TempoQuest Inc.

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TempoQuest Inc. - overview

Established

2014

Location

Las Vegas, NV-Nevada, US

Primary Industry

Software

About

TempoQuest Inc. specializes in high-resolution weather forecasting solutions, providing mission-critical accuracy tailored to various industries through advanced technologies like AceCAST and the FOX Model. Founded in 2014 and headquartered in Las Vegas, US, TempoQuest Inc. offers high-resolution weather forecasting solutions.


The company has successfully completed 2 deals, with its most recent deal occurring on December 13, 2017, during the SEED funding round, raising USD 2. 5 mn from S-Cubed Capital and other investors. Gene Pache, the founder, has a background in developing weather forecasting technologies and has been instrumental in the company's strategic direction. TempoQuest specializes in high-resolution weather forecasting solutions through its core product, AceCAST, which utilizes a GPU-accelerated WRF modeling platform.


This technology processes weather simulations nine times faster than traditional methods, providing mission-critical accuracy tailored to various industries, including utilities, renewable energy, and media. The company has developed hyperlocal datasets and custom weather simulations that accommodate AI and machine learning applications, enhancing analytics capabilities for end users. Additionally, the FOX Model, co-developed with FOX Weather, represents a next-generation forecasting system aimed at improved hurricane tracking and extreme weather event management. TempoQuest's products are marketed primarily in North America and Europe, serving clients ranging from utility companies to major media outlets and renewable energy firms.


TempoQuest's revenue model primarily revolves around subscriptions and partnerships, where clients pay for access to its suite of weather forecasting tools and services. Clients can engage with the company through various pricing structures associated with its flagship products, including AceCAST and WRF On Demand, which deliver tailored weather visualizations and analytics for critical decision-making. Transactions between TempoQuest and its clients often include ongoing support services, ensuring seamless integration of technology into existing workflows. This model allows organizations to leverage sophisticated weather forecasting capabilities on a subscription basis, enhancing operational efficiency and decision-making processes in real-time.


The company’s focus on enterprise-grade solutions enables it to cater to a diverse clientele across multiple sectors, reinforcing its position in the weather forecasting market. TempoQuest Inc. is focused on expanding its product offerings and geographic reach. The company is actively designing new forecasting tools to enhance its existing suite, although specific product release dates have not been disclosed.


Following their SEED round in December 2017, which raised USD 2. 5 mn, TempoQuest plans to utilize these funds to support its expansion into additional markets, particularly in Europe and Asia, by the end of 2023. The company aims to leverage its innovative forecasting capabilities to attract clients in these regions, further solidifying its position in the weather forecasting sector.


Current Investors

NVIDIA Corporation, S-Cubed Capital

Primary Industry

Software

Sub Industries

Environmental Services, Analytics & Performance Software

Website

www.tempoquest.com

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

TempoQuest Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
SeedCompletedTempoQuest Inc.-
Series ACompletedTempoQuest Inc.-

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