Today's featured climate startup is Precip. Harnessing the power of AI, Precip delivers hyperlocal weather observations. Their innovative software supports a variety of applications, including enhanced mosquito control, optimized outdoor logistics, and tailored parametric insurance solutions.

Survey: State of Climate Tech 2024

Net Zero Insights is preparing for its yearly State of Climate Tech report. If you are an investor, innovator, corporate, or supporter in the Climate Tech space, contribute to the report by participating in the survey. Your insights, experiences, and perspectives are key to unlocking a more holistic understanding that data alone cannot provide. 

Precip Fast Facts

Headquarters

United States

Product

Precip’s journey began when the founders, who previously built farm management software, saw firsthand how recent rainfall data could significantly boost farm productivity. Surprisingly, non-farmers also used the tool to access their hyperlocal rainfall insights, revealing a broader demand for this data. Precip was born to meet that need, and their user-friendly mobile app makes it easier than ever to access accurate rainfall totals.

Unlike most weather data sources, Precip delivers precise, real-time insights into what actually occurred at a specific location. Traditional weather APIs often rely on archived forecasts, providing only an estimate of past conditions. Precip, however, offers true observational data, ensuring accuracy and reliability. With our user-friendly mobile app, accessing rainfall totals and other key weather information has never been easier.

Funding

Precip has raised $2,000,000.

Founders

Precip’s team is led by seasoned founders with over a decade of experience in high-precision weather data. Their previous software solutions have been adopted by 20% of US farms, showcasing their expertise in building impactful, data-driven tools.

• CEO: Jesse Vollmar

• Co-founder & CPO: Sam Pierce Lolla

• Co-founder: Michael Asher

Traction

• Backed by Y Combinator and other investors and

• Over 600 paying customers

• $2M in funding

Why Now?

With recent advancements in artificial intelligence, the potential to extract valuable insights from complex datasets has never been greater. At Precip, they see a unique opportunity to apply these AI breakthroughs to revolutionize weather data analysis.

Climate Impact

A prime example of Precip’s positive impact on the climate is their support of customers like Lithos Carbon in optimizing the logistics of enhanced rock weathering. By using Precip’s real-time field condition monitoring, they can make more informed delivery timing decisions, increasing the success rate of their deployments and driving greater climate benefits.

Latest Early Stage Climate Funding

Powered by

• Lithios raised a $12M Seed round

• WembraneX raised a $655K Seed round

• Fortius Metals raised a $2M Seed round

• QUIXOTIC raised a $1.43M Seed round

• Purpose raised a $15M Seed round

SEE YOU NEXT WEEK 👋

• Want to sponsor The Climate Scout? Learn more.

• Building your climate team? Save on recruiting costs.

• Follow us on LinkedIn.

• Want to be featured? Share your startup.