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To fight climate change with greener, more reliable power.
40% female employees
Overstory applies artificial intelligence to high-resolution satellite imagery to provide real-time analytics of natural resources. Their insights on the quantity and quality of natural resources help prevent and fight forest fires, tackle deforestation, and reduce power outages for utility companies, the forestry industry, and NGOs.
The company is backed by top climate tech investors, and has secured clients including Red Eléctrica de España, Rainforest Alliance, and Holy Cross Energy. All this goes to show that its product and business model are considered attractive for the space.
Looking ahead, Overstory plans to use funds obtained to expand and accelerate product development, with a focus on prescriptive over predictive monitoring, which shifts its utility from predicting forest fires to helping combat them as they occur.
Freddie
Company Specialist at Welcome to the Jungle
Oct 2023
$14m
SERIES A
Nov 2022
$5.2m
EARLY VC
This company has top investors
Indra den Bakker
(CEO)Background as a data scientist at 23insights, Screen6 and IPG Mediabrands. Former Mentor and Project Reviewer for Udacity's deep learning related Nanodegrees, and author of the "Python Deep Learning Cookbook".
Roelof Pieters
(CTO)Founded environmental consultancy Sunshine Lab and AI agency for creative industries creative.ai., and holds a PhD Candidate in Theoretical Computer Science.
Anniek Schouten
(COO)Former consultant at Kirkman Company, where they specialised in HR and Change Practice.