Signal active
Organization
Contact Information
Overview
Understory is a weather infrastructure and analytics company that detects rain, hail, wind, and other weather events directly at the earth’s surface, where the risk to life and property is greatest. Understory builds and operates weather networks that are comprised of patented RTi weather stations, which are full-stack, rugged, tamper-proof, maintenance-free, precision weather solutions. The stations measure 50,000 times a second and power a cloud-based artificial intelligence core that stitches the measurements together to provide an unprecedented understanding of weather events.
These weather networks have completely wireless data transmission and provide research-grade hail, wind, rainfall, temperature, humidity, evapotranspiration, and growing degree unit accuracy at a fraction of the cost of any other solution on the market. Understory’s technology has been perfected for worldwide deployment and is posed to radically change the way weather is understood globally.
It was founded in 2012 and is currently based in Madison, Wisconsin.
About
Big Data, InsurTech, Analytics
2012
11-50
Headquarters locations
United States, North America
Social
N/A
Profile Resume
Understory headquartered in United States, North America, operates in the Big Data, InsurTech, Analytics sector. The company focuses on Big Data and has secured $6.2B in funding across 108 round(s). With a team of 11-50 employees, Understory is actively contributing to advancements in Big Data. Their latest funding round, Seed Round - Understory, raised $1.9M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
9
5
0
$57.8M
Details
8
Understory has raised a total of $57.8M in funding over 8 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2016 | Early Stage Venture | 7.5M | ||
2013 | Seed | 50.0K | ||
2012 | Seed | 18.0K | ||
2014 | Seed | 1.9M |
Investors
Understory is funded by 33 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Understory | - | FUNDING ROUND - Understory | 7.5M |
N29 Capital Partners | - | FUNDING ROUND - N29 Capital Partners | 7.5M |
Understory | - | FUNDING ROUND - Understory | 1.9M |
Andy Payne | - | FUNDING ROUND - Andy Payne | 1.9M |
Recent Activity
There is no recent news or activity for this profile.