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§ Private Profile · San Francisco, CA, USA
High precision AI weather models
Precip has raised $500K across 1 funding round.
Key people at Precip.
Precip was founded in 2023 by Michael Asher (Founder) and Jesse Vollmar (Founder).
Precip has raised $500K in total across 1 funding round.
Precip uses AI to make hyperlocal weather observations. We’re started with the most important dimension of weather: rain. For example, one of our customers uses Precip daily to make sure their heavy trucks won’t get stuck in muddy fields.
Our highly rated mobile app is the best way to see rain and snow totals anywhere.
Precip was founded in 2023 by Michael Asher (Founder) and Jesse Vollmar (Founder).
Precip has raised $500K in total across 1 funding round.
Precip's investors include BoxGroup, FirstMark Capital, First Round Capital, General Catalyst, Montauk Ventures, Seven Seven Six, SignalFire, Sinai Ventures, Marco DeMeireles, Torch Capital, Tusk Venture Partners, Vine Ventures LP.
Key people at Precip.
Precip is a startup specializing in high-precision AI-driven weather models, focusing primarily on hyperlocal rainfall measurement and forecasting. It provides real-time, hyper-local precipitation data without relying on traditional weather stations or gauges, offering forecasts up to seven days ahead. Precip serves industries such as agriculture, construction, and transportation by enabling precise operational planning and risk mitigation through its subscription-based service and accessible API for integration into third-party applications. The company’s mission is to revolutionize weather observation by filling the gap in accurate, location-specific weather data, thereby enhancing decision-making across multiple sectors[1][2][3].
Founded in 2023 by Jesse Vollmar, previously CEO of FarmLogs—a successful farm management software company—Precip emerged from the recognition of a significant need for hyperlocal, precise rainfall data. Vollmar, alongside co-founder Michael Asher, a data scientist with interests in agriculture and construction, developed Precip to address this gap using AI technology that leverages satellite and radar data. Early traction includes backing from prominent investors like Garry Tan and Y Combinator, validating the startup’s innovative approach and market potential[1][2][3].
Precip rides the growing trend of AI-powered hyperlocal weather forecasting, a field gaining momentum due to the limitations of traditional physics-based global models and the increasing demand for granular, location-specific weather data. Climate change and the rising frequency of extreme weather events have intensified the need for precise forecasts to manage risks effectively. AI enables faster, more cost-effective, and more accurate predictions, which are critical for industries sensitive to weather variability. Precip’s innovation contributes to a broader ecosystem where AI is transforming meteorology, complementing public agencies and large-scale models by providing specialized, operationally relevant insights[4][5][6].
Looking ahead, Precip is poised to expand its impact by refining its AI models and broadening its industry reach. Trends such as climate volatility and the increasing integration of AI in operational decision-making will shape its growth trajectory. As demand for hyperlocal, actionable weather data rises, Precip’s influence is likely to grow, potentially setting new standards in weather analytics and enabling smarter, more resilient business operations. Continued innovation and strategic partnerships will be key to maintaining its leadership in this evolving market[1][2][5].
Precip has raised $500K across 1 funding round. Most recently, it raised $500K Seed in April 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2024 | $500K Seed | — | BoxGroup, FirstMark Capital, First Round Capital, General Catalyst, Montauk Ventures, Seven Seven SIX, SignalFire, Sinai Ventures, Marco Demeireles, Torch Capital, Tusk Venture Partners, Vine Ventures LP, Y Combinator, Karim Atiyeh, Scott Belsky | Announced |