Understory Secures $7.5M in New Funding to Power Global Expansion of Weather Sensor Network
Summary
MADISON, Wis.--( BUSINESS WIRE )-- Understory , the weather network and analytics company, today announced that it has secured $7.5 million in additional funding led by 4490 Ventures .“We look forward to seeing how Understory continues to leverage regional expertise and talent to redefine real-time weather information for insurance, agriculture, academics, utility companies, and more,” Case added.“This funding represents another step forward towards realizing our goal of disrupting the status quo when it comes to weather analysis,” said Alex Kubicek, Co-founder and CEO of Understory.“It has taken a number of years and a lot of dedication from our team, but Understory is now positioned to truly enable a fundamental shift in how the insurance and agriculture industries utilize data to make informed weather-related decisions.”In 2017, Case and JD Vance announced a $150 million Rise of the Rest Seed Fund, backed by a group of iconic entrepreneurs, executives and investors that believe the next great startup investments are located outside of coastal cities.