Climate technology startup Sensible Weather has secured another sizeable investment of $12 million, just five months after an earlier round.
The Series A is being led by Infinity Ventures, with participation from Certares Ventures and previous backers Wonder Ventures and Group1001.
Sensible Weather’s first product offering is a partner-branded Weather Guarantee service, which automatically reimburses travelers when bad weather impacts their in-trip experience. The company will not disclose its travel partners at this time but says they include activities companies, lodging partners and ski resorts.
The latest round of funding, bringing its total raised so far to over $20 million, will be used to help with hiring, development of its climate data platform and launch into new markets outside of the U.S.
The company claims since early 2022 (shortly after its $4 million seed round) it has sold "thousands" of its weather guarantees via partners in the hospitality and activity sector.
Founder and CEO Nick Cavanaugh says: "We’re doubling down on our investments in this new embedded fintech service to accelerate our goals of driving ancillary revenue for partners and enhancing the in-destination experience for travelers.
"With climate increasingly impacting vacations and outdoor experiences, Sensible’s Weather Guarantees offers consumers peace of mind when booking reservations online by giving them the option to recoup their experiential losses when bad weather interferes with plans."