Last deal

Amount

Non-equity Assistance

Stage

01.07.2024

Date

3

all rounds

$8.65M

Total amount

date founded

Financing round

General

About Company
Salient is an AI-powered sales platform that offers AI-based solutions for weather forecasting.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2019

Number of employees

Company Type

For Profit

Last funding type

Non-equity Assistance

IPO status

Private

Description

Salient uses ocean data and machine learning algorithms to accurately predict long-range weather forecasts, including heat and cold waves, floods, and droughts. Their weather prediction software is applicable across various industries such as agriculture, energy and utilities, insurance, finance, and commodities. Founded in 2017 and based in San Francisco, Salient's technology evolved from extensive research at Woods Hole Oceanographic Institution and MIT. They provide personalized outbound sales at scale, automatic customer responses, and proactive re-engagement with prospects. Salient's solutions are particularly useful for applications in retail, natural disaster planning, and more.
Contacts
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Their latest funding was raised on 01.07.2024. Their latest investor AcceliCITY powered by Leading Cities. Their latest round Non-equity Assistance

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People

Founders
3
Eric Schmitt
Eric Schmitt

Eric Schmitt

current job

Salient Predictions
Salient Predictions

organization founded

1

Eric Schmitt

Ray Schmitt
Ray Schmitt

Ray Schmitt

current job

Salient Predictions
Salient Predictions

organization founded

1

Ray Schmitt

Drew Volpe
Drew Volpe

Drew Volpe

Drew Volpe is an investor, entrepreneur, and technologist with a deep experience in search, machine learning, sensors, and mobile technologies. He was the founding VP of Product Development for Semantic Machines, the stealthy AI startup backed by $21m from Bain and General Catalyst. Drew was previously co-founder/CTO of Locately and lead the development of Locately's location-based mobile market research platform from inception through the company’s successful acquisition by SMG. Prior to Locately, Drew was Director of Product Development at Endeca Technologies, a pioneer in search and unstructured database systems, acquired by Oracle for $1.1 billion. Drew is an active speaker and mentor for startups at MassChallenge, MIT, Harvard, and elsewhere. Drew holds an AB in Computer Science from Harvard University.

current job

First Star Ventures
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Employee Profiles
9
Janet Lee

Janet Lee

Chief Product Officer

Karl Critz

Karl Critz

CTO

Matt Stein

Matt Stein

Co-Founder and CEO

Jesse Palma

Head of Machine Learning

Sam Levang

Sam Levang

Co-Founder and Chief Scientist

Ray Schmitt

Ray Schmitt

Co-Founder & President

Drew Volpe

Drew Volpe

Co-Founder & Managing Partner

Anthony Atlas

Anthony Atlas

Agriculture Solutions & Product Leader

Activity

Recent News
6
News Timeline

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