About The Climate Service
The Climate Service is a company based in Asheville (United States) founded in 2014 was acquired by S&P Global in January 2022. The Climate Service has raised $11.82 million across 5 funding rounds from investors including S&P Global, Association of International Certified Professional Accountants and Synova. The Climate Service operates in a competitive market with competitors including Sedgwick, Encompass, Moody's Analytics, Munich Re and iManage, among others.
- Headquarter Asheville, United States
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Sectors
Financial ServicesEnvironment Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$11.82 M (USD)
in 5 rounds
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Latest Funding Round
$500 K (USD), Series A
Jul 12, 2021
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Investors
S&P Global
& 3 more
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Employee Count
Not available
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Acquired by
S&P Global
(Jan 04, 2022)
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People of The Climate Service
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Leadership Team
306 people
Software Development Team
288 people
Sales and Marketing
121 people
Data Analysis and Operations Team
41 people
Product Management Team
38 people
Operations Team
33 people
Senior Team
29 people
Head Team
20 people
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Funding Insights of The Climate Service
The Climate Service has successfully raised a total of $11.82M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $500 thousand completed in July 2021. 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.
Investors in The Climate Service
The Climate Service has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include S&P Global, Association of International Certified Professional Accountants and Synova.
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Synova is engaged in growth capital and private equity investments.
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Focused investments are made through flexible capital strategies.
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Investor details for The Climate Service
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Investments & Acquisitions by The Climate Service
Investment portfolio details for The Climate Service
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Financial Statements - The Climate Service
Detailed financials for The Climate Service
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The Climate Service Comparisons
Peer comparison for The Climate Service
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Competitors of The Climate Service
The Climate Service 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 Sedgwick, Encompass, Moody's Analytics, Munich Re and iManage, among others.
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Claims administration, loss adjusting, and benefits management services are provided.
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Corporate Digital Identity and KYC solutions are provided by Encompass.
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Risk management software is supplied for insurance and various sectors.
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Platform offering insurance risk management solutions
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Cloud-based document and risk management software is offered for enterprises.
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Provider of AI solutions for insurance underwriting, claims, and risk
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Detailed competitors of The Climate Service
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Latest news on The Climate Service
Complete news archive for The Climate Service
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Frequently Asked Questions about The Climate Service
The Climate Service was founded in 2014 and raised its 1st funding round 3 years after it was founded.
The Climate Service is headquartered in Asheville, United States. It is registered at Asheville, North Carolina, United States.
The Climate Service is a funded company, having raised a total of $11.82M across 5 funding rounds to date.
The Climate Service was founded in 2014 in Asheville, United States, and operates within the climate risk analytics sector for finance. A cloud-based platform is maintained to deliver analytics on climate change impacts to investors and financial institutions. The Climanomics system is employed to evaluate financial effects on assets, with solutions developed for assessing investment portfolio risks, real estate portfolio risks, and corporate risks.
The Climate Service's top competitors include Sedgwick, Encompass and Shift Technology.
The Climate Service has 4 investors. Key investors include S&P Global, Association of International Certified Professional Accountants, Synova, and Persei Venture.