WorldCover

OverviewSuggest Edit

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.

TypePrivate
Founded2015
HQNew York, NY, US
Websiteworldcovr.com

Latest Updates

Employees (est.) (Feb 2021)22(-8%)
Cybersecurity ratingBMore

WorldCover Office Locations

WorldCover has offices in New York and Tamale
New York, NY, US (HQ)
120 E 23rd St
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WorldCover Financials and Metrics

Summary Metrics

Founding Date

2015

WorldCover total Funding

$6 m

WorldCover latest funding size

$6 m

Time since last funding

2 years ago

WorldCover investors

WorldCover's latest funding round in May 2019 was reported to be $6 m. In total, WorldCover has raised $6 m
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WorldCover Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

WorldCover Online and Social Media Presence

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WorldCover News and Updates

WorldCover raises $6M round for emerging markets climate insurance

WorldCover, a New York and Africa-based climate insurance provider to smallholder farmers, has raised a $6 million Series A round led by MS&AD Ventures. Y-Combinator, Western Technology Investment, and EchoVC also participated in the round. WorldCover’s platform uses satellite imagery, on-ground…

WorldCover Blogs

Impact Event Series: Protecting Almond Crops against Frost Damage

Photo credit: JoLynne MartinezThis is the first article in a series we are starting called the Impact Event Series, where we will go in depth on a specific weather risk associated with almonds and explore how we model that risk and help farmers hedge against crop damage.Frost is one of those climati…

WorldCover Frequently Asked Questions

  • When was WorldCover founded?

    WorldCover was founded in 2015.

  • How many employees does WorldCover have?

    WorldCover has 22 employees.

  • Who are WorldCover competitors?

    Competitors of WorldCover include BLP (Building LifePlans Ltd), Cppgroup and ProAssurance.

  • Where is WorldCover headquarters?

    WorldCover headquarters is located at 120 E 23rd St, New York.

  • Where are WorldCover offices?

    WorldCover has offices in New York and Tamale.

  • How many offices does WorldCover have?

    WorldCover has 2 offices.