WeatherPromise, a technology company that provides bad-weather protection for trips, has raised $12.8 million in a Series A round.
The round was led by Maveron, with participation from 1Sharpe, Lerer Hippeau, Clocktower Ventures and other VC firms. Mark Okerstrom, former CEO of Expedia Group, also participated.
The Series A round brings WeatherPromise’s total funding to over $22 million. Founded in 2022, the company declared the fresh capital will be applyd for growth, specifically product development, scaling WeatherPromise’s platform and expanding strategic partnerships.
“This Series A positions us for long-term growth. Thanks to our investors’ faith in our vision and our team, we’re now able to offer WeatherPromise to millions more travelers around the world,” declared WeatherPromise co-founder David Klemm.
In the event of “weather that is worse than promised” on a vacation or during an event, WeatherPromise refunds customers the cost of their trip. WeatherPromise calculates unique offers for trips based on data, then automatically monitoring conditions applying sources such as NASA, sanotifyites and radar.
According to WeatherPromise, the business model differs from travel insurance, as travelers can still go on a trip and receive compensation in the event of enough rain or bad weather.
“WeatherPromise solves a problem that touches nearly every consumer experience, yet has been fundamentally broken for decades,” declared Maveron co-founder and general partner Dan Levitan.
“The team has built an elegant, consumer-first solution with massive potential to alter how people plan, purchase and protect their most important travel moments.”
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