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Rainbow
Founded 2021 · 22 employees on LinkedIn · 8 known investors
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Rainbow delivers hyperlocal weather forecasts using real-time satellite and radar data, with a focus on minute-by-minute precipitation nowcasting up to 4 hours in advance. The company serves multiple industries including logistics, agriculture, energy, media, retail, and financial services through both a consumer app and enterprise APIs.
Founders & leadership
Rainbow was founded in 2021 by Alexander Matveenko.
AM
Alexander MatveenkoCEO, FounderAlexander Matveenko founded Rainbow, which develops AI-powered weather nowcasting technology using satellite, radar, and sensor data to deliver precipitation forecasts and operational weather intelligence for logistics, agriculture, energy, and other sectors. He previously held leadership positions at MAPS.ME and Mapbox in mapping and geospatial technology.
Investors · 8
Melnichek Investmentslisted by Melnichek InvestmentsLimassol
How we know: Melnichek Investments's portfolio page · Not right? Tell us
Caffeinated CapitalreportedSan Francisco · $3M – $50M
How we know: lifeinsuranceinternational.com · Not right? Tell us
Zigg CapitalreportedNew York · $4M
How we know: funding news · lifeinsuranceinternational.com · Not right? Tell us
Also in the syndicate · 2
Arch Capital GroupBuckley Ventures
Funding
SEC filings, press & company announcements- Undisclosed amountSeries AJan 2025Source ↗
- Undisclosed amountseed funding roundJan 2024
8VC, Altai Ventures, Arch Capital Group, Buckley Ventures, Caffeinated Capital, Habitat Partners, Zigg Capital
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
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Frequently asked questions
- What does Rainbow do?
- Rainbow delivers hyperlocal weather forecasts using real-time satellite and radar data, with a focus on minute-by-minute precipitation nowcasting up to 4 hours in advance. The company serves multiple industries including logistics, agriculture, energy, media, retail, and financial services through both a consumer app and enterprise APIs.
- Who founded Rainbow?
- Rainbow was founded by Alexander Matveenko in 2021.
- Who are Rainbow's investors?
- Rainbow's investors include Melnichek Investments, 8VC, Altai Ventures, Caffeinated Capital, Habitat Partners, Zigg Capital.