eu-startups.com

Zurich-based insurtech Poncho raises €589k to develop weather insurance for the travel industry

Poncho, a Swiss insurtech startup focused on parametric weather insurance, has raised €589k in seed funding led by WeBuild Ventures. Founder and CEO Omar Jerrari commented on the company’s progress: “This funding is a significant step forward in our journey to make weather insurance accessible and straightforward for everyone.