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Based in San Francisco, California, 3Degrees is a climate solutions provider that originates, trades, and sells environmental commodities such as renewable energy certificates, carbon credits, and biofuels. The firm assists corporate and utility clients in achieving net-zero goals through sustainability consulting, power purchase agreement advisory, and the management of voluntary green power programs. Operating as a Certified B Corporation since 2012, the company employs approximately 300 to 400 people and provides environmental market services to more than 75 Fortune 500 companies. 3Degrees expanded its carbon removal and advisory capabilities through the acquisition of Origin Climate and manages green power initiatives for regional utility partners including Pacific Power, Puget Sound Energy, and Portland General Electric. The organization was founded in 2007 by Steve McDougal and Dan Kalafatas.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 20, 2014 | Faraday | $880K Series A | Cairn Cross | ARB, LaunchCapital |