Every day, companies from industries such as aviation, financial services, insurance, retail, and agriculture, make critical business decisions based on the weather. These decisions are only as good as a forecast itself. Surprisingly, most of today’s weather forecasting models rely on technology from the 20th century, and when applied at the local level, may only have accuracy rates of about 50%. Enter Climacell. The Boston-based weather technology company aims to help the aviation industry and other verticals make better business decisions by more accurately predicting the weather. ClimaCell measures the attenuation of microwaves transmitted between cell towers, generating minute-by-minute, weather predictions at near pinpoint accuracy right to the street (or runway) level. The company was founded in 2015 by a team from the Harvard Business School and the MIT Sloan School of Business.
—Ajay Sharma, Investment Principal, JetBlue Technology Ventures
—Shimon Elkabetz, CEO and Co-Founder of ClimaCell