Arbol is a technology company.
Arbol is at the forefront of transforming how the world manages climate risk through parametric insurance products that offer swift, objective, and scalable coverage.
Arbol has raised $69.0M across 3 funding rounds.
Arbol has raised $69.0M in total across 3 funding rounds.
Arbol is a New York-based insurtech company founded in 2018 that builds data-driven parametric insurance and climate risk management solutions using AI, machine learning, blockchain, and satellite data.[1][2][3] It serves businesses in agriculture, energy, maritime, and hospitality sectors across over 15 countries, solving the global climate protection gap by offering swift, objective payouts triggered by verifiable climate events like droughts, floods, or hurricanes—bypassing traditional claims delays and disputes.[1][3][4] Arbol's products include parametric insurance with automatic payouts in as little as two weeks, risk assessments, and a platform integrating climate data infrastructure for precise underwriting and dynamic pricing, enhancing financial resilience for underserved markets and large corporations alike.[1][3][5]
The company has demonstrated strong growth momentum, closing a $60 million Series B round in April 2024 led by Giant Ventures and Opera Tech Ventures, while prioritizing cashflow efficiency over rapid expansion and leveraging AI for streamlined operations.[2]
Arbol was co-founded in 2018 by Siddhartha Jha (CEO and Chairman, with 13+ years in financial trading and quantitative research), Osho Jha (Chief Data Scientist, experienced in data science for NLP and equities trading), Alex (COO, with a PhD in physics from Harvard and operational expertise from Coupang), and Philippe Heilberg (co-founder).[2][5][6] The founders previously built and launched dClimate, a decentralized climate information ecosystem and marketplace, which informed Arbol's focus on climate data.[4][5]
The idea emerged from identifying gaps in traditional insurance coverage for climate risks, where incumbents avoided high-risk products due to credit and profitability concerns; Arbol targeted niche needs like those of farmers and utilities, starting with parametric solutions powered by objective data triggers.[2] Early traction came from incremental tech builds—evolving from blockchain concepts to smart contracts and automation—proving execution in revenue generation and cost reduction, which attracted initial clients in emerging markets.[2][1]
Arbol rides the climate tech and insurtech wave, addressing escalating climate catastrophes that cause hundreds of billions in annual losses, where traditional insurance covers only a fraction due to inefficiencies.[3][5] Its timing aligns with rising extreme weather frequency, supply chain disruptions, and regulatory pushes for resilience, amplified by AI/blockchain advancements enabling scalable parametric products.[1][2][3]
Market forces like the $1.5 trillion global protection gap, demand for non-CAT (non-catastrophic) parametric coverage, and investor interest in climate fintech favor Arbol, as seen in its Series B amid growing reinsurance and ILS (insurance-linked securities) markets.[1][2][3] It influences the ecosystem by pioneering data-centric models, onboarding new risk capital providers, and publishing insights (e.g., Parametric Post on floods, earthquakes), fostering industry adoption of tech for emerging risks like sensor-driven reinsurance.[2][4]
Arbol is poised to expand its $60M-fueled growth into deeper AI automation, bespoke products for high-growth sectors like renewables and supply chains, and further penetration in emerging markets where climate volatility hits hardest.[2][3] Trends like advanced climate modeling, regulatory mandates for resilience, and tokenized risk transfer via blockchain will shape its path, potentially scaling notional risk transferred beyond current global non-CAT parametric benchmarks.[1][3]
Its influence may evolve from niche disruptor to infrastructure player, powering broader ecosystems as incumbents adopt parametric tech—ultimately transforming climate risk from a coverage gap into a managed financial asset, much like how it began by filling voids traditional players ignored.[2]
Arbol has raised $69.0M in total across 3 funding rounds.
Arbol's investors include Awesome Ventures, Adeyemi Ajao, foobar.vc, Giant Ventures, Jetstream, Liquid 2 Ventures, Leonardo DiCaprio, Manu Ginobilli, Nicholas Francis, Pedro Arnt, Richard Branson, Tom Blomfield.
Arbol has raised $69.0M across 3 funding rounds. Most recently, it raised $60.0M Series B in April 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2024 | $60.0M Series B | Awesome Ventures, Adeyemi Ajao, foobar.vc, Giant Ventures, Jetstream, Liquid 2 Ventures, Leonardo DiCaprio, Manu Ginobilli, Nicholas Francis, Pedro Arnt, Richard Branson, Tom Blomfield | |
| Jan 1, 2021 | $7.0M Series A | Act One Ventures, Industrious Ventures, Shasta Ventures, Space Capital | |
| Nov 1, 2019 | $2.0M Seed | Act One Ventures, Industrious Ventures, Shasta Ventures, Space Capital |