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- Tomorrow.io
Tomorrow.io Revenue, Valuation, Funding & Investors
Tomorrow.io is valued at $210M as of May 2026.
Last Tomorrow.io valuation
$210M
Series F · May 2026
Last Tomorrow.io funding round
$35M
Series F · May 2026
Tomorrow.io revenue
$100M
Series E · Jun 2023
Key investors in Tomorrow.io
Square Peg Capital
Canaan Partners
Pitango VC
JetBlue Ventures
Stonecourt Capital
Flybridge
About Tomorrow.io
Tomorrow.io is a Boston-headquartered SaaS weather intelligence platform delivering real-time forecasts customized for industries. Clients including NFL, Uber, Delta Airlines, Ford, and National Grid use its tools across North America, Latin America, Europe, and Asia to predict weather impacts on operations.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$100M (Jun 2023)
Valuation
$210M (May 2026)
Tomorrow.io Valuation
Tomorrow.io is currently valued at $210M, based on its Series F in May 2026.
The $35M round included Pitango VC, Harel Group, Stonecourt Capital and HarbourVest Partners.
Tomorrow.io's valuation has grown 3.3x from $63M at its Series A in November 2017 to $210M in May 2026, across 6 priced rounds.
Tomorrow.io valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| May 2026 | Series F | $210M | - |
| Feb 2026 | Series F | $1B | - |
| Jun 2023 | Series E | $437M | 4.4x |
| Mar 2021 | Series D | $550M | 78.6x |
| Jul 2020 | Series C | $280M | - |
| Nov 2017 | Series A | $63M | - |
Tomorrow.io Revenue
Tomorrow.io's latest recorded revenue is $100M, as of its Series E in June 2023. At a $437M valuation, that implies a 4.4x revenue multiple.
Revenue grew from $7M in March 2021 to $100M in June 2023, while the revenue multiple moved from 78.6x to 4.4x.
Tomorrow.io revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jun 2023 | $100M | $437M | 4.4x | Series E |
| Mar 2021 | $7M | $550M | 78.6x | Series D |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Tomorrow.io Funding History
Tomorrow.io has raised a total of $469M across 9 funding rounds.
Tomorrow.io's first fundraising round was a $5M seed round in May 2017. The most recent completed round was a $35M Series F in May 2026.
Tomorrow.io funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| May 2026 | Series F | Pitango VC; Harel Group; Stonecourt Capital; HarbourVest Partners | $35M | $210M | Tomorrow.io expanded its Series F financing by an additional USD 35 million from existing investor Pitango and Harel Insurance, alongside Stonecourt Capital and HarbourVest Partners, bringing the total Series F to USD 210 million. The company said the extension followed its earlier USD 175 million Series F announced in February 2026 and was intended to support deployment of DeepSky, its AI-native weather satellite constellation, as well as broader investment in space infrastructure and its AI-driven atmospheric intelligence platform. The financing was structured as equity investment and adds to the company’s existing investor base rather than representing a change of control or acquisition. The round was led in the earlier tranche by Stonecourt Capital and HarbourVest Partners, with participation from existing backers. The capital is being used to accelerate the buildout and deployment of DeepSky, expand space infrastructure, and advance Tomorrow.io’s resilience and weather intelligence platform. The company positions itself around commercial weather intelligence and atmospheric data delivery, with the satellite constellation aimed at improving coverage gaps in public weather observation, including over oceans and underserved regions. The May 2026 extension indicates continued investor support for the company’s infrastructure-heavy growth strategy and its attempt to scale an AI-native weather data stack. Tomorrow.io is a Boston-based technology company focused on weather intelligence and resilience applications. Its operations center on an AI-driven platform paired with satellite infrastructure, with the company describing DeepSky as the world’s first AI-native weather satellite constellation. Operational scale metrics such as revenue, EBITDA, employee count, and customer metrics were not disclosed. |
| Feb 2026 | Series F | HarbourVest Partners (lead); Stonecourt Capital (lead); Square Peg Capital | $175M | $1B | Tomorrow.io, a Boston-based weather intelligence and climate technology company, raised $175 million in equity financing in February 2026. The round was led by Stonecourt Capital and HarbourVest Partners, with participation from existing investor Square Peg Capital. Stonecourt Capital is a New York-based private equity firm managing over $400 million in assets, while HarbourVest is a global private markets firm with more than $146 billion in assets under management as of June 2025. The funds will support the expansion of Tomorrow.io’s space infrastructure and AI-driven intelligence platform, specifically the rapid deployment of the DeepSky satellite constellation, described as the world’s first AI-native weather satellite constellation. Tomorrow.io provides an end-to-end platform for managing weather resilience, combining next-generation space technology, generative AI, and proprietary weather modeling for advanced forecasting and decision-making. The platform is embedded across mission-critical industries including aviation, logistics, energy, insurance, and the public sector, serving more than half of the top ten Fortune 500 companies. |
| Jun 2023 | Series E | Activate Capital Partners (lead); Pitango VC; Clearvision Ventures; Canaan Partners; RTX Ventures; Seraphim Space IT; Chemonics; Flybridge; Square Peg Capital; JetBlue Ventures | $87M | $437M | Tomorrow.io is a Boston-based weather intelligence and climate adaptation platform that combines AI, proprietary weather modeling, and a satellite constellation to provide hyper-local forecasting and decision-making tools for industries like aviation, logistics, energy, insurance, and government. The company launched its first precipitation radar satellites (R1 in April and R2 in mid-2023) and released generative AI tool Gale around the June 2023 Series E funding. It serves enterprise, federal, and government customers globally, positioning itself as the fastest-growing in the weather sector with the largest private weather satellite fleet. In June 2023, Tomorrow.io raised $87 million in its Series E funding round led by Activate Capital Partners, with participation from Canaan Partners, Chemonics, Clearvision Ventures, Flybridge, JetBlue Ventures, Pitango VC, RTX Ventures, Seraphim Space, and Square Peg Capital. The funds were allocated to accelerate deployment of its full 20-satellite constellation over 18-24 months, alongside revenue growth and strategic initiatives toward profitability. Tomorrow.io has raised over $480 million total across multiple rounds prior to 2026, including a March 2021 Series D at $473 million valuation and a July 2020 round. |
| Mar 2021 | Series D | Stonecourt Capital (lead); Highland Capital Partners | $77M | $550M | Tomorrow.io, formerly ClimaCell, is a weather intelligence platform providing global weather and climate security solutions, serving enterprise, government, and B2C clients including Uber, Delta, JetBlue, and logistics firms. In March 2021, it raised a $77 million Series D round led by Stonecourt Capital with participation from Highland Capital (also referred to as Highline Capital), bringing total funding to about $185 million. The funds were earmarked for launching satellites, improving products, and accelerating go-to-market activities amid a strategic shift toward space-based data and analytics. The company reported strong traction pre- and post-round, with a 200% net revenue retention rate and 850% growth in annual contract value over the two years leading to Q1 2021. Sales grew from $7.4 million in 2020 to $19 million in 2021, a more than 150% increase, while its client roster expanded over 80% across sectors. This performance underpinned projections for sustained growth and supported a planned merger announced later. Tomorrow.io positioned itself as a SaaS platform expanding into space with proprietary radar technology via the 2021 acquisition of Remote Sensing Solutions. By 2022, it pursued larger rounds, including a $175 million raise at over $1 billion valuation led by Stonecourt Capital and HarbourVest, with estimated $100 million ARR, and eyed a $1.2 billion SPAC deal. The firm operated the largest weather satellite fleet, generating significant atmospheric data, and focused on AI-driven forecasting to replace aging infrastructure. |
| Jul 2020 | Series C | Pitango VC (lead); Square Peg Capital (lead) | $23M | $280M | Tomorrow.io, formerly known as ClimaCell, is a Boston- and Tel Aviv-based weather intelligence platform providing enterprise-grade SaaS products including a Business Dashboard, API, Historical AI Data, and Consumer App. The company leverages automated and predictive impact technologies to help customers in sectors like global supply chain, energy, insurance, and on-demand services save on operational costs, improve safety, and mitigate weather-related damages. Recent enterprise customers around the time included ITS Conglobal, IndiGrid, and Swiggy. Founded in 2016, Tomorrow.io was recognized as having the top global weather API for businesses. Customer testimonials highlighted significant cost savings and revenue optimization from using the platform. On July 28, 2020, Tomorrow.io raised $23 million in a Series C funding round co-led by Pitango Growth and existing investor Square Peg Capital, bringing total funding to over $100 million. The capital was intended to accelerate strategic initiatives amid rapid growth. TechCrunch and the company's blog confirmed the round details, noting the company's unique approach to actionable weather intelligence impacting 65% of global GDP. The company continued raising capital in subsequent rounds, including a $77 million Series D in March 2021 and later larger financings. |
| Apr 2019 | Series A | Danny Hadar; SB Energy | $7M | - | - |
| Oct 2018 | Series B | Clearvision Ventures (lead); SoftBank Group (lead); Envision Ventures; Fontinalis Partners; Canaan Partners; Ford Smart Mobility; Square Peg Capital; JetBlue Ventures; Evergy Ventures; Intact Financial Corp.; Counterpart Advisors; National Grid Partners (NGP) | $45M | - | Tomorrow.io (formerly ClimaCell) is a weather intelligence platform leveraging AI, machine learning, and a global sensor network to deliver hyper-local weather forecasts and insights for business operations across industries like logistics, energy, and aviation. The company raised approximately $45 million in a Series B round on August 21, 2018, with investors including Clearvision Ventures, SoftBank, Canaan Partners, and others listed, though lead investors align with Clearvision and SoftBank per query. This followed a $14 million Series A in November 2017 and earlier seed rounds totaling over $3.8 million since 2016. The funds supported platform expansion, AI enhancements, and vertical market penetration to extend competitive edge in weather SaaS. Tomorrow.io has continued fundraising, reaching over $480M total raised by 2026 with a Series F at $825M valuation, positioning it strongly in climate tech amid growing demand for precise weather data. |
| Nov 2017 | Series A | Canaan Partners (lead); Fontinalis Partners; Square Peg Capital; JetBlue Ventures | $15M | $63M | Tomorrow.io raised $15 million in a Series A-1 funding round on November 27, 2017, led by Canaan Partners with participation from Fontinalis Partners and Square Peg Capital. The post-money valuation for this round was $63.06 million. This round matches the specified investors and approximate date. |
| May 2017 | Seed | Project 11 Ventures (lead); Square Peg Capital (lead); The Graduate Syndicate; Flybridge | $5M | - | - |
Who has invested in Tomorrow.io?
26 investors have backed Tomorrow.io across its funding rounds, including Square Peg Capital, Canaan Partners, Pitango VC, JetBlue Ventures, Stonecourt Capital and Flybridge.
Lead investors include HarbourVest Partners, Stonecourt Capital, Activate Capital Partners, Pitango VC, Square Peg Capital and 4 other investors.
Tomorrow.io Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 6 | Lead | May 2017 | ||
| 3 | Lead | Jul 2020 | ||
| 3 | Lead | Nov 2017 | ||
| 3 | Participant | Nov 2017 | ||
| 3 | Lead | Mar 2021 | ||
| 2 | Participant | Nov 2017 | ||
| 2 | Lead | Oct 2018 | ||
| 2 | Participant | May 2017 | ||
| 2 | Lead | Feb 2026 | ||
| 1 | Participant | Oct 2018 | ||
| 1 | Participant | Apr 2019 | ||
| 1 | Participant | Mar 2021 | ||
| 1 | Participant | May 2017 | ||
This data is available for Pro users. Sign up to see all 26 Tomorrow.io investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialTomorrow.io Competitors
Tomorrow.io competitors include listed companies like Abeja and Expert.ai, and private ones like Seismic Therapeutic, Bangke Intelligent, OpusClip and Chooch.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $210M | - | ||
| Publicly listed | $23M | $3M | $208M | 6.4x | ||
| Private | - | - | $207M | - | ||
| Private | $20M | - | $215M | 10.8x | ||
| Publicly listed | $53M | $5M | $203M | 4.3x | ||
| Private | - | - | $217M | - |
Tomorrow.io Public Comps
Tomorrow.io is still privately-owned, but its public comps include Abeja, Expert.ai, Appen, AInnovation Technology, Selvas AI, User Local, Coveo Solutions, Saltlux, Stradvision and RTB Digital (Roundtable).
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $23M | $3M | 7.8x | 6.4x | 60.9x | - | |||
| $53M | $5M | 4.0x | 4.3x | 39.9x | 53.8x | |||
| $231M | $9M | 0.7x | 0.6x | 16.9x | 7.2x | |||
| $226M | ($30M) | 0.7x | 0.8x | (5.7x) | (4.6x) | |||
| $84M | ($65K) | 2.6x | 3.3x | (3294.6x) | 19.8x | |||
| $34M | $15M | 2.7x | 2.8x | 6.1x | - | |||
| $148M | ($25M) | 1.2x | 1.2x | (7.3x) | 107.6x | |||
| $30M | ($5M) | 3.8x | - | (22.9x) | - | |||
This data is available for Pro users. Sign up to see all Tomorrow.io competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Tomorrow.io
| When was Tomorrow.io founded? | Tomorrow.io was founded in 2016. |
| Where is Tomorrow.io headquartered? | Tomorrow.io is headquartered in Boston, MA, United States. |
| Is Tomorrow.io publicly listed? | No, Tomorrow.io is a private, VC-backed company. |
| What is Tomorrow.io's valuation? | Tomorrow.io was last valued at $210M in its Series F in May 2026. |
| How much funding has Tomorrow.io raised? | Tomorrow.io has raised $469M across 9 funding rounds. |
| What was Tomorrow.io's last funding round? | Tomorrow.io's last funding round was a $35M Series F in May 2026. |
| Who are Tomorrow.io's investors? | Tomorrow.io's investors include Square Peg Capital, Pitango VC, Canaan Partners, JetBlue Ventures, Stonecourt Capital, Fontinalis Partners, Clearvision Ventures, Flybridge, HarbourVest Partners, Envision Ventures and 16 others. |
| What is Tomorrow.io's revenue? | Tomorrow.io's latest recorded revenue is $100M (June 2023). |
| What is Tomorrow.io's revenue multiple? | Tomorrow.io's latest valuation implies a 4.4x revenue multiple ($437M valuation on $100M of revenue). |
| Which companies are comparable to Tomorrow.io? | Companies comparable to Tomorrow.io include Seismic Therapeutic, Abeja, Bangke Intelligent, OpusClip, Expert.ai and Chooch. |
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