WeatherOptics

Overview
News
Climate Risk Analytics?
Product stageSegments
Early
?
Short-term weather analytics: AI/ML, Climate risk rating
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WeatherOptics uses AI and machine learning to process hyperlocal meteorological data and non-weather hydrological, demographic, and geospatial variables to generate weather impact predictions. The actionable data signals weather-adjusted estimated time of arrival (ETA), road danger forecasts, power outage probability, and flood threats.

The company’s API-based weather forecasting tools include RightRoute, Impact Scores, and Historical Data. 1) RightRoute provides weather-adjusted ETA predictions for logistic routes up to seven days in advance. 2) Impact Scores derive location-specific risk by using geospatial data and ground-truth impact. 3) Historical Data provides granular impact data for business models and is adopted for weather accuracy checks. WeatherOptics works with shipping companies and supply chain software providers. In September 2023, the company launched a set of predictive wildfire products: the Wildfire Conditions Index and the Wildfire Spread Index to assess the probability and spread of wildfires.

Key customers and partnerships

In February 2022, WeatherOptics partnered with NFI , a third-party logistics company to provide weather visibility across freight and supply chains. This would allow NFI customers to gain access to granular-level weather insights including road conditions, flood, shipment delays, and overall business disruption. In May 2022, the company collaborated with Descartes Systems Group to provide freight brokers and third-party logistics providers with transportation visibility up to seven days in advance, together with risk management solutions. In June 2022, WeatherOptics partnered with Surge Transportation, a freight brokerage firm, to improve freight visibility by optimizing the former’s Impact Risk Scores and RightRoutes. In August 2023, the company entered into a similar partnership with Sunset Transportation , a third-party logistics company, to improve freight execution, reliability, and driver safety.


HQ location:
New York NY USA
Founded year:
2016
Employees:
11-50
IPO status:
Private
Total funding:
-
Last Funding:
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Last valuation:
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Key competitors
 
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Company profile
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