Looking to sell Tomorrow.io stock or options?
Tomorrow.io has developed a hyper-local weather forecasting platform that enhances weather forecasting by providing innovative micro weather information. Their platform leverages wireless signals, connected vehicles, microwave signals from satellite-to-ground, street cameras, and other cutting-edge technologies, in addition to traditional meteorological data sources. This allows businesses to access accurate, real-time, location-specific, and on-demand weather forecasts, providing them with hassle-free access to real-time weather information.
PLUS Ventures, Ford Pro, Plug and Play Tech Center, Stonecourt Capital, JetBlue Ventures, Canaan Partners, Pitango Venture Capital, National Grid Partners, Sapir Venture Partners, Project 11 Ventures, The Graduate Syndicate, Standard Investments, MassChallenge, Fontinalis Partners, Intact Ventures, Seraphim Space, Arc Ventures (United States), L Marks, Ratan Tata, Clearvision Ventures, Evergy Ventures, Woodcross Capital, Highline Capital Management, Square Peg Capital, Harvard i-lab.
Tomorrow.io is currently a private company. This means that the company is not listed on any public exchange and so there is no public market for its stock. However, there may still be ways to monetize Tomorrow.io stock. Depending on Tomorrow.io’s policies, you may be able to: (1) find a private buyer in the secondary market to purchase your stock, (2) borrow against your stock, or (3) exchange Tomorrow.io stock into the Collective Exchange Fund for a limited partnership interest and then borrow non-recourse against your interest to generate immediate cash. This last alternative can be much quicker and net you more after-tax cash than your other options. An exchange into our fund also reduces your risk by diversifying your holdings out of an over-concentrated position.
Collective Liquidity can provide liquidity to shareholders of Tomorrow.io stock in two ways. First, Tomorrow.io employees can exchange shares into the Collective Exchange Fund and then borrow non-recourse to generate immediate cash. This can net you more after-tax cash than a stock sale. It also reduces your risk by diversifying your holdings out of an over-concentrated position. In some cases, Collective may also be able to purchase your Tomorrow.io stock. Note that all transactions in Tomorrow.io shares are subject to the company’s policies regarding secondary transactions. Schedule a call with a Collective Liquidity representative to learn more about your private market liquidity alternatives.
Tomorrow.io stock is not listed on any public exchange and so there is no public market for its shares. Therefore, there is no single, centralized price for Tomorrow.io stock. Typically, shares of private companies like Tomorrow.io are set with buyers in one off negotiations. Collective Liquidity, however, uses a proprietary algorithm to determine its bids so we almost always have an immediately actionable price for you.
On Jun 2023, Tomorrow.io is reported to have closed an equity financing in which the investors valued the company at $434M. This valuation is typically calculated by multiplying the per share price of the preferred stock sold in the financing by the number of Tomorrow.io shares outstanding assuming the conversion of all stock options, warrants, etc.
Tickers are used to identify company’s shares on public markets like the NYSE or Nasdaq. Because Tomorrow.io is not currently publicly traded, it does not have a ticker symbol.
Tomorrow.io has not yet conducted an initial public offering (“IPO”) and so remains a private company. Though Tomorrow.io is a well-known, successful company, there can be no assurance that it will ever go public or be sold. Because of the risk this imposes on Tomorrow.io shareholders, many investors elect to gain liquidity for at least some of their shares before the IPO. Schedule a call with a Collective Liquidity representative to discuss your private market liquidity alternatives.