Hillridge

Enabling affordable climate insurance at scale

General Information
Company Name
Hillridge
Founded Year
2018
Location (Offices)
Australia +1
Founders / Decision Makers
Number of Employees
11
Industries
Agriculture, IT
Funding Stage
Seed
Social Media

Hillridge - Company Profile

Hillridge is an Australian startup that aims to revolutionize the agricultural industry with its mission of "Enabling affordable climate insurance at scale." Founded in 2018, Hillridge is focused on helping farmers mitigate the financial impact of poor weather on their crops or livestock. Unlike traditional insurance options, Hillridge leverages weather data, machine learning, and mass-personalization to tailor its offerings based on the specific needs and circumstances of each farmer. The use of parametric insurance and self-executing contracts further enhances the company's ability to offer farmers peace of mind in the face of unpredictable weather conditions. Notably, Hillridge secured a $2.30M investment in a Seed Round on 08 September 2022, with contributions from respected investors including Artesian, InterValley Ventures, Sangha Capital SA, ACTAI Ventures, and Wavia. This round of funding signifies a strong show of support from industry leaders and experts, highlighting the potential and value seen in the startup's innovative approach to agricultural risk management. Hillridge's dedication to addressing a critical need in the agricultural sector, combined with the backing of prominent investors, positions the company as a compelling player in the realm of climate insurance and agricultural technology. With its focus on leveraging advanced technology to empower farmers and the recent injection of funding, Hillridge is poised to make a significant impact in transforming how farmers approach and protect their livelihoods in the face of unpredictable weather patterns. To learn more about Hillridge, visit their website at .

Taxonomy: Agriculture, AgTech, InsurTech, Weather Derivatives, Parametric Insurance

Funding Rounds & Investors of Hillridge (2)

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Funding Stage Amount No. Investors Investors Date
Seed Round $2.30M 6 Wavia 08 Sep 2022
Grant $2.00M 1 02 Nov 2021

Latest News of Hillridge

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No recent news or press coverage available for Hillridge.

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