dClimate aims to make climate data more accessible and reliable by directly connecting data publishers with data consumers under a modern architecture that is user-friendly and supports data immutability. The platform allows data providers and forecasting entities to monetize their work and establish domain variable standards that make consuming climate data simple enough for even the most casual user. dClimate is solving the inefficiencies of the existing climate data ecosystem and is becoming a source of truth for the businesses, farmers, multinational corporations, and governments who depend on this information to make important decisions
dClimate’s founding company, Arbol (a Space Capital portfolio company), has created a marketplace for parametric insurance leveraging a variety of geospatial datasets for managing climate risk. Given Arbol’s focus on parametric insurance, geospatial data is a key pillar of Arbol’s business. Since weather and climate data are not monolithic concepts but different subsets of data that are suited for different regions and situations, the geospatial data to be used in applications such as insurance require high levels of quality and fidelity over a long history. As Arbol continues to grow in size and scope, its needs for geospatial data underlying its contracts will grow substantially and dClimate will grow in conjunction as Arbol will be an anchor user of dClimate.