WorldCover

company

About

WorldCover protects farmers around the world from droughts, by offering satellite-enabled insurance delivered with mobile money.

  • 11 - 50

Details

Last Funding Type
Seed
Industries
Financial Services,FinTech,Impact Investing,Insurance,Social Entrepreneurship
Founded date
May 1, 2015
Number Of Employee
11 - 50
Operating Status
Active

WorldCover protects farmers around the world from droughts, by offering satellite-enabled insurance delivered with mobile money.

Founded by MIT computer science and finance professionals, WorldCover is building an insurance platform to address the $100 billion in climate risks facing the world today. 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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
WorldCover has raised a total of — in funding over 2 rounds. Their latest funding was raised on Mar 22, 2016 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 22, 2016 Seed 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
WorldCover is funded by 1 investors. ACE & Company are the most recent investors.
Investor Name Lead Investor Funding Round
ACE & Company Seed