Rhizome (Seed)

Funding Details
Awarder
Inbox
Date Award
May 21, 2025
Vertical
Climate Resilience Planning
Funding URL
View Funding Page
Funding Amount:
$6,500,000

Company Info
Founding Year
2023
Traction
In just under two years, Rhizome has developed and commercialized a suite of mission-specific products used by electric utilities in diverse geographical regions.
Organizations Involved
Avangrid, Seattle City Light, Vermont Electric Power Company, Vermont Electric Cooperative
Founders
Mishal Thadani
Company Description
Rhizome is an AI-powered software platform that helps utilities identify vulnerabilities from climate threats, quantify risk at high resolutions, and measure the economic and social benefits of grid-enhancing investments.
Market
Utilities
Location
Washington, United States
Coinvestors
MCJ, CLAI, Convective Capital, El Cap, Streetlife Ventures, Stepchange, Everywhere

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