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Salient Predictions

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About Salient Predictions

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Salient delivers weather forecasts by combining AI, machine learning, and numerous weather models into a unified platform. Salient generates calibrated and cross-validated probabilistic forecasts with improved accuracy and reliability over input models. Salient works with commodity traders in both the agriculture and energy trading space. Salient's forecasts inform yield predictions, energy demand, and efficiency decisions.

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Founded

2019

Company history

Woods Hole scientist, Ray Schmitt theorized that rain is linked to significant loss in ocean water due to evaporation. In 2016, Ray Schmitt teamed with his sons Eric and Stephen—engineers interested in machine learning—to enter the U.S. Bureau of Reclamation’s S2S Forecast Rodeo. Their mode outperformed all other entries, including several of the world’s foremost forecasting companies, and laid the foundation for Salient. In 2020, Salient commercialized the weather offering. In 2023, Salient closed it's seed funding round.

Office locations

Fully remote -- distributed across the U.S.

Number of employees

Sources of funding

$8.6m in funding across 2 rounds from 2020 to 2023.

Contact name

John Smith

Contact role

Analyst