Fundraising FoxSalient Predictions
Falmouth, US · Founded 2019 · Delaware corporation · 5 known investors
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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.
Board
Investors · 5
How we know: Blindspot Ventures Management Co's portfolio page · Not right? Tell us
How we know: Endeavor8's portfolio page · Not right? Tell us
How we know: the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Wireframe Ventures's portfolio page · board seat on SEC Form D · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$5.6M disclosed across 1 round · 2022
▶$5.6MraisedMay 2022 · 7 investors · OtherRule 506(b)
- 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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 4
Companies working in the same space as Salient Predictions.
Non-dilutive funding · 1 SBIR/STTR award
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Oceanic and Atmospheric Administration (NOAA)National Oceanic and Atmospheric Administration | Phase I | 2023 | $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.