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Dan Slagen
By Dan Slagen
Dan Slagen
Dan Slagen
Currently CMO at Tomorrow.io, Dan Slagen is a 4 time start-up executive specializing in scaling global go-to-market functions from early stage to $100M+ in ARR. With experience in both B2B and B2C at companies such as HubSpot and Wayfair, Dan has built teams across marketing, growth, sales, customer success, business development, and also founded and sold his own video tech start-up. A frequent contributor and advisor to the start-up community, Dan has spoken at more than 50 conferences and has been featured in The New York Times, The Wall Street Journal, Forbes, CNBC, TechCrunch, and Bloomberg TV amongst others. Above all else, Dan believes in creativity, drive, and a people-first mentality.
Jun 14, 2023· 2 min, 43 sec

Tomorrow.io Successfully Launches Second Satellite and Closes Series E Funding

With momentum including two satellite launches this year and generative AI advancements, Tomorrow.io is leveraging the new funding to accelerate growth

Tomorrow.io, the world’s leading weather intelligence and climate adaptation platform, today announced the successful launch of its R2 satellite from Vandenberg Air Force base on June 12th, in addition to the completion of its $87M Series E funding, led by Activate Capital. New investors as part of the round also include RTX Ventures, Seraphim, and Chemonics, in addition to existing investors SquarePeg Capital, Canaan, ClearVision, JetBlue Ventures, and Pitango Growth. 

Formed in 2016, Tomorrow.io’s mission is to help every person, business, and government solve their weather and climate-related challenges. So far this year, the company has already made two significant announcements including the successful launch of the world’s first commercially built satellites carrying a Ka-band weather radar, and the industry’s first weather and climate generative AI, nicknamed “Gale.”

“We believe Tomorrow.io’s vertically integrated approach and satellite constellation will accelerate a paradigm shift in how millions around the globe use weather to adapt to the impacts of an evolving climate,” said Jon Guerster, Partner at Activate Capital. 

Prior to launching the R1 and R2 satellites, the only precipitation radar-equipped satellite in orbit was NASA’s GPM Satellite. The satellites are now delivering initial samples of what would be the world’s richest and most comprehensive precipitation dataset, with 10 times the revisit rate relative to current state-of-the-art, directly into Tomorrow.io’s observation and modeling functions. Tomorrow.io will continue launching a combination of its radars and microwave sounders over the next 18-24 months to complete a constellation of more than 20 total satellites in LEO, bringing about a step function improvement to weather forecasting for every person, business, government, and location on earth including over the oceans.

Leading the way in generative AI, Tomorrow.io also unveiled Gale earlier this year, and while the ability to effortlessly convert climate and weather data into predictive and actionable insights has been noteworthy, Gale’s next-generation advantage comes from its unique dataset via Tomorrow.io satellites, of which Tomorrow.io’s AI is the only one in the world with access to the data. 

Supercharged by next-generation space technology, cutting-edge generative AI, and proprietary modeling capabilities, global leaders including JetBlue, Fox Sports, The United States Air Force, Ford, and Uber rely on Tomorrow.io on a daily basis. From innovative early warning systems to actionable insights, organizations can predict impact, mitigate risk, and ensure operational resilience from high impact weather with Tomorrow.io

“Through previous collaborations with Tomorrow.io, we’ve seen firsthand the strength of their capabilities and dedication of their people,” said Daniel Ateya, President & Managing Director at RTX Ventures. “Building upon the work we’ve already done together will allow us to continue developing the weather and climate technology the world needs right now.”

Tomorrow.io’s Series E funding will be used to accelerate the completion of its full constellation, consisting of radar-equipped satellites and microwave sounders. In addition to its space program, Tomorrow.io will allocate funding to specific strategic initiatives to continue on its monumental mission helping all of humanity adapt to the future of our planet, as recently highlighted in the documentary, 6 Years to Launch.

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