Wetterheld
Wetterheld is a Hamburg-based insurtech founded in 2019 that offers parametric rain insurance for individual vacationers, providing financial protection when bad weather disrupts travel plans.
- Company typePrivate
- Founded2019
- HeadquartersHamburg, Germany
- Headcount1–10
- GTM typeB2C
- OfferingServices
Wetterheld firmographics
Firmographics- Name
- Wetterheld
- Website
- https://wetterheld.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Wetterheld is a Hamburg-based insurtech founded in 2019 that offers parametric rain insurance for individual vacationers, providing financial protection when bad weather disrupts travel plans.
- Ownership category
- akta.pro rank
Wetterheld industry classification
Industry- Product category
- Travel Insurance
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Ticket/Event Cancellation Protection (FSAJAJAG)
Keywords
Where Wetterheld is headquartered
LocationHeadquarters
- HQ city
- Hamburg
- HQ country
- Germany
- HQ region
- Europe
Markets served
Wetterheld business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Wetterheld product offering
Product offeringCore offering
Wetterheld provides weather insurance products, specifically rain insurance for vacation trips. The company offers financial protection to travelers when bad weather, particularly rain, affects their vacation plans, paying out when weather conditions disrupt the trip. Its primary product is a focused, parametric-style weather insurance targeted at individual travelers and vacationers.
Differentiator
Problem solved
Functional benefit
Products and services
- Rain Insurance for Vacation (Regenversicherung im Urlaub) A weather insurance policy that pays out when rain or adverse weather disrupts a vacation. Designed for individual travelers and vacationers seeking financial protection against weather-related disappointment during leisure trips.
Companies that use Wetterheld
Customer profileSegments1 record
Ideal customer profiles1 record
Wetterheld technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Wetterheld competitors and assessment
Company assessmentDirect peers
- Sensible Weather: Sensible Weather offers parametric weather protection specifically tied to vacation and outdoor event experiences, closely mirroring Wetterheld's core vacation-rain insurance product and serving similar consumer travelers.
- Battleface: Battleface is a modern travel insurance provider serving individual and business travelers with customizable coverage for trip disruptions, overlapping directly with Wetterheld's traveler-cancellation product.
- HeyMondo: HeyMondo is a digitally native travel insurance provider targeting international travelers with trip-cancellation and weather-related coverage, directly competing with Wetterheld for the vacation-insurance consumer.
Emerging players
- Otonomi: Otonomi provides parametric weather-delay insurance for the logistics and freight industry; it uses the same parametric insurance infrastructure and trigger-based pricing as Wetterheld, though focused on cargo rather than leisure travel.
- Faye: Faye is a digital-first travel insurance startup offering app-based coverage for trip cancellations, delays, and medical emergencies; it competes for the same individual traveler segment Wetterheld targets.
- Blink Parametric: Blink Parametric provides parametric insurance-as-a-service infrastructure used by insurers to deliver instant, trigger-based payouts, and is comparable to Wetterheld through its parametric weather and travel-event product capabilities.
Broad incumbents
- Allianz Travel Insurance: Allianz Travel is a global incumbent offering comprehensive travel insurance, including weather- and cancellation-related coverage, and is the dominant player in the European market where Wetterheld operates.
- AIG Travel: AIG Travel is a large global travel-insurance provider offering trip cancellation, interruption, and weather-related coverage, positioning it as a wide-portfolio incumbent overlapping with Wetterheld's niche.
- Generali Global Assistance: Generali Global Assistance is an established travel insurance and assistance provider with a broad product suite including trip cancellation and travel protection, serving as a scaled incumbent competitor across European and global travel markets.
- World Nomads: World Nomads is a long-established travel insurance brand focused on adventure and leisure travelers, providing trip cancellation and weather-related coverage; it is a direct adjacent competitor to Wetterheld in the leisure travel segment.
Market position
Customer concentration
Wetterheld social profiles
Digital presenceWetterheld financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wetterheld leadership team
Management profileNumber of profiles
Profiles2 records
Wetterheld funding detail
Funding detailFunding overview
Funding rounds2 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wetterheld M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wetterheld
What does Wetterheld do?
Wetterheld provides weather insurance products, specifically rain insurance for vacation trips. The company offers financial protection to travelers when bad weather, particularly rain, affects their vacation plans, paying out when weather conditions disrupt the trip. Its primary product is a focused, parametric-style weather insurance targeted at individual travelers and vacationers.
Is Wetterheld a public or private company?
Wetterheld is a private company. It is classified as venture growth investor backed and is currently operating.
When was Wetterheld founded?
Wetterheld was founded in 2019. It employs 1 to 10 people.
Where is Wetterheld based?
Wetterheld is headquartered in Hamburg, Germany, in the Europe region.
Who are Wetterheld's main competitors?
Direct peers on record are Sensible Weather, Battleface and HeyMondo. Emerging players are Otonomi, Faye and Blink Parametric. Broad incumbents are Allianz Travel Insurance, AIG Travel, Generali Global Assistance and World Nomads.
Does Wetterheld have an API?
No public API is recorded for Wetterheld.
What industry is Wetterheld in?
Wetterheld's product category is Travel Insurance. Its primary akta.pro industry code is FSAJAJAG, Ticket/Event Cancellation Protection. Its SIC code is 6331.