- Nobel Prize winning expert in climate predictions (IPCC)
- Google’s former head of Satellite data systems and operations
- Co-developer of Princeton Ocean Model
- NSF head of atmospheric science and world expert on hurricanes and cyclones
- Developer of the short-term flood prediction system for the Port Authority of New York & New Jersey
- CEO of Zip2, Internet GIS pioneer
- SAP’s VP IOT and Cloud marketing
- Hydroscientist who completed NOAA‑led post‑Harvey Houston flooding assessment
- PI of NSF project to containerize weather prediction
Leaders from U.S. agencies, including the National Oceanic and Atmospheric Administration (NOAA), the National Center for Atmospheric Research (NCAR), the National Science Foundation (NSF), NASA, the CIA, the Department of the Treasury and the Department of State
Renowned advisors, including the former Chief Climate Envoy of the United States, Deputy Secretary of the U.S. Treasury, Chief Data Officer of Goldman Sachs, President of The Hartford’s property and casualty companies, Head of Analytics for Google Search, developer of the Palantir data pipeline, and former senior executives and domain experts at Bridgewater and Verisk Insurance Solutions
Asset owners, planners, developers, investors, and government agencies are increasingly recognizing the need to incorporate climate impact data into risk modeling for specific assets. Catastrophic risk modeling most often projects the future based on past statistics with the assumption that the climate is not changing. This approach is flawed in today’s dynamic environment that is continually shaped by changes to built and natural landscapes. Similarly, climate panels at the international, national, state and metropolitan levels use inconsistent methodologies, validation approaches, and metrics that make it nearly impossible for the private sector to use them without extensive custom work.
Today’s decision-makers need data that reflect ongoing change and provide consistent approaches to quantifying physical risk in a changing climate. With the right information, they can make more informed decisions for site selection and design, critical infrastructure planning, equipment ratings, capital investment and portfolio planning, insurance, alternative investment decisions, zoning and building code development, and many other areas. The right decisions improve safety and reduce risks to critical infrastructure and business operations.
Jupiter is the global leader in data and analytics services to help make informed decisions that safeguard critical at-risk infrastructure from extreme weather, sea-level rise, storm intensification, and rising temperatures caused by short, medium, and long-term climate change. Jupiter’s ClimateScore™ Intelligence Platform provides sophisticated, dynamic, hyper-local, current- hour-to-50-plus-year probabilistic risk analysis for weather in a changing climate. The company’s FloodScore™, HeatScore™, FireScore™, and WindScore™ services are used for climate-related risk assessment and management in every region of the planet. Jupiter’s models are based on the latest science, as developed by the global Earth and Ocean Systems science community.
Strategic investors, venture firms and high net worth individuals have invested almost $40 million in Jupiter. Investors include three of the world’s largest Property and Casualty firms – Liberty Mutual, Mitsui MS&AD, and QBE – as well as Energize Ventures, SYSTEMIQ, Nephila, seed investor DCVC and Series A lead Ignition Partners.
Jupiter will use the new capital to fuel the company’s aggressive expansion of its operations and expand product development to meet the evolving needs of leading global companies in new geographies.
Jupiter has received additional funding from the National Science Foundation for work in cloud computing, NASA for satellite observations, Elemental Excelerator, a global infrastructure innovation accelerator, and the Gordon and Betty Moore Foundation.
“Influential investors from the United States, European Union, Asia, and Australia highlight the global nature of Jupiter’s business and the rapidly growing demand for Jupiter’s broad portfolio of high-resolution, AI-enabled climate risk applications. Investments in the company currently total almost $40 million.”
– Rich Sorkin, CEO and Co-Founder of Jupiter