Every round on record, with the sources behind each and the investors on them.
A startup modeling weather and climate risks for electric utilities
rhizomedata.comLinkedInWashington D.C.ClimateFounded 2023
1 source · checked 1 time, last 2h ago
Expected according to axios.com; not announced.
Developing: it holds up against its sources so far, and firms up as more reporting lands.
The source describes a planned, not completed, raise; it gives a target range rather than a closed-round amount.; not on the page it cites, so not applied: date
1 source
Developing: it holds up against its sources so far, and firms up as more reporting lands.
The release calls this an “initial institutional capital raise” but does not assign a financing stage. The listed investors are described as backers, not participants in this specific raise.
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Series A Expected | $15M | 2026-10-19 | not stated | 1 outlet. #33 in Trending |
1 source · checked 1 time, last 2h ago Expected according to axios.com; not announced. [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 1 source
The source describes a planned, not completed, raise; it gives a target range rather than a closed-round amount.; not on the page it cites, so not applied: date | ||||
Rhizome builds AI-powered climate-risk modeling and investment-planning software that helps electric utilities identify vulnerable grid assets and decide which resilience investments to make.
Utilities are making decades-long infrastructure decisions while extreme weather is intensifying, weather-related outage minutes have increased threefold over the past decade, and the company says its models can identify substantially more potential asset failures than a utility's prior approach. Its $2.5 million launch round and later $6.5 million seed round, led by Base10 Partners, fund an AI platform that is already being used by utilities including Avangrid, Seattle City Light, VELCO, VEC, National Grid, and Horizon Networks to prioritize resilience and wildfire investments.
| Initial institutional capital raise [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $2.5M | ~ 2023-10-24 | not stated | No recent discussion |
1 source [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 1 source
The release calls this an “initial institutional capital raise” but does not assign a financing stage. The listed investors are described as backers, not participants in this specific raise. [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: globenewswire.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]confirmedchecked against 1 source·[ BRANDING ]logo and colour from the homepage·[ AGENT ]company research by the Firecrawl agent | ||||
Checked against 9 sources yesterday
None named.
Also named as backers in company research: El Cap, Intelis Capital, Jetstream, Looking Glass Capital, Base10 Partners, MCJ, Convective Capital, Streetlife Ventures, Stepchange, Everywhere