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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.
WorldCover offers peer-to-peer investments. It connects 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.
PRODUCTS & SERVICES
P2P lending platform for crop insurance - connect social investors with farmers. The platform helps farmers from natural disasters and also improves food and income security to their livelhood.
Farmers and Retail investors
PRIMARY PROBLEM SOLVED
The platform protects farmers from natural disasters and gives investors diversified returns and direct social impact.
Worldcover leverages online data and technology to quickly asses the risk of the desired insurance policy. It also use satellites to monitor the rainfall and trigger payouts automatically.
BOARD MEMBERS AND ADVISORS
NUMBER OF EMPLOYEES
DATE OF LAST FUNDING
SEED & PRIOR FUNDING
SEED CLOSED ON
Convertible note: $100 k raised in Apr 2016.
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