Price insurance platform Stable protects farmers from price volatility

Stable, a risk-management platform founded by Richard Counsell, has raised $6 million in seed funding from Anthemis Group, Sygenta, and the Canada Pension Plan Investment Board. Stable protects farmers from pricing volatility by allowing food buyers to insure thousands of agricultural commodities. The company plans to expand to Chicago and Sydney in the coming year.

Stable Raises $6 Million to Protect Farmers from Price Volatility

Stable is a risk-management platform that protects farmers around the world from pricing volatility. The platform allows food buyers, ranging from owners of a small smoothie shop to Coca-Cola employees, to insure thousands of agricultural commodities, packaging and energy products. Stable's team of data scientists, analysts and developers collected 3,000 niche and un-traded indexes from 40 countries, allowing customers to match their risk to a local index. Stable is launching on stage at TechCrunch Disrupt Berlin.

A risk-management platform protecting farmers from pricing volatility, allowing food buyers to insure agricultural commodities.

6 years ago

Stable Raises $6 Million to Protect Farmers from Price Volatility

ProblemAgriculture

Solution

Covered on