Key notes: Understory is an insurance company that develops smart weather station micro-grids.
Office address: 316 West Washington Avenue, Madison, Wisconsin, United States
Description: Understory is a weather infrastructure and analytics company that detects rain, hail, wind, and other weather events directly at the earth’s surface, where the risk to life and property is greatest. Understory builds and operates weather networks that are comprised of patented RTi weather stations, which are full-stack, rugged, tamper-proof, maintenance-free, precision weather solutions. The stations measure at 50,000 times a second and power a cloud-based artificial intelligence core that stitches the measurements together to provide an unprecedented understanding of weather events. These weather networks have completely wireless data transmission and provide research-grade hail, wind, rainfall, temperature, humidity, evapotranspiration, and growing degree unit accuracy at a fraction of the cost of any other solution on the market. Understory’s technology has been perfected for worldwide deployment and is posed to radically change the way weather is understood globally. The company was founded in 2012 and is currently based in Madison, Wisconsin.
http://www.crunchbase.com/organization/understory
$ 29,716,498 over 7 funding rounds.
Date | Name | $ Invested | Crunchbase link |
---|---|---|---|
2012-06-01 | None | $ 18,000 | Detailed data |
2020-05-22 | B | $ 7,500,000 | Detailed data |
2013-07-01 | None | $ 50,000 | Detailed data |
2018-10-10 | A | $ 7,500,000 | Detailed data |
2016-02-02 | A | $ 7,498,498 | Detailed data |
2019-05-09 | B | $ 5,250,000 | Detailed data |
2014-04-30 | None | $ 1,900,000 | Detailed data |
Round Date | Round Name | Investor | Crunchbase Link |
---|
To update the information on funding or number of employees, please do that directly on Crunchbase.
Created: 21-Jan-2013, 00:18
Last Crunchbase update: 01-Jul-2020, 05:17
Last modified: 03-Mar-2021, 05:17
Country: USA