# Rhizome

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rhizome

- Industry: Software
- Headquarters: Washington, US
- Website: www.rhizomedata.com
- Total disclosed funding: $12M
- Latest round: Seed (Apr 11, 2025)
- Investors on record: 11

## About

Based in the District of Columbia, US, and co-founded by Mishal Thadani (CEO) and Rahul Dubey (CTO) in 2023, Rhizome operates as a software-as-a-service (SaaS) company offering a platform that tracks, monitors, and reports on grid reliability and resilience. Some of the firm’s clients include Seatle City Light, Joules Accelerator, SLAC, Climate READi, etc. In October 2023, the firm raised USD 2.5 million in seed funding led by investors El Cap, Intelis Capital, Jetstream, and Looking Glass Capital. In May 2025, Rhizome, Inc. raised USD 6.5 million in seed funding led by new investor Base10 Partners, with participation from other new investors CLAI Ventures, Everywhere Ventures, MCJ, Stepchange, and Streetlife Ventures. Returning investors Convective Capital and El Cap also participated in the round. The company addresses the escalating challenges posed by extreme weather events to the power grid. Rizome through its AI (artificial intelligence) powered software platform offers solutions for investment planning, with a primary objective of enhancing grid reliability and resilience. Their software leverages advanced technology, climate science, and machine learning to facilitate the planning and execution of grid investments. Additionally, the company also offers tools to quantify climate-related risks at high resolutions and to evaluate the economic and social benefits of grid-enhancing investments. It includes autonomous machine learning models, high-resolution climate projections, and decision intelligence capabilities. The company plans to utilize the May 2025 funding  to expand its artificial intelligence platform and grow its team to support utility-focused climate resilience planning.

## Funding rounds

- Seed, Apr 11, 2025, $9.8M — Base10 Partners, Everywhere Ventures, MCJ, Convective Capital, El Cap, Stepchange, Streetlife Ventures, CLAI
- Seed, Oct 24, 2023, $2.5M — Intelis Capital, Looking Glass Capital, Jetstream, El Cap

## Investors

- Intelis Capital (https://capitalatlas.ai/funds/intelis-capital) — Seed
- Looking Glass Capital (https://capitalatlas.ai/funds/looking-glass-capital) — Seed
- Jetstream (https://capitalatlas.ai/funds/jetstream) — Seed
- El Cap (https://capitalatlas.ai/funds/el-cap) — Seed
- Base10 Partners (https://capitalatlas.ai/funds/base10-partners) — Seed
- Everywhere Ventures (https://capitalatlas.ai/funds/everywhere-ventures) — Seed
- MCJ (https://capitalatlas.ai/funds/mcj) — Seed
- Convective Capital (https://capitalatlas.ai/funds/convective-capital) — Seed
- Stepchange (https://capitalatlas.ai/funds/stepchange) — Seed
- Streetlife Ventures (https://capitalatlas.ai/funds/streetlife-ventures) — Seed
- CLAI (https://capitalatlas.ai/funds/clai) — Seed