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