Guarda

Digital parametric climate insurance for Brazilian agricultural producers

Specialty Solutions Startup Seed

Overview

Guarda is a parametric climate insurance platform for agricultural producers in Brazil, offering digital index-based coverage against drought and excessive rainfall events. The company targets agronegocio (agribusiness) operations, from small-scale farmers to large commercial producers, distributing through cooperatives, banks, and resellers.

The platform uses satellite-measured climate indices as triggers for insurance payouts, eliminating field inspections and subjective loss assessments. Policies are contracted entirely online with instant pricing, and qualifying weather events automatically trigger indemnity payments within 30 days. Guarda integrates satellite data, climate models, AI-driven pricing, and digital twin simulations to assess hyperlocal climate risk at precise geographic granularity.

Founded in 2024 by Paula Mendes Caldeira and Luiz Fernando Guerreiro, Guarda raised a pre-seed round of USD 806K followed by R$ 4.5M led by Randon Ventures, the corporate venture arm of Randoncorp. The company targeted initial proof-of-concept coverage of 5,000-10,000 hectares in the first half of 2026.

Products & Services

Parametric Climate Insurance

Digital climate insurance product for rural producers, with automated indemnity payouts triggered by satellite-measured climate parameters rather than traditional field inspections.

Key Features

100% digital contracting with instant policy pricing
Satellite-based parametric triggers for drought and excess rainfall
Automatic indemnity payments within 30 days of qualifying events
Hyperlocal risk assessment using AI pricing and digital twin simulations
Accessible to producers without production history or certified cultivation areas

Target Users: Brazilian agricultural producers (small, medium, and large-scale agribusiness)