Fundz

Poncho raised CHF 550,000 in a seed round led by WeBuild Ventures to enhance weather-insured travel services.

PRIVATENov 25, 2024

Amount Raised

CHF550,000

Round Type

Seed

ZurichInsurance

Investors

WeBuild Ventures

Description

Poncho has raised CHF 550,000 in a seed round to support its parametric weather insurance product for the travel industry. The funding will help businesses manage weather-related risks, improving customer confidence in their bookings.

Who else raised in Insurance around the same time

Companies in the same sectors as Poncho that raised within 45 days of this round, from Fundz verified event records.

  • High Street Holdco raised $550K (Seed) on January 9, 2025.
  • Pacific Life raised $955M on January 9, 2025.
  • High Street Holdco raised $3.8M (Seed) on January 7, 2025.
  • CCC Intelligent Solutions raised $296M on January 6, 2025.
  • Insider Topco Ltd raised $350K (Seed) on January 1, 2025.
  • Pacific Life raised $3.7M (Seed) on January 1, 2025.

Who to call at Poncho, and when

A new round usually means Poncho is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Poncho raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Poncho, from your own LinkedIn network

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Company Information

Company

Poncho

Location

Zurich, Zurich, Switzerland

About

Poncho is a Swiss insurtech company that specializes in parametric weather insurance products tailored for the travel industry. Its innovative technology enables businesses to manage weather-related uncertainties by providing real-time insurance options during the booking process. Poncho's solutions help avoid last-minute cancellations and enhance customer confidence in travel planning. The company aims to make weather insurance accessible and straightforward for everyone.

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Poncho raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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