Tech Company Financing Transactions
Plover Parametrics Funding Round
On 4/30/2024, Plover Parametrics raised $5 million in funding from private investors.
Transaction Overview
Company Name
Announced On
4/30/2024
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand its brokerage team, invest in the software automation of its broking process, and support its program business.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
169 Madison Avenue
New York, NY 10016
USA
New York, NY 10016
USA
Phone
Undisclosed
Website
Email Address
Overview
Plover is a venture-backed company with a simple mission: grow the market for event driven insurance, with a focus on climate risk. The increasing severity of climate events, permissive building practices, and regulatory challenges have combined to make our mission urgent. Admitted insurance markets in much of the US are broken. Mass admitted non-renewals in flood, storm and fire-prone areas are now common.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Max Clarke
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