About Tomorrow.io
Tomorrow.io is a company based in Boston (United States) founded in 2016 by Itai Zlotnik, Rei Goffer, and Shimon Elkabetz.. Tomorrow.io has raised $164 million across 4 funding rounds from investors including RTX, Seraphim and Chemonics International. The company has 115 employees as of November 30, 2022. Tomorrow.io offers products and services including Resilience Platform, Weather API, and Consumer App. Tomorrow.io operates in a competitive market with competitors including Perry Weather, AccuWeather, Weather Decision Technologies, Atmo and Clarasight, among others.
- Headquarter Boston, United States
- Employees 115 as on 30 Nov, 2022
- Founders Itai Zlotnik, Rei Goffer, Shimon Elkabetz
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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 Climacell Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$164 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
RTX
& 11 more
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Employee Count
115
as on Nov 30, 2022
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Products & Services of Tomorrow.io
Tomorrow.io offers a comprehensive portfolio of products and services, including Resilience Platform, Weather API, and Consumer App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for weather data and decision-making tools
API delivering hyper-accurate weather forecasts and insights
App for personal hyperlocal weather updates and alerts
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Leadership Team
12 people
Software Development Team
7 people
Sales and Marketing
7 people
Product Management Team
6 people
Advisor Team
5 people
Data Analysis and Operations Team
4 people
Atmospheric Team
3 people
Human Resources and Administration
3 people
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Funding Insights of Tomorrow.io
Tomorrow.io has successfully raised a total of $164M across 4 strategic funding rounds. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
- First Round First Round
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series E - Tomorrow.io | Valuation | Activate Capital | |
| Jun, 2023 | Amount | Series E - Tomorrow.io | Valuation | Activate Capital | |
| Mar, 2021 | Amount | Series D - Tomorrow.io | Valuation | Stonecourt Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tomorrow.io
Tomorrow.io has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include RTX, Seraphim and Chemonics International. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are directed toward clean energy, mobility, and industry sectors.
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Founded Year | Domain | Location | |
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Investments are directed toward early and mid-stage tech startups.
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Founded Year | Domain | Location | |
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Venture capital fund investing in seed & early-stage startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tomorrow.io
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Tomorrow.io
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tomorrow.Io Comparisons
Competitors of Tomorrow.io
Tomorrow.io 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 Perry Weather, AccuWeather, Weather Decision Technologies, Atmo and Clarasight, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Mobile weather forecasting app is provided to users.
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| domain | founded_year | HQ Location |
Operates a digital hub delivering weather information and forecasting solutions.
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| domain | founded_year | HQ Location |
Weather forecasting support systems are provided for various applications.
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| domain | founded_year | HQ Location |
AI-based weather forecasting solutions are provided for multiple industries.
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| domain | founded_year | HQ Location |
Cloud based carbon data management and analysis software
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tomorrow.Io
Frequently Asked Questions about Tomorrow.io
When was Tomorrow.io founded?
Tomorrow.io was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Tomorrow.io located?
Tomorrow.io is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Tomorrow.io?
Shimon Elkabetz is the current CEO of Tomorrow.io. They have also founded this company.
Is Tomorrow.io a funded company?
Tomorrow.io is a funded company, having raised a total of $164M across 4 funding rounds to date. The company's 1st funding round was a Series D of $77M, raised on Jun 01, 2017.
How many employees does Tomorrow.io have?
As of Nov 30, 2022, the latest employee count at Tomorrow.io is 115.
What does Tomorrow.io do?
Tomorrow.io was founded in 2016 in Boston, United States, within the weather technology sector. Hyper-accurate weather data, satellite products, and forecasting tools are delivered through its platform to support industries in decision-making and risk management. Real-time, historical, and predictive weather information is included, along with a weather API for application integration. Operations focus on enhancing resilience against weather challenges across various geographies.
Who are the top competitors of Tomorrow.io?
Tomorrow.io's top competitors include Atmo, Clarasight and Perry Weather.
What products or services does Tomorrow.io offer?
Tomorrow.io offers Resilience Platform, Weather API, and Consumer App.
Who are Tomorrow.io's investors?
Tomorrow.io has 12 investors. Key investors include RTX, Seraphim, Chemonics International, Canaan, and JetBlue Technology Ventures.
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