About Skymet
Skymet is a company based in Noida (India) founded in 2003 by Jatin Singh. Skymet has raised $11.77 million across 4 funding rounds from investors including Northern Arc Capital, DMGT and InsuResilience Investment Fund. The company has 183 employees as of March 28, 2024. Skymet offers products and services including Weather Forecasting, Climate Monitoring, and Agri-Advisory. Skymet operates in a competitive market with competitors including Tomorrow.io, Perry Weather, AccuWeather, Atmo and Weather Decision Technologies, among others.
- Headquarter Noida, India
- Employees 183 as on 28 Mar, 2024
- Founders Jatin Singh
- Stage Minicorn
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Sectors
Environment
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Email
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Phone
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Website
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Social
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- Legal Name Skymet Weather Services Private Limited
- Date of Incorporation 25 May, 2004
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$4.35 M (USD)-3.4as on Mar 31, 2023
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Net Profit
$155 K (USD)-14.61as on Mar 31, 2023
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EBITDA
$341.7 K (USD)-21.8as on Mar 31, 2023
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Total Equity Funding
$11.77 M (USD)
in 4 rounds
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Latest Funding Round
$1.61 M (USD), Debt – Conventional
Jul 28, 2021
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Investors
Northern Arc Capital
& 4 more
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Employee Count
183
as on Mar 28, 2024
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Products & Services of Skymet
Skymet offers a comprehensive portfolio of products and services, including Weather Forecasting, Climate Monitoring, and Agri-Advisory.
Provides accurate weather predictions for industries and agriculture
Offers ongoing climate data and risk assessment tools
Delivers weather-based advice for agricultural practices
People of Skymet
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Funding Insights of Skymet
Skymet has successfully raised a total of $11.77M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $1.61 million completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Skymet
Skymet has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Northern Arc Capital, DMGT and InsuResilience Investment Fund.
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Impact investments are managed by the B Corp-certified firm.
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Agritech startups are funded by Omnivore, a venture capital entity.
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Household and business loans are provided with risk management support.
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Investor details for Skymet
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Investments & Acquisitions by Skymet
Investment portfolio details for Skymet
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Financial Statements - Skymet
Detailed financials for Skymet
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Skymet Comparisons
Peer comparison for Skymet
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Competitors of Skymet
Skymet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tomorrow.io, Perry Weather, AccuWeather, Atmo and Weather Decision Technologies, among others.
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Weather intelligence and forecasting solutions are provided for industries.
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Mobile weather forecasting app is provided to users.
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Operates a digital hub delivering weather information and forecasting solutions.
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AI-based weather forecasting solutions are provided for multiple industries.
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Weather forecasting support systems are provided for various applications.
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Cloud based carbon data management and analysis software
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Detailed competitors of Skymet
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Latest news on Skymet
Complete news archive for Skymet
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Frequently Asked Questions about Skymet
Skymet was founded in 2003 and raised its 1st funding round 8 years after it was founded.
Skymet is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Jatin Singh is the current CEO of Skymet. They have also founded this company.
Skymet is a funded company, having raised a total of $11.77M across 4 funding rounds to date.
As of Mar 28, 2024, the latest employee count at Skymet is 183.
Annual revenue of Skymet is $4.35M as on Mar 31, 2023.
Skymet was established in 2003 in Noida, India, within the weather and agricultural advisory sector. Weather forecasts and climate monitoring are delivered to various clients. Risk management services are extended to financial institutions and industries. Instrumentation solutions and agri-advisory guidance are also offered, supporting operational needs across regions.
Skymet's top competitors include Tomorrow.io, Atmo and Clarasight.
Skymet offers Weather Forecasting, Climate Monitoring, and Agri-Advisory.
Skymet has 5 investors. Key investors include Northern Arc Capital, DMGT, InsuResilience Investment Fund, Caspian, and Omnivore.
The valuation of Skymet is $29.51M as of Dec 2017.