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Lotic Labs
Techstars '18Chicago, US · Founded 2016 · 3 employees on LinkedIn · 2 known investors
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Lotic Labs provides software solutions to help businesses discover, track, and manage weather-related financial risks across their supply chains, assets, and operations. The platform uses geospatial indexing, artificial intelligence, and risk modeling to integrate weather, environmental, and economic data for risk quantification and management.
Also known as BottomLineWeather
Investors · 2
How we know: Evergreen Climate Innovations's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: the Techstars portfolio · funding news · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us
Company profile
researched Sep 2026Lotic Labs develops software that helps organizations discover, track, and manage weather-related financial risk. Its platform, BottomLineWeather, combines data science tooling, artificial intelligence, and risk modeling to translate weather, environmental, and economic conditions into financial and operational outcomes for risk managers, CFOs, and operations teams.
The platform is organized around a set of tools spanning the risk lifecycle: riskExplore for investigating environmental and economic data relevant to an operation; riskConnect, which applies statistical modeling and AI to identify which weather and environmental conditions drive financial risk; riskTrack for continuously updating data and risk models as weather and business conditions change; riskCast, which pairs weather and climate forecasts with a customer's risk model to produce financial forecasts; riskManage for building and evaluating mitigation strategies using simulation; and riskPrice for designing, testing, and supporting execution of parametric insurance products.
Materials describing the company also characterize its technology as enabling efficient water markets and innovation in environmental finance by integrating fragmented data sets with environmental science models and financial simulations, supporting analysis of financial, operational, and environmental decisions in the water utility and heavy industrial sectors, and powering the design of financial products for risk management, conservation, and green infrastructure investment.
Business model
Lotic Labs offers its BottomLineWeather platform as a software product to enterprise and utility customers, with prospective buyers directed to schedule a demo through the company's website.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Lotic Labs is described as a pre-seed stage company with 1-10 employees operating across financial services, fintech, insurance, software, and water segments.
Technology
The platform uses a geospatial indexing system to warehouse and integrate weather (temperature, precipitation), environmental (streamflow), remotely sensed (landcover, biomass), and economic (commodity and freight prices) data. AI-powered modeling ties these data to customers' financial and operational realities across asset types including point-location physical property, key suppliers, and freight networks over service areas. Historic data and advanced simulation methods are used to analyze interactions between risks across geography and time, producing exposure estimates at both asset and portfolio level.
Go-to-market
The company markets directly through its website, inviting prospects to request a demonstration of the BottomLineWeather platform or contact the company by email.
Water utilities, insurance and reinsurance firms, green infrastructure project owners, agriculture, beverage and bottling companies, and data center operators; within customer organizations the platform targets risk managers, CFOs, and operations teams.
Geography
Locations associated with the company include Boston and Hingham, Massachusetts, and Chicago and North Chicago, Illinois, in the United States.
History
The company was founded in 2016 and is associated with the Techstars network.
Compiled by commissioned research from 3 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Non-dilutive funding · 2 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Science Foundation | Phase II | 2019 | $948.9K |
| National Science Foundation | Phase I | 2017 | $225K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
▸Research sources · 3
primary sources listed
- Lotic Labsloticlabs.com · web
3 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Lotic Labs do?
- Lotic Labs builds BottomLineWeather, a platform that quantifies and manages weather-driven financial risk for businesses.
- Who are Lotic Labs's investors?
- Lotic Labs's investors include Evergreen Climate Innovations, Techstars.
- Where is Lotic Labs headquartered?
- Lotic Labs is headquartered in Chicago, US.