Aplicación YC de WorldCover

Winter 2016Inactive

WorldCover pasó por Y Combinator en el batch Winter 2016 como una empresa de Fintech. Abajo: qué hace la empresa, quién la fundó y su aplicación a YC, reconstruida pregunta por pregunta en el formulario real de YC.

Batch YC: Winter 2016
Industria: FintechInsurance
Tamaño del equipo: 20
Estado: Inactive
Lanzado: 2015

Fundadores

Christopher SheehanFounder/CEO

Lo que hace WorldCover

WorldCover offers peer-to-peer investments that provide insurance to the global poor. We connect a growing pool of investors who seek uncorrelated investment returns and impact from their capital with a huge and growing need for natural disaster insurance in the developing world. WorldCover's platform improves food and income security for smallholder farmers in developing countries. More than 70% of the 2.5 billion people living at the “base of the pyramid” throughout the world rely on agriculture for income and sustenance. Farmers face a number of major risks to their livelihoods which they cannot control. Insurance gives them a sense of security even if they have a bad harvest, allowing them to improve their diets, invest in their farms, and send their children to school. In an increasingly interconnected world, diversified markets are becoming harder and harder to find. WorldCover's investment products offer both retail and professional investors attractive yet uncorrelated returns with the world's financial markets.

Aplicación YC de WorldCover, reconstruida

Solicitud de Y Combinator

WorldCover, batch Winter 2016. Las preguntas reales del formulario, respondidas con datos públicos.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

WorldCover

Describe what your company does in 50 characters or less.

Funding platform for global insurance

What is your company going to make? Please describe your product and what it does or will do.

We built a platform that connects investors with insurance risk in developing countries, primarily focused on crop insurance. Our product lets investors provide capital that backs natural disaster insurance policies for smallholder farmers. This protects farmers from losing their livelihoods after bad harvests and delivers uncorrelated returns to investors seeking diversification away from traditional markets.

Where do you live now, and where would the company be based after YC?

We live in New York City and plan to keep the company based here after YC.

Explain your decision regarding location.

New York is where we built our network of financial and impact investors and where the team is located. It also positions us close to key partners and investors interested in emerging market financial products.

21 respuestas más en la aplicación completa

están en la versión completa. Crea una cuenta gratuita para abrirla en YC Insights, junto a cada otro batch de YC.

Ver aplicación completa

Preguntas Frecuentes

¿Es esta la aplicación YC real de WorldCover?

No. Y Combinator mantiene privadas las aplicaciones enviadas. Esta es una reconstrucción: las preguntas reales del formulario de YC, respondidas a partir de los datos públicos de WorldCover (notas de lanzamiento, antecedentes de fundadores, descripción del producto). Muestra cómo una empresa como WorldCover se presentaría a YC, no el texto que enviaron.

¿En qué batch de YC estuvo WorldCover?

WorldCover formó parte del batch Winter 2016 de Y Combinator.

¿Quién fundó WorldCover?

WorldCover fue fundado por Christopher Sheehan.

¿A qué se dedica WorldCover?

Funding platform for global insurance, starting with crop insurance…

¿Cómo leo la aplicación completa reconstruida?

Crea una cuenta gratuita de Round Funded. La versión completa de 26 respuestas de la aplicación de WorldCover, y de cada otro batch de YC, está en YC Insights.