This is the ClimateAi pitch deck to raise a $12m series-a round in 2021. They arean Enterprise Climate Platform.
About
As the climate crisis continues to upend the global economy, companies are feeling the heat. Global supply chains are under threat, and firms are increasingly looking to technology-based solutions to help them assess and pre-empt risks to their business models.
San Francisco, CA-based ClimateAi, which announced on July 21 that it raised $12 million in Series A funding, uses artificial intelligence to help companies model climate risk. Radical Ventures led the Series A round, which included new investors Finistere Ventures and Robert Downey Jr.’s FootPrint Coalition Ventures and existing investors like AMECloud and Neotribe.
A host of angel investors also participated in the round, including Lyft’s former chief strategy officer Raj Kapoor and sustainable infrastructure fund manager Dave Chen of Equilibrium.
The news comes as investors look for data companies that can provide robust information about environmental factors affecting the businesses in their portfolios. Underestimating climate risk has proven costly for large companies like ExxonMobil, which has been the target of a number of climate-related lawsuits.
In conjunction with the fundraise, ClimateAi announced it had launched an enterprise climate planning platform to enable companies to understand and quantify these risks. ClimateAi’s technologies help companies forecast potential supply chain disruptions with the goal of standardizing the climate risk assessment process.
Founded in 2017 by Indian climate scientist Himanshu Gupta and Ecuadorian agriculture entrepreneur Max Evans, ClimateAi has raised $16 million to date. While its solutions are currently tailored to clients in the food and agriculture space, the company “plans to expand its platform to support solutions across other industry supply chains,” per its press release.
Funding rounds
|
Announced Date
|
Transaction Name | Number of Investors | Money Raised | Lead Investors |
| Jul 21, 2021 | Series A – ClimateAI | 10 | $12M |
Radical Ventures
|
| Apr 1, 2019 | Seed Round – ClimateAI | — | $3.5M | — |
| May 1, 2018 | Pre Seed Round – ClimateAI | — | $450K | — |
Pitch deck review summary
It’s a disaster of a deck. It looks like the founders aren’t dumb but read what investors care about and decided to list it out where they could without understanding the assignment. It’s an annoying deck to read.
Structured summary review
Words
There’s normally more words than needed.
Slide length
The deck is too short to cover what a startup needs to do.
Headers
They make a better attempt to write headers than most, but the content isn’t good.
Appearance
It is not good, but a lot is structural.
Narrative
There is none and I don’t think the slides are in the correct order.
Structure
There’s a lot wrong. They clearly made it themselves and don’t know how to make PowerPoint.
Slides
Slide by slide review
Don’t write you are on a mission or any bla like that. just write a tag line.
Years ago I made a template with an overview slide but it was a matrix. I’m in two minds on overview slides, but this is way too much.
Never ever write this much text on a slide. Ever. Even in investment banking we don’t put this much on a slide (there would be two).
Also, they are playing word bingo. I mean:
- Product market fit
- Data moat
- Network effects
- Land and expand
That do it all! Ph wait, and they have Ai in the name!
The formating is weird.
Oh wait, Bingo! They mentioned land and expand again. Don’t repeat yourself. Say things once.
Why do you have two overview slides when the whole thing shouldn’t be more than 24 slides max.
Ok, world-class, so Gates, Zuck, and Woz are together? Not exactly but there’s a pineapple farm dude.
Do not write world-class.
No one cares about your advisors.
No one cares about this slide.
No one has an opportunity that starts with a T. Never ever write a Trillion Dollar opportunity.
There is far too much text on the page that no one will read. If you are making a matrix then put headers on the left to label it.
The CDP source is for what? Reference it directly.
They have a bingo problem, not they are on to rapid scaling. The fact they have brackets to explain it can scale shows that they want to compensate- likely from feedback that their model doesn’t scale.
The slide looks horrible. There is no negative space. Here is a rare example where a designer would actually have helped for once.
There is far too much going on. It’s symptomatic of just approaching your deck wrong and trying to make it work. Likely this needs to be 2 slides and in different places.
Roadmap slide goes at the end. But this isn’t a product roadmap, it’s a market expansion slide.
There is a lot of content about how large it could be, but no traction to back up they are on track to anywhere.
No one cares about patents as you don’t have the budget to defend them.
Nothing here is defensible.
There is stuff redacted, but I’m sure it’s specious.
Oh great, more about patents.
Don’t get what the point is, but they have no credibility to me at this point.
Just redact some data points if you are going to share. No near to hide the whole slide.
Why now is literally why now. Is anything a reason why this couldn’t have been done two years before or after?
Not a great slide and frankly if there was traction if wouldn’t be on just a slide.
The 10-12m range is fine.
You want to spell out key milestones to achieve with the money, not just wiffly get clients and make a product which will retain customers for once.
Deck Collection
See the rest of the collection here:
Comments (0)
There are no comments yet :(