|Description||Weather Risk Management|
|Series A, 12/06 |
|Venture Round, 3/08 |
Storm Exchange helps businesses better manage weather risk. The company provides weather-related data and benchmarks, and it also works with companies to correlate their revenues to specific weather conditions (e.g. temperature, rain, wind). The company helps corporations improve performance by identifying, measuring and managing the impact of weather on their income and expenses. Storm Exchange also serves investors, insurers and other financial industry participants with information that enables them to anticipate how weather will impact investment.