Weather Analytics provides weather and predictive risk software designed to improve decision support for insurers across risk selection, pricing, underwriting, actuarial sciences, claims and policyholder services. The company collects weather information which is cleansed by a team of meteorologists and transformed into predictive insights. Its core product delivers decision-support tools and analytics tailored to insurance workflows. Weather Analytics said it will use the new capital to accelerate scientific and technical innovation. At the time of the report it had raised $17M in a Series B and $30M in total funding. The company is led by Chairman & CEO Bill Pardue and President & COO Chris Skarinka and is based in Washington, D.C. Weather Analytics is a weather and climate data startup that ingests and analyzes global environmental measurements. The company processes more than 6 billion weather measurements every day from a worldwide network of over 45,000 sensors, including ground stations, buoys, ships, aircraft and balloons. It relocated from Virginia to Silver Spring, Maryland and now employs 10 full-time staff in an office there. The move was incentivized by a $500,000 investment from the state’s InvestMaryland fund. That $500,000 led a broader $2 million investment round for the company. The article does not disclose additional financial details, revenue figures, or other investors beyond InvestMaryland.

Total raised

$19M

Funding rounds

2

Latest round

Series B

Latest activity

Mar 2017