
Excarta Inc. is an AI-powered weather platform focused on severe weather forecasting and alerting, particularly for hail. The company aims to help insurers reduce risk exposure and improve customer satisfaction through advanced hail warnings and actionable alerts. Their innovative solutions have shown to prevent 35% of hail claims in a test group, projecting significant savings for policyholders. With a talented team of climate scientists and AI experts, Excarta customizes solutions to meet business needs, enhancing claims cycle times and customer engagement.

Excarta Inc. is an AI-powered weather platform focused on severe weather forecasting and alerting, particularly for hail. The company aims to help insurers reduce risk exposure and improve customer satisfaction through advanced hail warnings and actionable alerts. Their innovative solutions have shown to prevent 35% of hail claims in a test group, projecting significant savings for policyholders. With a talented team of climate scientists and AI experts, Excarta customizes solutions to meet business needs, enhancing claims cycle times and customer engagement.
Product: AI-powered severe-weather forecasting and alerting focused on hail for insurers
Founded: 2022
CEO: Vivek Ramavajjala
Funding: 3,000,000.00 USD disclosed total (Seed $2.5M + $0.5M SAFE)
Claims impact: Alerts prevented >35% of hail claims in a 2024 test group
Headquarters: San Francisco, United States
Severe-weather forecasting and alerting, with initial focus on hail risk mitigation for insurance use cases.
2022
Weather intelligence / Insurtech
2500000.00 USD
Seed round reported with participation from Village Global, Ubiquity Ventures, and Converge Venture Partners.
500000.00 USD
Described as an inception-stage SAFE preceding the Seed round.
“Seed investors include Village Global, Ubiquity Ventures, and Converge Venture Partners; Plug & Play Topeka participated in a reported non-equity assistance round in Aug 2024.”