Zurich-basedstartupPoncho has officially launched its weather insurance platform and bagged some fresh funding to boot.
Founded in 2023, the company aims to transform how the travel and hospitality industries handle unpredictable weather.
Ponchostechintegrates with booking systems, allowing customers to opt for weather protection at checkout.
You dont need to file a claim.
But with Poncho, at least your budget stays intact when Mother Nature doesnt play nice.
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After months of hard work, we are thrilled to announce that Ponchos weather insurance solution is finally available!
Today, the startup announced it has raised 589,000 in seed funding.
WeBuild Ventures, a finance-focused VC fund from Switzerland, led the round.
It also plans to develop additional features, such as weather-triggered promotions.
Story bySion Geschwindt
Sion is a freelance science and technology reporter, specialising in climate and energy.
