# Our Kettle

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/our-kettle

- Industry: Software
- Headquarters: US
- Website: www.ourkettle.com
- Total disclosed funding: $29M
- Latest round: Series A (Nov 18, 2021)
- Investors on record: 8

## About

Our Kettle, Inc. specializes in innovative insurance solutions, focusing on protecting property owners in high-risk areas vulnerable to climate-related disasters such as wildfires and hurricanes.Founded in 2020 by Andrew Engler and Nathaniel Manning, Our Kettle, Inc. is based in the US. The company focuses on providing insurance solutions tailored for regions prone to catastrophic climate events. The company secured USD 25.00 mn in Series A funding on November 18, 2021, led by Acrew Capital, with participation from other notable investors. This funding enables Kettle to enhance its risk assessment tools and expand its market reach.Kettle offers specialized insurance and reinsurance products aimed at safeguarding property owners in areas at high risk for catastrophic climate events. Their products include Commercial E&S Property Insurance, Parametric Wildfire Reinsurance, and Parametric Hurricane Reinsurance. Utilizing advanced AI to analyze over 130 terabytes of data, including satellite imagery and weather patterns, Kettle provides tailored coverage solutions primarily for homeowners associations and high-value property owners in regions like California.Kettle's revenue model is centered on providing insurance products designed for high-risk scenarios. The company directly sells policies to property owners facing challenges from traditional insurance due to heightened climate risks. Their Parametric Wildfire and Hurricane Reinsurance products ensure prompt financial coverage based on specific triggers, allowing property owners to manage costs effectively while maintaining adequate protection against climate disasters.Following the USD 25.00 mn raised in Series A funding in November 2021, Our Kettle, Inc. aims to develop tools and services specifically addressing catastrophic events within targeted markets. The recent funding will support expanding their offerings and enhancing their operational capabilities to cater to property owners in high-risk climates by providing tailored insurance solutions.

## Funding rounds

- Series A, Nov 18, 2021, $25M — Valor Equity Partners, True Ventures, Anthemis, DCVC, Homebrew, Acrew Capital, Lowercarbon Capital
- Seed, Sep 10, 2020, $3.8M — True Ventures, Anthemis, Homebrew, Inspired Capital, Acrew Capital

## Investors

- True Ventures (https://capitalatlas.ai/funds/true-ventures) — Seed, Series A
- Anthemis (https://capitalatlas.ai/funds/anthemis) — Seed, Series A
- Homebrew (https://capitalatlas.ai/funds/homebrew) — Seed, Series A
- Inspired Capital (https://capitalatlas.ai/funds/inspired-capital) — Seed
- Acrew Capital (https://capitalatlas.ai/funds/acrew-capital) — Seed, Series A
- Valor Equity Partners (https://capitalatlas.ai/funds/valor-equity-partners) — Series A
- DCVC (https://capitalatlas.ai/funds/dcvc) — Series A
- Lowercarbon Capital (https://capitalatlas.ai/funds/lowercarbon-capital) — Series A