August 30, 2014 10:09 PM ET

Internet Software and Services

Company Overview of The Climate Corporation

Company Overview

The Climate Corporation provides software, hardware, and insurance products for farmers to improve farming operations worldwide. Its Climate Technology Platform combines hyper-local weather monitoring, agronomic modeling, and weather simulations to deliver Climate Basic and Climate Pro, which are mobile SaaS solutions that help farmers improve profitability by making better informed operating and financing decisions; and Total Weather Insurance, an insurance offering that pays farmers automatically for bad weather that may impact their profits. The company offers Full-Stack Risk Management solutions that cover federal crop insurance enhanced by technology that assesses risk and recommends op...

201 Third Street

Suite 1100

San Francisco, CA 94103

United States

Founded in 2006

Phone:

415-363-0500

Fax:

866-978-7483

Key Executives for The Climate Corporation

Co-Founder
Co-Founder
Chief Operating Officer
Managing Director of Europe & Asia
Chief Legal Officer
Compensation as of Fiscal Year 2014.

The Climate Corporation Key Developments

CNH Industrial N.V. and The Climate Corporation Announce Licensing Agreement

CNH Industrial N.V. and The Climate Corporation have announced a licensing agreement for precision planting technology. This non-exclusive agreement provides CNH Industrial N.V. and The Climate Corporation the opportunity for factory integration of select Precision Planting technology into CNH Industrial agricultural planters specifically designed to optimize planting performance, including the Case IH Early Riser Planters. The agreement is consistent with Monsanto's broad licensing approach to provide farmers access to leading technologies and information and CNH Industrial's commitment to delivering products and services to their customers that provide additional value to their operations. In addition, The Climate Corporation and CNH Industrial are committed to ensuring farmers can seamlessly connect to Climate's full range of services and technologies: from Precision Planting equipment to The Climate Technology PlatformTM, including Climate ProTM, FieldView, and FieldScripts.

The Climate Corporation Presents at 6th Annual Global AgInvesting conference, May-01-2014 10:00 AM

The Climate Corporation Presents at 6th Annual Global AgInvesting conference, May-01-2014 10:00 AM. Venue: 301 Park Avenue USA, New York, NY 10022, United States. Speakers: David Friedberg, Co-Founder, Chief Executive Officer and Director.

The Climate Corporation Introduces Climate Basic(TM) and Climate Pro(TM) for 2014

The Climate Corporation announced the availability of Climate Basic(TM) and Climate Pro(TM) for the 2014 Crop Year. Climate Basic(TM) is a mobile service that optimizes a farmer's daily decision making by providing up-to-the-minute, field-level current and future weather, soil, and crop growth stage information. Climate Basic(TM) is more powerful than services costing hundreds of dollars per year and is available at climate.com to farmers nationwide at no cost. Climate Pro(TM) is a revolutionary web and mobile service that increases a farmer's profitability through customized field recommendations that maximize yield and minimize costs. Climate Pro(TM) provides recommendations before and during the growing season that dynamically adjust to changing weather-related and other field conditions. Key recommendations offered by Climate Pro(TM) include what relative maturity and planting date will optimize yield, where, when, and how much to sidedress nitrogen, what integrated pest management mitigates yield loss, where variable rate application will be beneficial, and what harvest date optimizes dry down costs, grain moisture and yield. Farmers will also have access to up-to-the-minute, field-specific weather, forecasts, and crop conditions as well as farm-level yield projections. Climate Pro(TM) for 2014 provides corn farmers with an average increase in profits of over $100 per acre for only $15 per acre and soybean farmers with an average increase in profits of over $50 acre for only $7.50 per acre. Climate Basic(TM) Features: Hyper-local field-level weather and forecasts: comprehensive historical, current, and probabilistic short and long range weather forecasts, including temperature, precipitation, humidity, wind speed, radar imagery, and proprietary field workability; Tracker: current and projected crop growth stages and soil moisture; Alerts: extreme weather, daily precipitation and temperature summaries, hail alerts and crop updates; and Scouting & Notes: mobile tools for scouting and other in-field activities. Easy ability to share information across different users. Seamlessly includes key weather and field conditions. Climate Basic(TM) Benefits: Environmental and agronomic data made accessible and simple: field-level weather, workability and growth stage tracking in a single platform helps streamline and improve decision making; Tracking and scouting tools improved: integrated logging of scouting activities and weather observations helps farmers make timely decisions that can improve yields; Smarter production decisions: current field-level conditions and forecasts help farmers better plan planting, tillage, spraying and harvest to save valuable time; and Field and Weather Alerts: alerts delivered via text, email and mobile app allow farmers to be more responsive to rapidly changing field conditions, saving time and preventing lost yield. Climate Pro(TM) Features: All Climate Basic(TM) features; Planting Advisor: select the optimal planting date and relative maturity for each field based on current conditions and projected seasonal weather; Nitrogen Advisor: manage nitrogen (N) more effectively by tracking subfield level crop available N and receiving alerts about potential stress due to lack of N before yield is impacted; Pest & Disease Advisor: continuous monitoring of pest and disease risk to take the guesswork out of decisions about preventative and curative pest management; Variable Rate Advisor: get insight into the subfield variability of each field to better plan variable rate practices; Harvest Advisor: plan field-by-field harvest based on maturity and grain moisture. Continuously evaluate the tradeoffs between increased drying costs and yield loss; and Farm Level Revenue Dashboard: view operation-level yield and revenue outcomes and make informed marketing decisions. Climate Pro(TM) Benefits: Increase profit per acre by $100 for corn and $50 for soybeans on average: by increasing yield, decreasing cost and saving time, Climate Pro(TM) increases each acre's bottom line; Anticipate problems before they impact yield: identify crop stress from lack of nitrogen, pests, and other causes and evaluate possible responses before stress reduces yields; Optimize responsiveness to events as they happen: get the information and decision tools to make adjustments that maximize acre profitability for each challenge Mother Nature brings; and Maximize efficiency of Farmer's time and budget: save time gathering data, driving to fields, and scouting crops to spend more time farming.

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Recent Private Companies Transactions

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Date
Target
Merger/Acquisition
February 20, 2014
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Merger/Acquisition
October 2, 2013
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