WorldCover

Application YC di WorldCover

Winter 2016Inactive

WorldCover ha partecipato a Y Combinator nel batch Winter 2016 come azienda Fintech. Sotto: cosa fa l'azienda, chi l'ha fondata e la sua application a YC, ricostruita domanda per domanda nel form reale di YC.

Batch YC
Winter 2016
Settore
FintechInsurance
Dimensione team
20
Stato
Inactive
Lanciata
2015

Founder

  • Christopher Sheehan
    Christopher SheehanFounder/CEO

Cosa fa 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.

Application YC di WorldCover, ricostruita

Domanda per Y Combinator

WorldCover, batch Winter 2016. Le vere domande del form, risposte da dati pubblici.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. 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 risposte in più nell'application completa

Founders, Progress, Idea, Equity, Curious, Batch Preference sono nella versione completa. Crea un account gratuito per aprirla in YC Insights, accanto a ogni altro batch YC.

Domande Frequenti

Questa è l'application YC reale di WorldCover?

No. Y Combinator mantiene private le application inviate. Questa è una ricostruzione: le domande del form YC reale, a cui si è risposto usando i dati pubblici di WorldCover (note di lancio, background dei founder, descrizione del prodotto). Mostra come un'azienda come WorldCover si presenterebbe a YC, non il testo che hanno inviato.

A quale batch YC apparteneva WorldCover?

WorldCover apparteneva al batch Winter 2016 di Y Combinator.

Chi ha fondato WorldCover?

WorldCover è stato fondato da Christopher Sheehan.

Cosa fa WorldCover?

Funding platform for global insurance, starting with crop insurance…

Come leggo la ricostruzione completa della application?

Crea un account Round Funded gratuito. La versione completa di 26 risposte della application di WorldCover, e di ogni altro batch YC, è in YC Insights.

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