Understory

insurtechsoftware/whitelabel/apis (insurtech)

FOUNDING YEAR: 2012
LOCATION: United States
Last Update: 01/05/2020

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About

Understory develops smart weather station micro-grids that collect tactical weather data and analytics for extreme weather events. The hardware generated by understory provides real-time, localized, weather data, gathered by a patent-pending, weather sensor.

Focus

PRODUCTS & SERVICES

Weather data & analytics tool to create real-time datasets, views, and actionable information from historical, current, and forecasted weather events to provide better insight and early detection of risks. It helps insurance companies to better engage with their policyholders regarding weather-related insurance claims.

People

FOUNDERS

Bryan Dow

Alex Kubicek

Alexander Jacobs

NUMBER OF EMPLOYEES

11-50

INVESTORS:

4490 Ventures

Arenberg Holdings

Bolt

CSA Partners

Gener8tor

Monsanto

N29 Capital Partners

RRE Ventures

SK Ventures

True Ventures

VTF Capital

Momentum

FUNDED

YES

TOTAL FUNDING

$22.22 M

DATE OF LAST FUNDING

May 2019

SEED & PRIOR FUNDING

$1.97 M

SEED CLOSED ON

Apr 2014

FUNDING SERIES

SERIES A  · $15 M  · Oct 2018

SERIES B  · $5.25 M  · May 2019

LISTED

NO

BASICS

FOUNDING YEAR:

2012

LOCATION:

United States

Views:

37 VISITORS | 60 VIEWS
LATEST FUNDING ROUND

$22.2 M

TOTAL EMPLOYEES
11-50

About

Understory develops smart weather station micro-grids that collect tactical weather data and analytics for extreme weather events. The hardware generated by understory provides real-time, localized, weather data, gathered by a patent-pending, weather sensor.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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