Global Parametrics
Financials
Estimates*
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Revenues | <1m | 1.4m | 2.3m | 2.6m | 3.4m |
| % growth | - | 52 % | 68 % | 13 % | 30 % |
| EBITDA | (1.1m) | (<1m) | (<1m) | (<1m) | <1m |
| % EBITDA margin | (119 %) | (57 %) | (21 %) | (4 %) | 18 % |
| Profit | (<1m) | (<1m) | (<1m) | 2.3m | (<1m) |
| % profit margin | (109 %) | (59 %) | (24 %) | 90 % | (12 %) |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
N/A | Seed | ||
* | N/A | Acquisition | |
| Total Funding | - | ||
Recent News about Global Parametrics
EditGlobal Parametrics, founded in 2016 by Jerry Skees and Dan Bierenbaum, leverages advances in climate science, data modeling, and financial engineering to create parametric risk transfer products. These products are designed to mitigate the financial impacts of natural disasters such as tropical cyclones, earthquakes, and floods by triggering pre-agreed payments based on specific natural events. This approach helps communities and businesses recover faster, thereby building economic resilience.
Operating in the climate technology sector, Global Parametrics serves a diverse range of clients including governments, NGOs, and private sector entities. The company operates on a global scale, utilizing extensive data sets to analyze risk exposure and structure financial risk transfer solutions.
Global Parametrics' business model revolves around the creation and distribution of these parametric products, which are designed to be scalable and rapidly deployable. Revenue is generated through the sale of these products and associated services.
The company’s vision, supported by the British and German governments, is to drive impact through innovation, acting as a catalyst for new ideas and a multiplier of existing efforts in the field of disaster preparedness and response.
Keywords: parametric risk transfer, climate science, data modeling, financial engineering, natural disasters, economic resilience, global data sets, disaster preparedness, scalable solutions, financial risk.