# Sunairio

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

- Industry: Software
- Headquarters: Baltimore, US
- Website: www.sunairio.com
- Total disclosed funding: $6.2M
- Latest round: Seed (Dec 18, 2024)
- Investors on record: 4

## About

Founded in 2023 by Mitchell Walk and Rob Cirincione, and based in Maryland, US, Sunairio, Inc. is a software company that provides climate simulation tools for energy investment, portfolio strategy, and grid management. In December 2024, Sunairio, Inc. raised USD 6.4 million in venture funding led by new investor Buoyant Ventures, with participation from other new investors Constellation Technology Ventures, MassMutual Ventures, and Rosecliff Ventures. Other unspecified investors also participated in the round.

Sunairio specializes in high-resolution climate simulation software that addresses the needs of energy investors, utilities, traders, and other stakeholders in the energy sector. The company’s core offerings revolve around a comprehensive technology platform designed to enhance energy investment decisions, portfolio strategy, and business insights through lifelike climate, asset, and market variability replication. The platform enables users to simulate utility-scale renewable energy projects, such as wind and solar, with hyperlocal climate data, allowing for more accurate pre-construction production estimates and the selection of uncorrelated projects to reduce revenue risk. Additionally, the software supports utilities and electric cooperatives in performing resource adequacy studies over a 15-year horizon, accounting for correlated weather outcomes. 

Sunairio, Inc. plans to utilize the USD 6.4 mn raised in December 2024 to further develop its energy sector platform. The company is focusing on enhancing its existing software and launching new products aimed at improving the accuracy of climate simulations for energy projects. Additionally, there are plans to expand into new markets in Latin America and Asia by the end of 2025, targeting renewable energy investors and utilities in these regions.

## Funding rounds

- Seed, Dec 18, 2024, $6.2M — Rosecliff Ventures, Constellation Technology Ventures, MassMutual Ventures, Buoyant Ventures

## Investors

- Rosecliff Ventures (https://capitalatlas.ai/funds/rosecliff-ventures) — Seed
- Constellation Technology Ventures (https://capitalatlas.ai/funds/constellation-technology-ventures) — Seed
- MassMutual Ventures (https://capitalatlas.ai/funds/massmutual-ventures) — Seed
- Buoyant Ventures (https://capitalatlas.ai/funds/buoyant-ventures) — Seed