Salient Predictions develops Subseasonal to Seasonal (S2S) weather forecasts and analytics that provide outlooks two to 52 weeks ahead, combining novel ocean and land-surface data with machine learning and climate science. Its models and methods were developed by scientists from MIT and the Woods Hole Oceanographic Institution to deliver high accuracy. The company targets enterprise customers in the energy sector and other industries — including agriculture, transportation, and insurance — that benefit from extended forecast horizons. Salient helps clients improve resiliency, preparedness, and operational decision-making in the face of extreme weather and climate variability. The company is led by CEO Matt Stein and is positioning to expand its commercial presence regionally. As part of its regional growth plans, Salient has been accepted into the Rose Rock Bridge incubator and awarded a $100,000 non-dilutive grant to help build a business presence in Tulsa. Salient Predictions develops subseasonal-to-seasonal (S2S) weather forecasts and analytics covering periods from 2 to 52 weeks using machine learning models that incorporate ocean and land-surface data. The company says its forecasts are the world’s most accurate S2S predictions and that its core technology evolved from decades of research at Woods Hole Oceanographic Institution and MIT led by co‑founder and president Ray Schmitt. Founded in 2019 and based in Boston, Salient serves clients across a broad range of industries looking to better prepare for the risks of climate change. Management, including CEO Matt Stein, said the company will scale its long-range forecasting and analytics platform and invest further in people and technology. Financially, Salient announced the closing of a $5.4 million seed round led by Wireframe Ventures. Other participants included Munich Re Ventures, Powerhouse Ventures, Endeavor8, First Star Ventures, and Blindspot Ventures.

Total raised

$9M

Funding rounds

3

Latest round

Grant

Latest activity

Jun 2023