About Plover Parametrics
Plover Parametrics is a company based in San Francisco (United States) founded in 2022 by Max Clarke, Tommy Peeples, and Ranajay Sen.. Plover Parametrics has raised $4.83 million across 3 funding rounds from investors including Y Combinator. The company has 6 employees as of December 31, 2024. Plover Parametrics offers products and services including Risk Scenario Analysis and Parametric Solutions. Plover Parametrics operates in a competitive market with competitors including Spot, Sensible Weather, Arbol, Sprout and Storm Strong, among others.
- Headquarter San Francisco, United States
- Employees 6 as on 31 Dec, 2024
- Founders Max Clarke, Tommy Peeples, Ranajay Sen
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Sectors
Financial Services
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Phone
*********
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Website
*********
- Legal Name Plover Parametrics Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.83 M (USD)
in 3 rounds
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Latest Funding Round
- Investors
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Employee Count
6
as on Dec 31, 2024
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Products & Services of Plover Parametrics
Plover Parametrics offers a comprehensive portfolio of products and services, including Risk Scenario Analysis and Parametric Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for backtesting insurance risks and exposures.
Platform for quantifying and recommending insurance products.
Funding Insights of Plover Parametrics
Plover Parametrics has successfully raised a total of $4.83M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(30 Mar 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2024 | Amount | Series B - Plover Parametrics | Valuation |
investors |
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| Apr, 2022 | Amount | Series A - Plover Parametrics | Valuation |
investors |
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| Mar, 2022 | Amount | Seed - Plover Parametrics | Valuation | Y Combinator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Plover Parametrics
Plover Parametrics has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Plover Parametrics
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Plover Parametrics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Plover Parametrics Comparisons
Competitors of Plover Parametrics
Plover Parametrics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Spot, Sensible Weather, Arbol, Sprout and Storm Strong, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
On-demand injury insurance is provided for high-risk sports participants.
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| domain | founded_year | HQ Location |
Provider of weather guarantees for travel and outdoor experiences. It offers proactive reimbursements to customers if inclement weather disrupts their pre-booked trips or activities. The service integrates directly with various travel and hospitality partners, allowing customers to add a weather guarantee during the booking process. Reimbursements are automated based on weather forecasts, eliminating the need for claims processes. The company covers a range of experiences, including hotels, resorts, camping, golf, skiing, and live events.
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| domain | founded_year | HQ Location |
Climate risk management solutions are provided through parametric insurance.
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| domain | founded_year | HQ Location |
Virtual spaces for calling and meetings are provided to users.
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| domain | founded_year | HQ Location |
Provides automatic financial relief for hurricane damages via online plans.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Plover Parametrics
Frequently Asked Questions about Plover Parametrics
When was Plover Parametrics founded?
Plover Parametrics was founded in 2022.
Where is Plover Parametrics located?
Plover Parametrics is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Plover Parametrics?
Max Clarke is the current CEO of Plover Parametrics. They have also founded this company.
Is Plover Parametrics a funded company?
Plover Parametrics is a funded company, having raised a total of $4.83M across 3 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Mar 30, 2022.
How many employees does Plover Parametrics have?
As of Dec 31, 2024, the latest employee count at Plover Parametrics is 6.
What does Plover Parametrics do?
Plover Parametrics was founded in 2022 and is headquartered in San Francisco, United States. The company operates in the insurtech sector, providing a cloud-based platform tailored for parametric insurance. Solutions are delivered for data infrastructure, claims administration, cost management, and related functions. Data tools are also supplied to support parametric insurance products across various applications.
Who are the top competitors of Plover Parametrics?
Plover Parametrics's top competitors include Arbol, Spot and Sensible Weather.
What products or services does Plover Parametrics offer?
Plover Parametrics offers Risk Scenario Analysis and Parametric Solutions.
Who are Plover Parametrics's investors?
Plover Parametrics has 1 investor. Key investors include Y Combinator.