# Jupiter Intelligence

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jupiter-intelligence

- Industry: Software
- Headquarters: San Mateo, US
- Website: http://www.jupiterintel.com
- Total disclosed funding: $85M
- Latest round: Series C (Aug 3, 2021)
- Investors on record: 11

## About

Based in California, US, and established in 2017, Jupiter Intelligence operates as a provider of cloud-based software solution that helps businesses manage and predict risks from climate change. The company also has offices in Silicon, Valley, Boulder, Colorado and New York City, New York. The company offers dynamic technology services such as FloodScore, HeatScore, ClimateScore Global, WindScore, FireScore, and ClimateScore Intelligence. The apps predict the dangers from natural phenomena in order to protect assets. 

Eric Wun and Rich Sorkin met in 1996 in the early days of the development of mapping and weather prediction technologies. They got their start in the business co-founding Zeus. In the interim, Sorkin served as the president of Kaggle. By that point, Sorkin had already left to launch Jupiter Intelligence, Inc. The next person to join the team was Josh Hacker who had run satellite operations for Skybox. Following the merger of Skybox with Planet Labs, Hacker took a job at the National Oceanic and Atmospheric Administration within the Department of Commerce (one of the organizations focused on climate change). The final recruit was Adam Blumberg who was approached because of his role in developing the Princeton Ocean Model, which is used by over 5700 research and operational groups in 70 countries and his leadership position in developing 2-hour and 4-day flood predictions.
Jupiter Intelligence, Inc. gathered the efforts and expertise of a team of business leaders, technologists, scientists, and risk management and data analytics specialists. Jupiter Intelligence, Inc. recruited a team from research laboratories and corporations with a deep knowledge base encompassing product development, Earth and climate science, weather modeling, machine learning and artificial intelligence, virtualization, cloud computing and storage, and big-data management.
The founders raised USD10 million in early financing from strategic partners and investors; this initial round has since been followed by successive investments of roughly USD30 million from both existing and new sources. 
Jupiter Intelligence, Inc. will use the funding to accelerate the expansion in sales and support to meet customer demand Jupiter also will use the funds to accelerate investment in research and development.

## Funding rounds

- Series C, Aug 3, 2021, $54M — Ignition Partners, CDPQ, Liberty Mutual Insurance Company, DCVC, Clearvision Ventures, SystemiQ, Energize Capital, QBE Ventures, MS&AD Ventures, MPower Partners
- Series B, Mar 4, 2019, $23M — Ignition Partners, DCVC, Nephila Capital Ltd., SystemiQ, Energize Capital, QBE Ventures
- Series A, Feb 12, 2018, $8M — Ignition Partners, DCVC
- Seed, Apr 1, 2017 — DCVC

## Investors

- DCVC (https://capitalatlas.ai/funds/dcvc) — Seed, Series A, Series B, Series C
- Ignition Partners (https://capitalatlas.ai/funds/ignition-partners) — Series A, Series B, Series C
- Nephila Capital Ltd. — Series B
- SystemiQ (https://capitalatlas.ai/funds/systemiq) — Series B, Series C
- Energize Capital (https://capitalatlas.ai/funds/energize-capital) — Series B, Series C
- QBE Ventures (https://capitalatlas.ai/funds/qbe-ventures) — Series B, Series C
- CDPQ — Series C
- Liberty Mutual Insurance Company — Series C
- Clearvision Ventures (https://capitalatlas.ai/funds/clearvision-ventures) — Series C
- MS&AD Ventures (https://capitalatlas.ai/funds/ms-ad-ventures) — Series C
- MPower Partners — Series C