Storm Exchange provides a technology platform to manage weather risk situations.
Business Model: B2B
Revenue: $10M
Employees: 2-10
Address:
City: New York
State: New York
Zip:
Country: United States
Storm Exchange helps businesses better manage weather risk. The company provides weather-related data and benchmarks, and it also works with companies to correlate their revenues to specific weather conditions (e.g. temperature, rain, wind). The company helps corporations improve performance by identifying, measuring and managing the impact of weather on their income and expenses. Storm Exchange also serves investors, insurers and other financial industry participants with information that enables them to anticipate how weather will impact investment.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 12/2006 | Series A | 2 | $3.6M |
RRE Ventures Venrock RRE Ventures Venrock |
3/2008 | Venture Round | 2 | $7.2M |
RRE Ventures Venrock RRE Ventures Venrock |
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