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Synopsis
Infinity Ventures, an early-stage venture firm focused on fintech & commerce infrastructure investments, led a $12m Series A funding round in Sensible Weather, a climate risk technology company, with participation from Certares Ventures, Derive Ventures, and existing investors Wonder Ventures and Group1001. "Embedded finance is a large and growing market, and Sensible has shown rapid traction in the space by combining proprietary climate analytics and fintech to create new value for consumers. In the same way extended warranties give consumers protection on goods they've purchased, Sensible's novel Weather Guarantee service covers experiential purchases like travel reservations and event tickets with a new form of warranty protection," Jay Gantara, Infinity Capital Partner.
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