Rhizome, a Washington, DC-based climate resilience software provider, secured $1M from Convective Capital.

The investment will support the expansion of Rhizome’s operations and development efforts.

Rhizome’s AI-powered platform helps utilities assess and mitigate wildfire risks by analyzing asset, geographic, and historical data.

gridFIRM, the company's flagship product, aids electric utilities in the U.S., Canada, and Australia in wildfire risk management.

CEO Mishal Thadani highlighted that, with hotter summers predicted, addressing wildfire concerns has become crucial.