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Connect Earth is a technology company.
Connect Earth develops a Sustainable Finance Operating System, providing financial institutions with comprehensive tools for carbon measurement, environmental insights, reporting, and decarbonization. The company's core offering centers on its carbon tracking API technology, designed to integrate seamlessly and provide granular data to support greener financial decisions. This technical approach aims to simplify complex environmental data for broad application.
Founded in London in 2021, Connect Earth was established by its co-founder and CTO, Nick Carmont, and others, to address the critical need for accessible environmental data. The foundational insight stemmed from the observation that while many desired sustainable choices, a significant gap existed between intent, knowledge, and actionable data. The company was conceived to bridge this divide through technology.
The platform primarily serves financial institutions, enabling them to integrate sustainability metrics into their operations and product offerings. Looking ahead, Connect Earth envisions empowering individuals and small to medium-sized enterprises (SMEs) by making environmental impact data transparent and actionable. Its long-term mission is to be the foundational data layer for sustainable finance, driving widespread adoption of environmentally conscious practices.
Connect Earth has raised $7.8M across 2 funding rounds.
Connect Earth has raised $7.8M in total across 2 funding rounds.
Connect Earth has raised $7.8M in total across 2 funding rounds.
Connect Earth's investors include Benjamin Faulkner, Albion VC, FINTOP Capital, Market One Capital, Outrun Ventures, Passion Capital, Mik Attisani, Will Martin, Global Brain, Love Ventures, Mustard Seed Maze, Norinchukin Bank.
Connect Earth is a London-based climate fintech company founded in 2021 that builds a white-label carbon accounting infrastructure and API for financial institutions to measure and track carbon emissions from spending and investments.[1][2][6] It serves banks, fintechs, and enterprises like KBC Bank and FIS Global, solving the problem of inaccessible sustainability data by enabling Carbon-Measurement-as-a-Service (CMAAS)—providing granular, AI-powered emissions calculations to help clients address portfolio emissions, comply with regulations, boost revenue, and mitigate climate risk.[1][2][3] The company raised $5.6 million in seed funding to expand in the U.S. and Europe, with products like *Connect Invest* for investment emissions tracking, showing strong early momentum through partnerships and product launches.[2]
Connect Earth was founded in 2021 in the U.K. as an environmental data company at the intersection of sustainability and finance.[2][6] Key figures include co-founder and CTO Nick Carmont, who has highlighted the company's ambition to become the "environmental data backbone of financial services."[2] The idea emerged to democratize access to climate impact data, bridging the gap between intent, knowledge, and action for sustainable choices, particularly in finance where emissions tracking was fragmented.[2][3][4] Early traction included a FinovateEurope debut in 2023, partnerships with institutions like KBC Bank and FIS Global, and the $5.6 million seed round led by investors like Gresham House Ventures, fueling global expansion.[2][5] A pivotal move was acquiring Stockholm-based ESG firm Datia, enhancing its carbon measurement capabilities.[1]
Connect Earth rides the sustainable finance wave, fueled by rising regulatory pressures (e.g., EU sustainability reporting) and investor demand for ESG transparency amid climate risk.[1][2] Timing is ideal as financial institutions face mandates to disclose portfolio emissions, while AI advancements enable precise, real-time tracking—positioning Connect Earth as infrastructure for decarbonization at scale.[1][6] Market forces like corporate net-zero pledges and fintech innovation favor it, with its API model influencing the ecosystem by empowering banks to productize climate data, much like payment APIs revolutionized transactions.[2][5] By acquiring Datia and expanding products, it strengthens the climate tech stack, enabling broader adoption of data-driven sustainability.[1]
Connect Earth is poised to scale as the go-to carbon data layer for global finance, leveraging its seed funding for U.S./Europe growth and new products amid tightening regulations.[2] Trends like AI-enhanced ESG tools and mandatory Scope 3 reporting will accelerate demand, potentially evolving it into a full-suite climate risk platform with deeper enterprise integrations.[1][2] Its influence could expand by standardizing emissions data, driving industry-wide decarbonization—transforming how finance powers the green transition, much like its API bridges intent to action today.[3][4]
Connect Earth has raised $7.8M across 2 funding rounds. Most recently, it raised $6.0M Seed in March 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2023 | $6.0M Seed | Benjamin Faulkner | Albion VC, FINTOP Capital, Market One Capital, Outrun Ventures, Passion Capital, Mik Attisani, Will Martin, Global Brain, Love Ventures, Mustard Seed Maze, Norinchukin Bank, Portfolio Ventures, Super Capital, Venista Ventures |
| Mar 29, 2022 | $1.8M Other Equity | D2, Entrepreneur First, Market One Capital, Henry Wigan, Plug and Play, Venista Ventures |