About WeatherXM
WeatherXM is a company based in Athens (Greece) founded in 2021 by Nikos Tsiligaridis, Stratos Theodorou, and Manolis Nikiforakis.. WeatherXM has raised $12.7 million across 3 funding rounds from investors including Protocol Labs, Arca and DLTx. WeatherXM offers products and services including D1 WiFi Station, H2 Helium Station, Pulse 4G Station, and WeatherXM Pro. WeatherXM operates in a competitive market with competitors including Spire, PlanetiQ, Planalytics, WeGaw and GeoOptics, among others.
- Headquarter Athens, Greece
- Founders Nikos Tsiligaridis, Stratos Theodorou, Manolis Nikiforakis
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.7 M (USD)
in 3 rounds
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Latest Funding Round
$50 K (USD), Token Sale
May 30, 2024
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Investors
Protocol Labs
& 14 more
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Employee Count
Employee Count
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Products & Services of WeatherXM
WeatherXM offers a comprehensive portfolio of products and services, including D1 WiFi Station, H2 Helium Station, Pulse 4G Station, and WeatherXM Pro. 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.
Bundle combining weather station with WiFi gateway for data submission.
All-in-one station using Helium LoRaWAN for weather data transmission.
Weather station integrated with 4G LTE gateway for connectivity.
API platform for accessing hyperlocal weather data professionally.
Unlock access to complete
Funding Insights of WeatherXM
WeatherXM has successfully raised a total of $12.7M across 3 strategic funding rounds. The most recent funding activity was a Token Sale round of $50 thousand completed in May 2024. 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 3
- Last Round Token Sale — $50,000
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First Round
First Round
(30 Jun 2022)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Token Sale - WeatherXM | Valuation |
investors |
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| May, 2024 | Amount | Series A - WeatherXM | Valuation | Faction VC | |
| Jun, 2022 | Amount | Seed - WeatherXM | Valuation | Placeholder |
| 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 WeatherXM
WeatherXM has secured backing from 15 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Protocol Labs, Arca and DLTx. 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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Venture capital funding and acceleration are provided to sector-agnostic startups.
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Founded Year | Domain | Location | |
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Venture capital investing and portfolio management services for accredited investors.
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Founded Year | Domain | Location | |
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Investments are directed toward decentralized information networks by Placeholder.
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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 WeatherXM
| 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 - WeatherXM
| 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 |
Weatherxm Comparisons
Competitors of WeatherXM
WeatherXM 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 Spire, PlanetiQ, Planalytics, WeGaw and GeoOptics, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud, AI, and satellite-based data analytics solutions are developed.
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| domain | founded_year | HQ Location |
Real-time atmospheric data is gathered via micro-satellites for weather forecasting.
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| domain | founded_year | HQ Location |
Weather analytics platform is provided for enterprise business optimization.
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| domain | founded_year | HQ Location |
Real-time satellite data for climate adaptation is provided.
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| domain | founded_year | HQ Location |
Atmospheric data sensing technologies are provided via small satellites.
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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 Weatherxm
Frequently Asked Questions about WeatherXM
When was WeatherXM founded?
WeatherXM was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is WeatherXM located?
WeatherXM is headquartered in Athens, Greece.
Who is the current CEO of WeatherXM?
Manolis Nikiforakis is the current CEO of WeatherXM. They have also founded this company.
Is WeatherXM a funded company?
WeatherXM is a funded company, having raised a total of $12.7M across 3 funding rounds to date. The company's 1st funding round was a Seed of $5M, raised on Jun 30, 2022.
What does WeatherXM do?
Online weather forecasting data mining. It offers tools to compare information acquired from different sources aggregates and compares third-party weather forecasts with real-time environmental conditions in order to measure forecasting accuracy per location and forecasting provider. Additionally, it offers features such as collecting weather data through individual stations. It is available to download from google play and the apple store.
Who are the top competitors of WeatherXM?
WeatherXM's top competitors include Spire, PlanetiQ and Planalytics.
What products or services does WeatherXM offer?
WeatherXM offers D1 WiFi Station, H2 Helium Station, Pulse 4G Station, and WeatherXM Pro.
Who are WeatherXM's investors?
WeatherXM has 15 investors. Key investors include Protocol Labs, Arca, DLTx, Placeholder, and Faction.