Fundraising Fox

Salient Predictions

Falmouth, US · Founded 2019 · Delaware corporation · 5 known investors

Salient produces AI-powered subseasonal-to-seasonal weather and climate forecasts spanning one day to one year, using deep neural networks trained on ocean, land-surface, and climate data. Its forecasts and analytics serve industries including agriculture, energy, finance, and supply chain, delivered through decision tools, a map interface, and APIs.

Founders & leadership

Salient Predictions was founded in 2019 by Matthew Stein, Raymond Schmitt, Ray Schmitt, Eric Schmitt, and Stephen Schmitt.

MS
Matthew SteinCo-founder
RSRaymond Schmitt
Raymond SchmittinCo-founder
RS
Ray SchmittCo-founder
ESEric Schmitt
Eric SchmittinCo-founder
SSStephen Schmitt
Stephen SchmittinCo-founder

Board

PSPaul Straub
Paul Straubin𝕏Board directorCo-Founder, Managing Director at Wireframe Ventures

Investors · 5

Reported raises · per SEC filings

Form D private placements

$5.6M disclosed across 1 round · 2022

$5.6MraisedMay 2022 · 7 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Paul StraubDirector
  • Matthew SteinExecutive Officer, Director
  • Raymond SchmittExecutive Officer, Director
Offering amount
$5.6M
Amount sold
$5.6M
First sale
May 2022
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 4

by search overlap

Companies competing with Salient Predictions for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 1 SBIR/STTR award

Federal grants — no equity taken
AgencyPhaseYearAmount
National Oceanic and Atmospheric Administration (NOAA)National Oceanic and Atmospheric AdministrationPhase I2023$174.9K

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.

Frequently asked questions

What does Salient Predictions do?
Salient produces AI-powered subseasonal-to-seasonal weather and climate forecasts spanning one day to one year, using deep neural networks trained on ocean, land-surface, and climate data. Its forecasts and analytics serve industries including agriculture, energy, finance, and supply chain, delivered through decision tools, a map interface, and APIs.
Who founded Salient Predictions?
Salient Predictions was founded by Matthew Stein, Raymond Schmitt, Ray Schmitt, Eric Schmitt, Stephen Schmitt in 2019.
Who are Salient Predictions's investors?
Salient Predictions's investors include Blindspot Ventures Management Co, Endeavor8, First Star Ventures, Wireframe Ventures, Munich Re Ventures.
How much funding has Salient Predictions raised?
Salient Predictions has disclosed $5.6M raised across 1 round.
Where is Salient Predictions headquartered?
Salient Predictions is headquartered in Falmouth, US.