Funding round
Tomorrow.io Series D
Tomorrow.io, which works in weather intelligence platform solutions in Boston, raised $77M in a Series D round announced on 30 Mar 2021, led by Stonecourt Capital. 2 firms took part. It is Tomorrow.io's third venture round on record; the one before was a Series B in Oct 2018.
$77M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
Tomorrow.io did not disclose a valuation in this round. It came 29 months after Tomorrow.io's Series B. It is 18% of the $434M Tomorrow.io has raised in the venture rounds on record. Tomorrow.io raised again 27 months later: a Series E round of $87M in Jun 2023. Its next priced round, a Growth in Feb 2026, valued it at $1.00B.
Tomorrow.io's funding rounds
Tomorrow.io has 6 venture rounds on record. This one is highlighted.
- Series A 27 Nov 2017, led by Canaan $15M
- Series B 4 Oct 2018, led by Clearvision Ventures $45M
- Series D this round 30 Mar 2021, led by Stonecourt Capital $77M
- Series E 14 Jun 2023, led by Activate Capital $87M
- Growth 3 Feb 2026, led by Stonecourt Capital and HarbourVest $175M$1.00B post-money
- Series F 18 May 2026 $35M
Investors
Who put money in
Stonecourt Capital led the round with 1 other firm.
Lead investor
- backs 2 venture-backed companies new investor
Also in the round
- Highline Capital new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
221 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 77% of the median. The closest in time, other companies' Series D rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 9 Mar 2021 | $200M | $3.20B | Tiger Global |
| Tech Companies | 24 Mar 2021 | $200M | $1.00B | KKR |
| Tech Companies | 22 Mar 2021 | $150M | $1.00B | Coatue |
| Uniphore Tech Companies | 31 Mar 2021 | $140M | not disclosed | Sorenson Capital Partners |
| Tech Companies | 1 Mar 2021 | $130M | $760M | Canapi Ventures |
| Tech Companies | 30 Mar 2021 | $125M | $2.10B | D1 Capital Partners |
| Job&Talent Tech Companies | 10 Mar 2021 | $119M | not disclosed | not named |
| PayFit Tech Companies | 17 Mar 2021 | $107M | not disclosed | Eurazeo and Bpifrance |
Sources
Where this comes from
Reported by 7 sources.
Questions
Frequently asked
How much did Tomorrow.io raise in its Series D round?
Tomorrow.io raised $77M in its Series D round, announced in Mar 2021.
Who led Tomorrow.io's Series D round?
Stonecourt Capital led it, with Highline Capital.
What was Tomorrow.io's valuation at the Series D round?
It was not disclosed.
How does it compare with other Series D rounds in Tech Companies?
221 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $100M, and this round was 77% of the median.
Did Tomorrow.io raise again after this round?
Yes: a Series E round in Jun 2023 of $87M.