Details

Last Funding Type

Seed

Industries

Financial Services,FinTech,Impact Investing,Insurance,Social Entrepreneurship

Founded date

May 1, 2015

Number Of Employee

11 - 50

Operating Status

Active

WorldCover protects farmers around the world from droughts, by offering satellite-enabled insurance delivered with mobile money.

Founded by MIT computer science and finance professionals, WorldCover is building an insurance platform to address the $100 billion in climate risks facing the world today. 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.