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Understory
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Short description

Developer of weather-based analytics for agriculture, utilities and insurance markets

Founded in 2012
Founded in

Company type Private Public ()
Company type

Industry Group resources & environmental management

Sector climate risk & resilience

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Somerville, MA Somerville, United States
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Updated by Cleantech Group on 12/18/2023

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Date Company
Partnerships
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Date Partner Type
04/09/2018
Monsanto Monsanto
Monsanto is collaborating with hyper-local weather data provider Understory to optimize the company’s seed production operation in Argentina.
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Confirmed by Monsanto
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IPO INFORMATION

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Exchange listed

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Description

Date Investors Type Amount
06/05/2024 True Ventures True Ventures , Prelude Ventures Prelude Ventures (2)
Post-money valuation of
The company intends to use the funds to drive its expansion into the renewable energy sector.
Growth Equity $15,000,000
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