Rainbow Weather
Category: AI in Climate / Energy
An AI-first weather intelligence platform providing hyperlocal, minute-by-minute 'nowcasting' to help consumers and enterprises mitigate weather-related risks. Rainbow Weather was founded in 2021. The company is led by Alexander Matveenko. Based in Warsaw, Poland. Team size: 11-50. Total funding raised: $5.5M. Latest round: Seed ($5.5M, Jan 2025). Key investors include Kolos Ventures, Verras Capital, Melnichek Investments.
- Founded
- 2021
- Headquarters
- Warsaw, Poland
- Team size
- 11-50
- Total funding
- $5.5M
Value proposition
Provides ultra-precise, real-time precipitation forecasts with significantly higher refresh rates and granularity than traditional global meteorological models.
Products and solutions
Rainbow.ai Consumer App (iOS & Android), B2B Weather API & SDK, Hyperlocal Precipitation Nowcasting Engine, Enterprise Weather Intelligence Dashboard, Real-time Weather Alert System
Unique value
Utilizes a proprietary AI engine that aggregates and processes data from multiple sources—including satellites, radars, and ground stations—to provide minute-by-minute updates rather than the hourly updates typical of traditional models.
Target customer
Individual consumers (mobile app users), and enterprise clients in weather-sensitive sectors like agriculture, logistics, and energy.
Industries served
Agriculture, Logistics & Transportation, Renewable Energy, Insurance, Event Planning & Retail, Aviation
Technology advantage
High-frequency data processing (updates every 5–10 minutes) and hyperlocal resolution (down to 1km), combined with a leadership team of serial entrepreneurs with successful exits to Google and Mapbox.
How they differentiate
Rainbow Weather differentiates through its proprietary AI-first 'nowcasting' engine that processes data from satellites, radars, and ground stations in real-time. Unlike traditional models that update hourly, Rainbow provides minute-by-minute precipitation forecasts with a 1km resolution, specifically optimized for the 0-2 hour window.
Main competitors
Tomorrow.io, AccuWeather, Windy.com
Key partnerships
Kolos Ventures (Lead Investor), Verras Capital, Melnichek Investments, Strategic B2B pilots in the agriculture and logistics sectors
Notable customers
Agriculture sector pilots, Logistics and delivery providers, Renewable energy operators
Major milestones
Launched Rainbow.ai consumer app in 2022, Reached 1 million active users in 2024, Closed $5.5M Seed round in January 2025 to scale B2B enterprise solutions, Expanded AI engine to provide global coverage for precipitation nowcasting
Growth metrics
Over 1 million downloads on iOS and Android; consistently maintains a 4.8+ star rating; processed over 1 billion weather data points daily.
Market positioning
AI-driven climate tech challenger targeting both the high-end consumer market (B2C app) and weather-sensitive enterprise sectors (B2B API/SDK).
Geographic focus
Global consumer reach via mobile platforms, with a strategic business focus on North America and Europe.
Patents and IP
Proprietary AI algorithms and trade secrets; no specific public patent registrations disclosed as of early 2025.
About Alexander Matveenko
Alexander Matveenko is a serial entrepreneur with a strong background in AI and mapping technologies. He previously founded MapData, an AI-driven mapping startup that was acquired by Mapbox in 2017. He also served as a Product Manager at Maps.me and held various roles at Yandex, contributing to the development of large-scale consumer mapping products.
Official website: https://www.rainbow.ai/