# Prospera Funds

Prospera Funds is an Asset Manager based in Isle Of Palms, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Isle Of Palms, United States
- **Region:** North America
- **Address:** San Jose, CA, United States
- **Assets under management:** Undisclosed
- **Website:** prosperafunds.com

## Regulatory record

- **CRD number:** 331765
- **SEC file number:** 801-132209
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/331765

## About

Prospera Funds, Inc. is an SEC-registered investment adviser in Isle of Palms, SC, registered since 2025. The firm manages approximately $5 million in regulatory assets. It has 4 employees and 2 investment advisers.

## Sectors

- InsurTech

## Questions

### How does Prospera Funds' parametric insurance model actually trigger payouts?

Policies underwritten through Prospera's MiCRO facility rely on objective, third-party data indices, not on-the-ground loss adjusters. A hurricane policy triggers when wind speeds from recognized meteorological agencies exceed a set threshold in the insured zone. Earthquake policies use USGS seismic data, and agriculture policies trigger off satellite-measured rainfall deficits or excesses. This eliminates claims disputes and allows payments to be distributed via mobile money within five to ten days of the index event.

### Who provides the underlying capital for Prospera Funds?

The capital stack is a blend of development-finance institutions (DFIs), impact-first investors, and commercial reinsurers. Public-record participants include the German development bank KfW and the Inter-American Development Bank, which have contributed both risk capital and technical-assistance grants. The firm targets institutional allocators seeking climate-adaptation exposure with low correlation to global equity and credit markets.

### In which countries does Prospera Funds actively underwrite risk?

MiCRO's active portfolio concentrates on Central America and the Caribbean, with Guatemala and El Salvador as core exposures. Operations have historically extended to Colombia and Haiti as well. The focus is on countries with high natural-catastrophe frequency, a strong mobile-money infrastructure, and a demonstrated gap in insurance penetration among microentrepreneurs and smallholder farmers.

### How does Prospera Funds source its end clients without a traditional sales force?

The firm embeds its insurance products into the point-of-sale systems of distribution partners that serve the target demographic. Examples include prepaid airtime top-up networks, microfinance cooperatives, and utility companies. When a customer buys phone credit or makes a loan payment, a microinsurance policy is often bundled into the transaction. This partnership model keeps acquisition costs near zero and builds insured portfolios at scale.

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Last updated: 2026-06-03T20:00:00.000Z

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