Google has built a really good philosophy of how work gets done.
Jonathan Gonzalez
Co-founder & CEO
When Hurricane Maria devastated Puerto Rico in 2017, Jonathan Gonzalez saw firsthand how slow and inefficient the insurance claims process could be. His mother, a dialysis patient, waited nearly a year for an insurance adjuster–and even longer for a denied claim. “I thought, ‘What kind of product experience is this? Is this really the best we can build?’” he says. Determined to create a better way, Jonathan and his team launched Raincoat, a company that uses technology to help insurers and government organizations offer instant payouts for disaster claims. Using parametric insurance–where payments are triggered automatically based on pre-set weather or disaster conditions–Raincoat gives individuals, small businesses, and governments a faster, more reliable financial safety net in times of crisis.
Raincoat uses Google Cloud to process their massive datasets–like satellite imagery and climate models–and run AI-driven risk assessments. They also use Gemini to take notes, generate reports, and synthesize data, speeding up their operational workflows and making them more efficient. Plus, as part of Google for Startups, Jonathan was connected with mentors who helped make his vision a reality. “Being able to interact with coaches or product specialists within Google or people that know how to manage large teams, and get their insights as you scale up, has been really helpful,” says Jonathan. Today, Raincoat is doubling in size year over year, handling millions of dollars in payouts, and protecting over $100 million in assets. As the company expands across the mainland U.S. and Latin America, Raincoat’s mission is clear: make disaster relief seamless, automatic, and accessible for everyone. “I want to protect every person on the planet from this type of financial disruption,” Jonathan says. “So we’ve decided to help solve these challenges ourselves.”