# Arbol

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/arbol

- Industry: Software
- Headquarters: New York, US
- Website: www.arbol.io/
- Total disclosed funding: $69M
- Latest round: Series B (Apr 30, 2024)
- Investors on record: 8

## About

Arbol Inc. is a US-based company specializing in parametric insurance products aimed at mitigating climate-related risks through innovative technology and data-driven solutions.Founded in 2018 and headquartered in New York, US, Arbol Inc. focuses on providing parametric insurance products. The founding team includes Osho Jha, Philippe Heilberg, and Siddhartha Jha, with Hong Guo serving as CEO. The company has successfully closed four deals, with the latest being a Series B round in April 2024, raising USD 60.00 mn from investors including Giant Ventures, Mubadala Investment Company, and Opera Tech Ventures, achieving a total amount raised of USD 60.00 mn and a current valuation of USD 274.65 mn.Arbol specializes in parametric insurance products designed to address climate-related risks, offering scalable, objective, and swift coverage solutions. By utilizing advanced data infrastructure and proprietary algorithms, Arbol's products leverage institutional-grade climate data from reputable sources, including NOAA and NASA, to assess risks accurately. The service aims to close the protection gap prevalent in traditional insurance by providing reliable financial coverage for a diverse clientele, ranging from small farmers to large corporations across 15+ countries. Notably, 50% of Arbol's clients previously lacked access to such climate risk products, ensuring that users can receive claims payments within as little as two weeks following a verified qualifying event.Arbol generates revenue through its parametric insurance offerings, which are structured to provide prompt payouts based on third-party verified climate data following qualifying events. The company’s transactions primarily follow a B2B model, allowing agents, brokers, and institutional clients to enroll in coverage under tailored solutions that meet specific risk management needs. While specific pricing details for individual products have not been disclosed, the firm focuses on scalable solutions that can be customized for diverse client requirements across multiple sectors, including agriculture and energy. By facilitating streamlined claims processes and leveraging advanced technologies, Arbol enhances the transactional efficiency of its insurance services, establishing a transparent and reliable revenue model within the insurance sector.In April 2024, Arbol Inc. raised USD 60.00 mn in Series B funding, co-led by new investors Giant Ventures and Opera Tech Ventures, with participation from returning investor Mubadala Capital. The funding will be utilized to support market expansion initiatives, which include the development of new products aimed at addressing emerging climate risks and the targeting of new geographic markets to enhance service accessibility.

## Funding rounds

- Series B, Apr 30, 2024, $60M — Mubadala Investment Company, Opera Tech Ventures, Giant Ventures
- Series A, Dec 23, 2020, $6.9M — Mubadala Investment Company, Finch Capital, Ascend Venture Capital, Space Capital
- Seed, Nov 13, 2019, $2.2M — Space Angels, Finch Capital, Space Capital, Ascend

## Investors

- Space Angels (https://capitalatlas.ai/funds/space-angels) — Seed
- Finch Capital (https://capitalatlas.ai/funds/finch-capital) — Seed, Series A
- Space Capital (https://capitalatlas.ai/funds/space-capital) — Seed, Series A
- Ascend — Seed
- Mubadala Investment Company — Series A, Series B
- Ascend Venture Capital (https://capitalatlas.ai/funds/ascend-venture-capital) — Series A
- Opera Tech Ventures (https://capitalatlas.ai/funds/opera-tech-ventures) — Series B
- Giant Ventures (https://capitalatlas.ai/funds/giant-ventures) — Series B