Tomorrow.io Overview
Tomorrow.io is a weather technology company that offers a hyper-local weather forecasting platform for businesses and individuals. The company’s platform uses a combination of proprietary technology, advanced modeling techniques, and machine learning to provide accurate weather information for specific locations in real time. Tomorrow.io offers a range of services, including weather analytics, predictive insights, and API integrations for businesses in industries such as transportation, aviation, energy, retail, and construction.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
Tomorrow.io raises $87 million for weather satellite constellation
Tomorrow.io, a weather data company, raised $87 million in a Series E funding round to support its campaign to gather weather and climate data. The funding round was led by Activate Capital and included participation from RTX Ventures, Seraphim Space, Chemonics, and existing investors. Tomorrow.io recently launched its second satellite, R-2, and plans to share radar data from its satellites in the future. The company has also received contracts from the Defense Department and the U.S. Space Force for weather satellites. Tomorrow.ios previous funding round was completed in 2021 when the company was known as ClimaCell.
Investment
growth-positive
אחרי גיוס של 250 מיליון דולר: TomorrowIO עדיין...
TomorrowIO, formerly known as ClimaCell, is a weather forecasting company that has been in operation for seven years. The company initially focused on using cellular networks to predict weather patterns, but this technology was eventually abandoned due to difficulties in accessing cellular companies. The company then shifted its focus to big data, claiming that its algorithms could provide more accurate forecasts than any competitor or government agency. In 2021, the company rebranded to TomorrowIO and announced a new direction: weather prediction satellites. The company raised $77 million in a Series C funding round and signed a $19.3 million contract with the US Air Force to develop and deploy its weather satellite array.
Investment
growth-positive
Tomorrow.io's Historic Satellite Launch Paves Way for Groundbreaking Advancement in Global Weather Forecasting
The Tomorrow Companies Inc. has announced the successful on-orbit operation of its first satellite, Tomorrow-R1. The satellite, launched on April 14th, is the worlds first commercially built weather-radar satellite. It is part of the Tomorrow.io constellation of active and passive sensors, which aims to achieve breakthroughs in global weather forecasting and climate observation. The satellite is equipped with a Ka-band radar for detecting precipitation and critical ocean parameters. The company plans to deploy more satellites to create a network for weather sensing from space. The launch of Tomorrow-R1 marks a step change in the price-to-performance ratio for atmospheric radars in space. The company has already received contracts from the DOD and is collaborating with NOAA. The satellite data is being integrated into Tomorrow.ios weather intelligence platform.
PartnersInvestment
growth-positive
Weather security platform Tomorrow.io to go public in $1.2 billion SPAC deal
Weather and security platform Tomorrow.io will go public through a merger with special purpose acquisition company Pine Technology Acquisition Corp, in a deal worth nearly $1.2 billion. The merger is expected to close in the first half of 2022 and will bring in up to $420 million in proceeds for Tomorrow.io. The funds will be used to invest in the companys platform, launch radar-equipped satellites, and for strategic mergers and acquisitions. Tomorrow.io provides real-time accurate weather information and actionable recommendations to clients, including JetBlue Airways and Uber Technologies. The company has raised $185 million to date and has secured a $75 million private investment in public equity (PIPE) from various investors. The merger will allow Tomorrow.io to list on Nasdaq under the symbol TMW.
Public TradingInvestment
growth-positive
"We like to call ourselves the Space X of weather-tech"
Tomorrow.io, a weather-tech company, plans to launch its own satellite constellation and become the SpaceX of weather-tech. The company sells a weather-intelligence platform that provides real-time weather forecasts and recommended actions for specific clients. Tomorrow.io aims to rely on its own technology rather than government agencies for weather sensing and processing. The CEO emphasized the importance of innovation and the companys ability to innovate at a faster pace. The article includes an interview with Tomorrow.ios CEO at the Mind the Tech New York 2021 conference.
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| Sector | Business Software |
Funding
| Total funding | $281M |
| Last funding | $22M |
| Stage | E |
| Rounds | 8 |
| Investors | 23 |
Team Members
4
Employees: 201-500
Web & Social Links
| Website | www.tomorrow.io/ |
| Careers | Careers page |
Locations
HaArba'a St 21, Tel Aviv-Yafo, Israel
83 Clemenceau Ave, Singapore 239920
5541 Central Ave #170, Boulder, CO 80301, USA
9 Channel Center St, Boston, MA 02210, USA
Photos & Videos
1 item(s)
