Controlling the Cost of Weather

Security Type
Common Stock
Min Investment
Scotts Valley, CA
Offering Date
November 11, 2021
Expected Close Date
May 12, 2022
Amount Raised
Security Price

Key Deal Facts

Established Company that Doubled Revenues Last Year. We have solid traction and a clear path toward greater success, with more than 40,000 paying customers and millions of users. Our revenues were $2.9m in 2019, approx. $6.5m in 2020, and we are just getting started.
Weather has a Huge Impact on $85 Trillion Global GDP. The current market for weather data and decision support already exceeds $7 billion and the addressable market is much larger - and growing. Climate Change is fueling demand for more and better weather data. Our products are disrupting the existing, fragmented market and positioning us to take advantage of the expanding opportunity.
Defensible Proprietary Advantages. Our powerful Nearcast Technology and trade leverages strategic patents and proprietary data to guarantee better results for customers. Our expanding network of Tempest Hardware systems (over 30,000 already deployed) combined with our AI-based weather modeling gives us an unrivaled advantage over would-be competitors.

Security Description

Common stock is a security that represents ownership in a corporation.

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