About Storm Strong
Storm Strong is a company based in Lisle (United States) founded in 2022. It operates as a D2C. Storm Strong offers products and services including Hurricane Protection Plan. Storm Strong operates in a competitive market with competitors including Spot, Sensible Weather, Arbol, Plover Parametrics and Sprout, among others.
- Headquarter Lisle, United States
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Sectors
Financial Services
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Email
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Phone
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Website
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- Legal Name Parachute Insurance Inc.
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Annual Revenue
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Employee Count
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Products & Services of Storm Strong
Storm Strong offers a comprehensive portfolio of products and services, including Hurricane Protection Plan. 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.
Delivers automatic payouts based on weather data for quick financial relief.
Funding Insights of Storm Strong
| 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 |
Investments & Acquisitions by Storm Strong
| 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 - Storm Strong
| 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 |
Storm Strong Comparisons
Competitors of Storm Strong
Storm Strong 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, Plover Parametrics and Sprout, 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 |
A cloud-based platform is offered for parametric insurance solutions.
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| domain | founded_year | HQ Location |
Virtual spaces for calling and meetings are provided to users.
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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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Frequently Asked Questions about Storm Strong
When was Storm Strong founded?
Storm Strong was founded in 2022.
Where is Storm Strong located?
Storm Strong is headquartered in Lisle, United States. It is registered at Lisle, Illinois, United States.
What does Storm Strong do?
Storm Strong delivers risk management solutions for hurricanes and natural disasters, using weather data to trigger automatic payouts. It operates through an online platform where users enter their address to get quotes and approve plans. The service supports consumers and businesses by covering deductibles and uninsured expenses, ensuring quick recovery. Based on inferred US operations, it focuses on climate resilience without promotional bias.
Who are the top competitors of Storm Strong?
Storm Strong's top competitors include Arbol, Spot and Sensible Weather.
What products or services does Storm Strong offer?
Storm Strong offers Hurricane Protection Plan.