Rhizome, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Rhizome, Inc. - overview

Established

2023

Location

Washington, DC, US

Primary Industry

Software

About

Based in the District of Columbia, US, and co-founded by Mishal Thadani (CEO) and Rahul Dubey (CTO) in 2023, Rhizome operates as a software-as-a-service (SaaS) company offering a platform that tracks, monitors, and reports on grid reliability and resilience. Some of the firm’s clients include Seatle City Light, Joules Accelerator, SLAC, Climate READi, etc. In October 2023, the firm raised USD 2. 5 million in seed funding led by investors El Cap, Intelis Capital, Jetstream, and Looking Glass Capital.


In May 2025, Rhizome, Inc. raised USD 6. 5 million in seed funding led by new investor Base10 Partners, with participation from other new investors CLAI Ventures, Everywhere Ventures, MCJ, Stepchange, and Streetlife Ventures. Returning investors Convective Capital and El Cap also participated in the round.


The company addresses the escalating challenges posed by extreme weather events to the power grid. Rizome through its AI (artificial intelligence) powered software platform offers solutions for investment planning, with a primary objective of enhancing grid reliability and resilience. Their software leverages advanced technology, climate science, and machine learning to facilitate the planning and execution of grid investments. Additionally, the company also offers tools to quantify climate-related risks at high resolutions and to evaluate the economic and social benefits of grid-enhancing investments.


It includes autonomous machine learning models, high-resolution climate projections, and decision intelligence capabilities. The company plans to utilize the May 2025 funding  to expand its artificial intelligence platform and grow its team to support utility-focused climate resilience planning.


Current Investors

Intelis Capital, Looking Glass Capital, Jetstream

Primary Industry

Software

Sub Industries

Green IT, Engineering Software, Accounting/Finance Software

Website

www.rhizomedata.com

Verticals

Artificial Intelligence, Clean Technology, Cloud Computing

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.