Category: Weather insurance
Founders: Dave Friedberg, Siraj KhailqWeatherBill was founded in 2006 by Dave Friedberg, one of the first members of Google's corporate development team and a business product manager for AdWords, and Siraj Khailq, a former Google engineer. The company offers insurance policies for businesses that are impacted by weather, such as the agriculture, outdoor leisure and ski industries. WeatherBill operates a weather tracking and forecasting service that draws on historical observations, short-range forecasts, current conditions and trends to determine the price of users' contracts. The service protects against rain, drought, heat, cold and snow and sends companies a check if bad weather affects business. WeatherBill is funded by New Enterprise Associates, Index Ventures and Allen & Co.