Raincoat
Democratizing access to financial resilience in the face of natural disasters.
32 employees · est. 2019 · San Juan, United States
Sola
Sola's mission is to close the natural disaster insurance gap with affordable coverage
23 employees · est. 2022 · Atlanta, United States
Raincoat is the older company (2019 vs 2022).
Side-by-Side Comparison
| Metric | Raincoat | Sola |
|---|---|---|
| Founded | ||
| Founded | 2019 older | 2022 |
| Headquarters | ||
| Headquarters | San Juan, United States | Atlanta, United States |
| Employees | ||
| Employees | 32 | 23 |
| Industry | ||
| Industry | Financial Services, Fintech, Insurance | Information Technology |
| Funding Stage | ||
| Funding Stage | Grant | Seed |
| Total Funding | ||
| Total Funding | $11.43M | Not tracked yet |
| Funding Rounds | ||
| Funding Rounds | 5 | 1 |
| Services | ||
| Services | Not tracked yet | Not tracked yet |
| Target Customers | ||
| Target Customers | Not tracked yet | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Parametric Insurance, Climate Resilience, Disaster Insurance, Insurance Technology, Embedded Insurance, Climate Risk Management, Scalable Solutions, Insurtech, Financial Resilience, Natural Disaster Preparedness | Natural Disaster Insurance, Affordable Coverage, Weather Data, Homeowners, Insurance Technology, Insurtech, Risk Management, Financial Inclusion, Climate Resilience, Disaster Preparedness |
| Website | ||
| Website | raincoat.com | solainsurance.com |
About Raincoat
Raincoat is a 2020-founded startup with a mission to democratize access to financial resilience in the face of natural disasters. The company's focus lies in developing the next generation of parametric insurance at scale, with a team comprising engineers, scientists, UX designers, and insurance exp...
About Sola
Sola is a forward-thinking startup based in the United States, founded in 2020. The company's mission, succinctly captured by the slogan "Sola's mission is to close the natural disaster insurance gap with affordable coverage," is to address the natural disaster insurance gap by offering affordable c...
We will tell you when either one moves
BounceWatch watches Raincoat and Sola for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.
Funding, hiring, leadership and stack changes at Raincoat and Sola — by email.
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Related Comparisons
Compiled from the BounceWatch company index. We last looked at Raincoat on 12 Sep 2024, and Sola on 12 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.