FundedIQ
Financial Services

Raincoat: Funding, Investors & Team (Oct 2026)

Raincoat specializes in creating embedded climate insurance products and the advanced infrastructure required to support them. They collaborate with insurance companies, governments, and financial organizations to expand into untapped markets and promote widespread climate resilience.

www.teamraincoat.com LinkedIn San Juan, Puerto Rico 11-50 employees
Total raised
$6.6M
Rounds
2
Latest
Undisclosed round
Oct 2023

Raincoat has raised $6.6M across 2 funding rounds on record, the most recent an undisclosed round of $130k announced in Oct 2023.

That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Raincoat Company Profile and Key Stats

Total funding raised
$6.6M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$130k in Oct 2023
Employees
11-50
reported band
Headquarters
San Juan, Puerto Rico

Latest funding round on record: Oct 2023.

Raincoat Funding Rounds

Date
Round
Amount
Undisclosed round
$130k
Seed
$6.5M

Raincoat raised $6.5M in a Seed announced in Jun 2023.

4 months later, an undisclosed round of $130k was announced in Oct 2023.

Raincoat Founders and Leadership Team

Name
Role
Contact
Jan Paral
Founder
Locked
Jonathan Gonzalez
CEO
Locked

Contact details for the Raincoat team: 2 of 2 have an email address on file.

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Raincoat Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Raincoat's latest round of $130k is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Raincoat in Financial Services and San Juan

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Raincoat Funding FAQs

What does Raincoat do?

Raincoat specializes in creating embedded climate insurance products and the advanced infrastructure required to support them. They collaborate with insurance companies, governments, and financial organizations to expand into untapped markets and promote widespread climate resilience.

How much funding has Raincoat raised?

Raincoat has raised $6.6M across 2 rounds on record. The most recent is an undisclosed round of $130k announced in Oct 2023.

When did Raincoat last raise funding?

Raincoat's most recent funding round on record is an undisclosed round of $130k, announced in Oct 2023.

Who founded Raincoat?

FundedIQ lists Jan Paral (Founder) at Raincoat.

Who is the CEO of Raincoat?

Jonathan Gonzalez is listed as CEO at Raincoat.

Where is Raincoat headquartered?

Raincoat is based in San Juan, Na - Puerto Rico, Puerto Rico.

How many employees does Raincoat have?

Raincoat is in the 11-50 employee band.

How does Raincoat's funding compare to other Financial Services startups?

Raincoat's latest round of $130k is below the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.

About FundedIQ's Raincoat Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Raincoat is left off this page rather than filled in.

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