$6.0M
Last Round
$6.0M Series AMay 2019
Rounds
2

About

WorldCover offers peer-to-peer investments that provide insurance to the global poor. We connect a growing pool of investors who seek uncorrelated investment returns and impact from their capital with a huge and growing need for natural disaster insurance in the developing world. WorldCover's platform improves food and income security for smallholder farmers in developing countries. More than 70% of the 2.5 billion people living at the “base of the pyramid” throughout the world rely on agriculture for income and sustenance. Farmers face a number of major risks to their livelihoods which they cannot control. Insurance gives them a sense of security even if they have a bad harvest, allowing them to improve their diets, invest in their farms, and send their children to school. In an increasingly interconnected world, diversified markets are becoming harder and harder to find. WorldCover's investment products offer both retail and professional investors attractive yet uncorrelated returns with the world's financial markets.

Summary

WorldCover is a Fintech company based in New York, United States. It has raised $6.0M in total across 2 rounds, most recently a $6.0M Series A round in May 2019. Investors include Y Combinator Continuity Fund, MS&AD Ventures and Western Technology Investment.

Tech & App Stack

1 technologies & apps tracked

Create a free account — 10 credits a month to unlock the full tech & app stack, funding history, and valuations.

Sign up to view the funding chart

Create a free account — you'll get 10 credits a month to unlock funding history, valuations, and tech stacks.

Funding History

Series ASeries AMay 2019
$6.0M

Sign up to see all 2 rounds

Full funding history, per-round amounts, and investor participation.

Investors

Similar Companies