Tech Company Financing Transactions
Rhizome Funding Round
On 5/21/2025, Rhizome raised $6.5 million in Seed financing from Base10 Partners, Convective Capital and El Cap.
Transaction Overview
Company Name
Announced On
5/21/2025
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to scale its AI platform and team.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
Washington, DC Undisclosed
USA
Washington, DC Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Rhizome is an AI-powered software platform that helps electric utilities identify vulnerabilities from climate threats, quantify risk at high resolutions, and measure the economic and social benefits of grid-enhancing investments. Rhizome provides the highest standard of climate risk mitigation to ensure that communities and businesses are protected against intensifying extreme weather events.
Management Team
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