Climavision

Develops advanced weather forecasting technology

Louisville, Kentucky, United States

About Climavision

Climavision focuses on improving weather forecasting and risk management for businesses and communities. The company is building a large network of proprietary radar systems to enhance weather radar coverage and uses data from space-based sources to gain a complete understanding of weather patterns. This technology allows Climavision to create highly accurate forecast models, enabling clients to anticipate and prepare for weather events before they happen. Unlike its competitors, Climavision emphasizes filling gaps in weather data and providing real-time information, which is crucial for those needing to respond to extreme weather. The goal of Climavision is to help clients reduce risks associated with climate change by delivering precise and timely weather data.

Louisville, KentuckyHeadquarters
2020Year Founded
$97.3MTotal Funding
SERIES_ACompany Stage
Data & Analytics, EnergyIndustries
51-200Employees

Risks

Competition from established providers like The Weather Company and AccuWeather is intensifying.
Regulatory hurdles may slow the deployment of new radar systems in certain regions.
Dependence on external funding could lead to financial instability if future rounds fail.

Differentiation

Climavision offers 10x higher resolution weather forecasts than existing radar networks.
The company integrates AI and machine learning for advanced weather prediction modeling.
Climavision's proprietary radar network fills critical coverage gaps in the U.S.

Upsides

Climavision's acquisition of Intersphere enhances AI-powered weather prediction capabilities.
The $100 million investment from The Rise Fund supports Climavision's growth and innovation.
Demand for high-resolution weather data is increasing in energy, insurance, and agriculture sectors.

Funding

Total raised$97.27 M
Latest valuation$500.00 M
StageSERIES_A
SERIES A
5/31/2021
$100
$500.00 M